October 2004

Trends and Resources

HP Construction: HPIn Construction: Asia-Pacific

Aker Kvaerner has a letter of intent (LOI) with Agip Kazakhstan North Caspian Operating Company N.V. to perform fabrication, outfitting and testing of seven barges for oil production in the Kashagan o..

Jackson, Kim M., Hydrocarbon Processing Staff

Aker Kvaerner has a letter of intent (LOI) with Agip Kazakhstan North Caspian Operating Company N.V. to perform fabrication, outfitting and testing of seven barges for oil production in the Kashagan oil field in the north Caspian Sea, offshore Kazakhstan. Work on the project has begun under an interim agreement. Participants in the Kashagan project include Eni (Agip, operator), ExxonMobil, Shell, Total, British Gas, each with 16.67% interest, and ConocoPhillips and Inpex, with 8.33% each. The LOI covers fabrication, outfitting and testing of seven barge modules, including three oil separation barges, two gas dehydration and glycol regeneration barges, one emergency power generation and

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