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Kværner ASA provides engineering, procurement, and construction services for offshore platforms and onshore plants of oil and gas operators in Norway, rest of Europe, Canada, and internationally. The company executes contracts of oil and gas steel jacket substructures and jackets; and topsides facilities designed and built for installation on steel jackets and concrete gravity base structures, as well as on various types of floating units. It is also involved in the design, construction, and installation of marine concrete structures for the upstream oil and gas industry, which include concrete substructures for offshore platforms; concrete gravity base structures for liquefied natural gas production and receiving terminals; concept development and front-end engineering and design; engineering and construction management; site construction; and marine operations. In addition, the company engages in the project management, design, engineering, procurement, and construction of onshore oil and gas projects; and decommissioning of offshore oil and gas installations, as well as provision of an unmanned wellhead platform for tieback solutions. Further, it is involved in the cold forming, prefabrication, and welding of pipes comprising risers, riser tools and special riser joints, riser and tools refurbishment, subsea flow loops and flow control modules, modular process/system skids, high pressure manifolds, piping spools production, and minor steel and aluminum structures, as well as modification and maintenance services. Kværner ASA was incorporated in 2011 and is headquartered in Oslo, Norway.

9.26 NOK
As of 11/10/2020

Security Information
Category1:  Global Equity
Category2:  Common stocks
Category3:  Developed markets ex-US
GICS sector:  Energy
Industry:  Oil & Gas Equipment & Services
Index country:  Norway
Country of incorporation:  Norway
IPO date:  07/08/2011
Stock exchange:    Oslo Bors Asa
Exchange country:   Norway
Market cap:   2,489,366,016 NOK
Current dividend yield:   8.06%
Sedol:      B5VFQ00

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