The project comprises the expansion of the current E134 from two to four lanes along the 14-kilometre stretch between the municipalities of Frogn and Asker in Akershus. The scope includes, among other things, new tunnel tubes in the Oslofjord Tunnel (7.4 kilometres), the Frogn Tunnel (1.6 kilometres) and the Vassum Tunnel (370 metres), new tunnel portals, several major bridges and the reconfiguration of interchange areas. In addition, the existing tunnels along the route will be upgraded in accordance with current tunnel safety regulations.
“We are very proud that, following negotiations, our tender was assessed as the best based on the award criteria of price, expertise and environmental performance. We have been working on preparations for approximately two years, and we are therefore very well prepared. This project allows us to apply our broad construction expertise and experience in close cooperation with the Norwegian Public Roads Administration. We are greatly looking forward to commencing construction work,” says Jimmy Bengtsson, President and CEO of Veidekke.
On average, more than 11,000 vehicles pass through the Oslofjord Tunnel every day, a significant proportion of which is heavy goods traffic. Tunnel closures caused by incidents therefore have major consequences for traffic flow. The new tunnel tube in the Oslofjord Tunnel will improve capacity, predictability and safety for road users. Read more about the project here.
Construction work is scheduled to begin as early as this summer, with an estimated construction period of seven years, as stated in the stock exchange announcement regarding the contract award recommendation published on 17 March 2026.
The contract will be included in Veidekke’s order backlog for the second quarter of 2026.
For further information, please contact:
CFO Jørgen Wiese Porsmyr, tel. +47 907 59 058, jorgen.wiese-porsmyr@veidekke.no
Communication Manager Helge Dieset, tel. +47 90 55 33 22, helge.dieset@veidekke.no
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Veidekke is one of Scandinavia’s largest contractors. In addition to undertaking all types of building and civil engineering assignments, the group also maintains roads and produces asphalt and aggregates. Veidekke emphasises stakeholder involvement and local experience. Its annual turnover is approximately NOK 43 billion, and half of its 8,000 employees own shares in the company. Veidekke is listed on the Oslo Stock Exchange and has posted a profit every year since its inception in 1936.
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