Profile: Kvaerner ASA (KVAER.OL)
KVAER.OL on Oslo Stock Exchange
5 Dec 2013
5 Dec 2013
Price Change (% chg)
Kvaerner ASA is a Norway-based engineering, procurement and construction (EPC) company. The Company provides a range of technologies, solutions and products for offshore topsides, floating oil and gas facilities, substructures and complete onshore plants. Its business is divided into two reporting segments, namely Upstream, and Downstream and Industrials. The Upstream segment is divided into four separate business areas: North Sea, delivering topsides, floaters and onshore upstream facilities; Jackets, delivering steel jackets for oil and gas installations and wind jackets; Concrete Solutions, delivering concrete substructures, and International, delivering topsides, floaters and onshore upstream facilities. The Downstream & Industrials segment consists of one business area: Engineering & Construction (E&C) Americas and is a contractor for onshore facilities, power plants and steel mills.