Aker Kvaerner Inks Double Drilling Riser Deal

Aker Kvaerner has signed contracts for the delivery of two complete drilling riser systems and associated equipment. The two customers are undisclosed. Total contract value is NOK 300 million (U.S. $55 million).

The two drilling risers will come at a combined length of almost six kilometers. They will be manufactured and delivered out of Aker Kvaerner Subsea's high tech manufacturing center in Malaysia. Delivery is scheduled for 2009.

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