Aker Kvaerner streamlines operations
Posted: 31 March 2008
Aker Kvaerner is set to integrate the operations of its current Maintenance, Modifications and Operations business area (MMO) and Field Development business area (FD). The new business will have nearly 8,500 own employees - including more than 2,300 engineers.
"We do this to streamline our operations - to further sharpen our commercial edge to win new projects in new and current markets. This initiative will strengthen our ability to develop new business opportunities - and to deliver on our strategic targets," said Simen Lieungh, President & CEO at Aker Kvaerner.
"The reorganisation gives a leading engineering capability, with enhanced flexibility to further optimise our services offering and capacity.
"The initiative secures more focused business streams and resource centres, positioning Aker Kvaerner for further project execution excellence - across our project portfolio, throughout the value chain of our customers," said Lieungh.
The reorganisation launched today sets off a process that will decide the new structure, business streams and new management. The new model is expected to be fully operational from 1 January 2009.
Posted by Richard Price, Editor, EnergyME.com
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