Aker Kvaerner acquires RR Offshore, sells Russian yard

Aker Kvaerner has entered into an agreement, which gives the company full ownership of Finnish RR Offshore and ends the co-operation between Aker Kvaerner and its former Russian partner ST Holdings

Offshore Staff

OSLO, Norway -- Aker Kvaerner has entered into an agreement, which gives the company full ownership of Finnish RR Offshore and ends the co-operation between Aker Kvaerner and its former Russian partner ST Holdings. As part of the agreement, Aker Kvaerner will sell its shares in the Astrakhan Korabel yard to ST Holding.

02/13/2008

More in Company News