Aker Kvaerner Establishes EPCm Contract with BP in Germany

Aker Kvaerner Netherlands B.V., part of the Aker Kvaerner Group, has received a letter of intent, based on Contract Terms currently being finalised, to perform Engineering, Procurement and Construction Management Services for major BP petrochemical and refining sites in Germany.

Under this contract Aker Kvaerner will perform Engineering, Procurement services and Construction Management services for small and medium size projects at the BP sites in Gelsenkirchen, Koln, and Marl with an option for Lingen also to participate. The duration for this agreement is five years with the possibility of further extension in terms of locations and duration.

Aker Kvaerner Netherlands B.V. has signed the contract on behalf of Aker Kvaerner businesses - AK Process and AK Engineering Services - which will be collaborating on the project.

This frame agreement is part of several similar agreements Aker Kvaerner has won in the Benelux and Germany for companies such as General Electric and DuPont.

The petrochemical production capacity of the sites taking part in the initiative amounts to more than 11 million tons of product per annum, which represents more than 60% of BP's production capacity in Europe.