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Topic: Kvaerner

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	COOPER CAMERON CORPORATION v. KVAERNER OILFIELD PRODUCTS, INC
		We agree with Kvaerner that the district court did not err in granting summary judgment of noninfringement of claim 10 of the ’707 patent under the doctrine of equivalents.
		We are not persuaded by Kvaerner’s arguments, relying on Gentry, that it is essential to the invention for the workover port to enter the assembly “between the two plugs” and that claims reciting a location other than “between the two plugs” are therefore invalid for inadequate description.
		We are also not persuaded by Kvaerner’s arguments that the claims are invalid for inadequate description because the specification does not indicate that the workover port may be claimed by reference to the position of the tubing hanger and BOP bore.
	www.ll.georgetown.edu /federal/judicial/fed/opinions/01opinions/01-1383.html (2913 words)

	CNN.com - Kvaerner avoids collapse - Nov. 26, 2001
		Kvaerner, whose market capitalisation has plunged to about 1.3 billion crowns, desperately needs a longer-term bailout to overcome losses and huge debts that have already forced it to shrink from a peak of more than 80,000 employees in the late 1990s.
		She said that Kvaerner had accepted for the first time that a Kvaerner-Aker merger was a possibility.
		But she said Kvaerner's board, fearing that it might be forced to sell itself at too low a price, was insisting on an independent assessment of the two groups' values.
	edition.cnn.com /2001/BUSINESS/11/26/kvaerner/index.html (436 words)

	Power Technology - Kvaerner Power - Efficient Boilers for the Production of Green Power
		Kvaerner Power is also the leader for delivering recovery systems to chemical pulp mills.
		Kvaerner Power is one of the leading suppliers of circulating fluidized bed (CFB) boilers for biomass, recycled fuel and coal (50MWth - 600MWth).
		Kvaerner Power's thorough experience of biofuels has found good use in the segment of sustainable power industry, for instance, in the combustion of demanding fuels originating from waste streams, like wood residues and fuel derived from municipal waste.
	www.power-technology.com /contractors/boilers/kvaerner (772 words)

	CNN.com - Merger saves Kvaerner - Nov. 28, 2001
		Kvaerner, the 148-year-old company, which has about 35,000 employees in 35 countries, had said it could face bankruptcy this week unless it agreed a bailout with Aker.
		Kvaerner, whose market capitalisation has plunged to about 1.3 billion crowns, ran up huge debts after an over-optimistic expansion in the 1990s, including the acquisition of British conglomerate Trafalgar House.
		Kvaerner and Aker have asked the Oslo Stock Exchange to suspend trading of its shares until a more detailed proposal has been presented, which is set for 1100 GMT at the Aker offices in Oslo.
	edition.cnn.com /2001/BUSINESS/11/28/kvaerner/index.html (394 words)

	BBC News \| BUSINESS \| Kvaerner halves lending request
		Kvaerner's seven-and-a-half thousand strong workforce is employed in its London headquarters as well as in Aberdeen, the North East of England and around the Solent in the south.
		Kvaerner's crisis talks were dealt a fresh blow during Monday evening when the credit ratings agency Moody's Investors Service downgraded its long-term debt rating amidst growing fears in the market that the company is about to collapse.
		Kvaerner's initial efforts to put together a consortium of guarantors for a 2bn Norwegian kroner ($231m, £158m) loan failed as investors were loath to bail out the company after revelations that its debt burden was significantly greater than previously thought.
	news.bbc.co.uk /1/hi/business/1561914.stm (775 words)

	Law.com: Insurers Obligated to Defend in Asbestos Claims
		In his Aug. 19 decision to grant a Kvaerner motion for summary judgment, Sheppard also ruled that although Kvaerner should be allowed to follow through with running the defense against the pending claims against it, One Beacon and co-defendant Century Indemnity Co. should be permitted to control the defense against claims brought in the future.
		Sheppard agreed with Kvaerner that its interpretation of the policies' language conforms to industry standards and denied a defense motion for summary judgment as to the scope of the duty to defend.
		Russell, who was counsel for Kvaerner, said that last week, Sheppard amended his order in the matter to include language that allows the company to seek prejudgment interest on amounts it has spent in conjunction with its recent legal costs.
	www.law.com /jsp/law/LawArticleFriendly.jsp?id=1125318964065 (1097 words)

	App Solutions \| Kvaerner Industrial Case Study
		Recently, Kvaerner relied on an SLS system located at the Oslo School of Architecture in Norway to create a testable DuraForm® PA prototype of what it hoped would be a more efficient pump design.
		Kvaerner reviewed several solid imaging technologies and selected the SLS process for its ability to produce prototypes that can withstand harsh test conditions.
		“Kvaerner had heard about the good mechanical properties of the DuraForm prototypes produced on our SLS system and asked us to create two parts: the rotor itself and the stationary part of the pump, the so-called diffuser ring,” recalls Killi.
	www.3dsystems.com /appsolutions/casestudies/atwork_Kvaerner_Industrial.asp (938 words)

	Kvaerner (Freedom to provide services) [2001] EUECJ C-191/99 (14 June 2001)
		Kvaerner pays the premiums relating to those contracts directly to the insurancecompany and passes on to the insured undertakings the share of the total corresponding to the operating risks of each of them.
		Kvaerner and the United Kingdom Government consider that the Directive precludes the levying of Netherlands insurance tax on Kvaerner for the premiums which it paid in the United Kingdom to cover the business risks of John Brown BV and which the latter reimbursed to Kvaerner through John Brown plc.
		Kvaerner considers that, since Article 2(d) uses the term 'establishment of the policy-holder only where the policy-holder is a legal person, the policy-holder's establishment cannot be interpreted as also covering all subsidiaries, which are wholly separate legal persons.
	www.worldlii.org /eu/cases/EUECJ/2001/C19199.html (3786 words)

	Ex-Kvaerner bosses fight back
		Highly indignant former chiefs at Kvaerner ASA are lashing out at criticism from a commission that's tried to pinpoint what went wrong at the industrial concern.
		Kvaerner's accountants, meanwhile, are also fending off criticism from the commission.
		One thing appears clear: Kvaerner, which now operates as Aker Kvaerner under Roekke, will likely be the subject of more controversy and noise as the finger-pointing continues.
	www.aftenposten.no /english/business/article696993.ece?service=print (289 words)

	Army Technology - Kvaerner Eureka - Armoured Vehicle Sub-Systems (Site not responding. Last check: 2007-10-30)
		Kvaerner Eureka a.s develops, manufactures and distributes missile and turret launchers, mine-clearing systems and radar elevation systems for the defence markets.
		Kvaerner Eureka's operations in the defence markets are based on its foundation within the mechanical engineering sector.
		Kvaerner Eureka manufactured the 30mm gun turret for the Norwegian Army's infantry fighting vehicle supplied by the Swedish company Hägglunds Vehicle (CV90).
	www.army-technology.com /contractors/turrets/kvaerner/index.html (388 words)

	- KVAERNER ASA
		Aker Yards is a multi national shipyard group with 13 yards in Norway, Finland, Germany, Romania and Brazil, including the previous Kvaerner yards in Finland and Germany.
		It is an international shipbuilding group focusing on complex and specialized vessels and is one of Europe‘s largest, and among the world‘s five largest shipbuilders.
		Kvaerner (UK) Ltd is a holding company for among other things, Kvaerner Plc, which in turn owns the operational businesses AK Heavy Engineering in the UK, Kvaerner IMGB in Romania, Ellayess, Inc in the US, and three UK service companies with personnel mainly providing labour services
	www.kvaerner.no (471 words)

	Pravda.RU:Kvaerner's Australian Unit Awarded Woodside Extension (Site not responding. Last check: 2007-10-30)
		Kvaerner announced that its Perth based operations and maintenance specialist unit, Kvaerner Facilities Management (KFM), has been awarded an extension to its existing contract from Woodside Energy Limited.
		KFM, part of Aker Kvaerner, the oil and gas business area of Kvaerner, worked with Woodside to establish the maintenance and engineering systems during the design phase of the FPSO project and now manages and executes this program for Woodside.
		Kvaerner's contribution has been significant in the level of results achieved for the Northern Endeavour since coming on stream in November 1999: First year availability was 96%, a new world benchmark for an FPSO.
	newsfromrussia.com /comp/2002/05/23/29184_.html (367 words)

	WebWire® \| Statoil selects Aker Kvaerner for Mongstad refinery upgrade
		ZOETERMEER, 12 January 2006: Aker Kvaerner has signed a letter of intent with Statoil to provide the engineering, and assistance to Statoil on the procurement and construction management for the upgrade of the group’s Mongstad refinery, north of Bergen, Norway.
		Aker Kvaerner is part of the Aker Group (www.akerasa.com), a leading multi-industry powerhouse with more than 40 000 employees and NOK 60 billion revenues.
		Aker owns 50.01 per cent of Aker Kvaerner, and the group is also a major European shipbuilder and a significant participant in the fisheries industry.
	www.webwire.com /ViewPressRel.asp?aId=7901 (833 words)

	Kvaerner Philadelphia Shipyard [IP Communications/Voice Solutions] - Cisco Systems (Site not responding. Last check: 2007-10-30)
		Founded on a tradition of international shipbuilding excellence, the Kvaerner Philadelphia Shipyard's mission is to revive the shipbuilding culture in Philadelphia.
		Kvaerner Philadelphia Shipyard is a division of Kvaerner, a diversified global business group registered in Norway with operation headquarters in London, UK.
		The shipyard was established with as part of a $243 million project to expand and renovate facilities in the former Philadelphia Naval Shipyard for the manufacture of container and tanker vessels.
	www.cisco.com /en/US/netsol/ns340/ns394/ns165/networking_solutions_customer_profile09186a00800a4e72.html (719 words)

	Kvaerner Selects Digital to Streamline Global Network by Implementing Windows NT and Microsoft Exchange Worldwide
		Kvaerner's Oslo and London offices initially will migrate to Microsoft Exchange under a US $1.17 million contract to be completed by July 1998.
		Kvaerner is known as a demanding IT user that places stringent requirements on its suppliers.
		Kvaerner ASA is the holding company in the global Kvaerner Group.
	www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/2-19-98/419033&EDATE= (673 words)

	The St. Petersburg Times - Business - Yukos Seeks Bigger Stake in Kvaerner (Site not responding. Last check: 2007-10-30)
		Before the Yukos-inspired rally in Kvaerner shares late last week, the price had more than halved in the past month since the group announced an additional share issue and the impending departure of current CEO Kjell Almskog.
		In late September, Kvaerner said it was in a severe cash crunch and needed to raise capital to save itself from bankruptcy.
		Kvaerner said that at the time it intended to make an extraordinary share issue, but on Wednesday, the group said that it expects to complete negotiations soon with its main lenders on loans in order to cover its anticipated short-term liquidity needs this fall.
	www.sptimes.ru /index.php?action_id=2&story_id=5672 (619 words)

	BBC News \| BUSINESS \| Yukos ups its Kvaerner stake
		Yukos and Kvaerner's largest shareholder, Norwegian oil and gas services group Aker Maritime - which holds a 18% stake - may soon be carving up Kvaerner, local press reported.
		Kvaerner may be split under a deal in which Aker buys Kvaerner's oil and gas division and Yukos takes engineering and construction, the Norwegian newspaper Aftenposten reported.
		Kvaerner is trying to refinance its debt and wants to issue up to 2bn Norwegian crowns ($228.1 million) in new shares to help stave off bankruptcy.
	news.bbc.co.uk /1/hi/business/1595139.stm (328 words)

	Performance Audit - Kvaerner-Philadelphia Naval Shipyard Project (Site not responding. Last check: 2007-10-30)
		PSDC failed to monitor Kvaerner’s efforts to maximize the involvement of regional suppliers in the construction of the Shipyard from the outset of the Master Agreement in December 1997.
		Kvaerner was also required to make such infrastructure investments "or other investments beneficial to [Kvaerner]," valued at approximately $12 million per year over the course of the 10-year "Initial Operating Period" beginning on October 1, 2003.
		If Kvaerner were to exercise this escape clause, the sole remedy available to PSDC and the Governmental Parties under the Master Agreement was termination of the Master Agreement and the leases and repossession of the Shipyard.
	www.auditorgen.state.pa.us /Archives/Performance/KvaernerRpt.html (13711 words)

	SignOnSanDiego.com > News > Business -- Aker Kvaerner, IHI win $500 million U.S. LNG job
		Aker Kvaerner shares leapt almost six percent after the milestone in the group's efforts to break into a burgeoning market for LNG terminals in the West.
		The deal, which Aker Kvaerner and IHI share equally, is part of Sempra's $700 million Cameron LNG terminal project near Lake Charles, Louisiana, on the Gulf of Mexico.
		Aker Kvaerner has been working to grab its share of a growing market for LNG projects, hoping to draw on its expertise in concrete offshore oil platforms in the North Sea, and had aimed to clinch a major deal by the end of 2004.
	www.signonsandiego.com /news/business/20050103-0510-energy-kvaerner-louisiana.html (540 words)

	Nov 07 - Aker Kvaerner Deploys Spescom eB for Document Management (Site not responding. Last check: 2007-10-30)
		Aker Kvaerner, a leading global provider of engineering and construction services, technology products and integrated solutions (www.akerkvaerner.com), has completed an evaluation of a series of Information Technology products to form the corporate standards on which it will deploy solutions across its business units and projects into the future.
		Aker Kvaerner is a $5.2 billion company (2004), employing 21,000 people in more than 30 countries.
		Spescom has worked closely with Aker Kvaerner on a number of projects in the UK and Europe, and has developed an understanding of the key information management requirements of an enterprise of this nature.
	www.tenlinks.com /news/PR/Spescom/110705_aker.htm (551 words)

	MNC -- The Birth of a Ship -- News & Events: Press Releases
		The two ship construction project has been underway since 1999 and is part of an overall plan by Aker Kvaerner Yards, the Philadelphia Shipyard Development Corporation (PSDC), the Delaware River Port Authority (DRPA), the Commonwealth of Pennsylvania, and the City of Philadelphia to rebuild the former Philadelphia Naval Yard as a world class commercial shipyard.
		Note to editors: Kvaerner is a world-class international oil services, engineering and construction, and shipbuilding Group, with the capability and resources to undertake the world's most challenging projects.
		Including the yards owned by Kvaerner, the management company Aker Kvaerner Yards AS operate a total of 12 shipyards in Europe (Norway, Finland, Germany and Romania) and one in the USA and Brazil.
	www.matson.com /bos/pr_052902b.shtml (877 words)

	Aker Kvaerner wins boiler and evaporator contracts: News from Aker Kvaerner Pulping
		Kvaerner Power, has been awarded new paper and pulp industry orders totalling EUR 75 million: boilers and evaporators will be supplied to clients in Canada, USA and Sweden
		Kvaerner Power is to deliver a large power boiler using circulating fluidised bed (CFB) technology to a customer in the Southeastern part of the USA.
		The boiler thermal capacity is 300 megawatt (MW) and the main fuels are petroleum coke and bark.
	www.processingtalk.com /news/akv/akv102.html (498 words)

	Power Engineering - Aker Kvaerner spreads green energy production
		Kvaerner Power will deliver a power boiler plant to the European paper, board and packaging company, Kappa Kraftliner AB's mill in Pitea, in Northern Sweden.
		The boiler rebuild by Kvaerner Power will increase the plant's thermal capacity by 50 per cent and will enable it to fire from a range of fuels including demolition wood.
		Kvaerner will update the boiler to burn biofuels with bubbling fluidized bed technology.
	pepei.pennnet.com /Articles/Article_Display.cfm?ARTICLE_ID=226888&p=6 (493 words)

	WebWire® \| Aker Kvaerner awarded major gold mine project
		The previous, largely oxide operation is being expanded to treat primary ore at a rate of approximately 35 million tonnes of ore per annum producing around 850,000 ounces of gold and 200,000 tonnes of copper concentrate per annum.
		The joint venture is a collaborative effort between CMR, and Aker Kvaerner operations in Melbourne, Australia, and Santiago, Chile.
		Tom Quinn, Managing Director of Aker Kvaerner Australia, comments, "This is a great opportunity for CMR and Aker Kvaerner to continue our successful partnership based on leveraging our complementary skills and developing a significant international scale project in Western Australia for major resource clients.
	www.webwire.com /ViewPressRel.asp?aId=12838 (656 words)

	Kvaerner Oil & Gas
		Kvaerner Oil and Gas is one of the world's leading contractors for complete installations and services to the oil and gas industry.
		Kvaerner Oil and Gas has specialist competence in project management and execution, subsea and process technology and products, as well as modification work, maintenance and operation of platforms.
		Kvaerner Oil & Gas is a prominent member of the subsea oil and gas directory.
	www.subsea.org /company/listdetails.asp?companyid=69 (189 words)

	Outokumpu Engineering Enterprises v. Kvaerner Enviropower, Inc. (Delaware 07/10/1996)
		Defendant Kvaerner EnviroPower, AB has moved this Court to dismiss for lack of personal jurisdiction.
		KAS describes KI as "the holding company for all Kvaerner activities in the United States." KAS proposal of November 15, 1993.
		For the reasons stated here, the motion of Kvaerner EnviroPower AB to dismiss for lack of personal jurisdiction is GRANTED.
	www.assetprotectionbook.com /Outokumpu.htm (5175 words)

	Andersen and KPMG missed error at Kvaerner - Accountancy Age
		Andersen, who was Kvaerner's auditor until April 2000, signed off the accounts in 1998 and 1999.
		Although a Kvaerner spokesman said there was no connection between the error and the auditors, he added: 'Clearly this wasn't picked up by Andersen or by KPMG.
		Kvaerner does not expect the error to affect liquidity as £16m of the provisions it had made in 1998-2000 had not been used.
	www.accountancyage.com /accountancyage/news/2028805/andersen-kpmg-missed-error-kvaerner (590 words)

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