Veidekke Entreprenør AS has entered into a contract with Statoil ASA in connection with the construction of a new test facility for a subsea compressor at K-lab on Kårstø. The total value of the contract is approx. NOK 115 million, excluding VAT.
K-lab is Statoil's specialised laboratories for large scale testing of gas flow, compression and meetering. Veidekke is going to build a cast test pool with collar and crane rail around the pool where the foundations will be steel core piles. A Local Equipment Room 350 m2 in size is also to be built with an underground cable basement and a section for transformer and technical installations. In addition, the contract includes the building of a process plate, the supply and installation of a culvert for electrical cables and instrument cables and foundations for technical pipes and seawater pipes.
The building has already commenced, and work is to be completed in the second quarter of 2012.
For more information please contact:
Project Manager Kristian Senland, Veidekke Entreprenør AS, tel +47 911 28 356, kristian.senland@veidekke.no
Site Manager Kjell Skjøllingstad, Veidekke Entreprenør AS, tel +47 93 46 00 94, kjell.skjolingstad@veidekke.no
Communications Manager Helge Dieset, Veidekke ASA, tel. +47 90 55 33 22, helge.dieset@veidekke.no
Veidekke is one of Scandinavia's largest contractors with 6,100 employees and a turnover of NOK 16.3 billion (2010). Activities include building and construction projects, residential developments, asphalt plants, gravel and aggregates and road maintenance. Our values are professional, honest, enthusiastic and pioneering. Our goals for health, safety and the environment, HSE, have equal status with our financial goals. Veidekke is characterized by a decentralized organizational model with a strong corporate culture and a high degree of employee involvement. Over half the employees are co-owners, holding almost 20% of Veidekke's shares between them. The company is listed on the Oslo Stock Exchange and has never declared a loss since it was founded in 1936.