Kvaerner said it plans to invest NOK 370 million ($46.8 million) in a new quay at the company’s facility at Stord.
”The objective for this upgrade will be to make the facility more flexible. We invest now to strengthen our competitiveness, and this extension will position Kvaerner for deliveries of new solutions to both oil and gas projects and other market segments,” said Kvaerner president & CEO, Jan Arve Haugan.