Kvaerner appoints Executive Vice President for International operations

[B][FONT=arial]3 October 2011 - Kvaerner has appointed Tony Allen as Executive Vice President for its International business area. As one of the world’s leading contractors for new offshore platforms and onshore facilities, Kvaerner has stated clear growth ambitions in selected regions around the world. Tony Allen will have an important role in this strategy, and brings with him extensive experience and demonstrated results from previous international top management positions in the oil and gas industry.

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[FONT=arial]Tony Allen has more than 30 years of industry experience and has been part of the corporate management with several of the leading EPC contractors for the oil and gas industry, including SNC-Lavalin Inc., Humphries & Glasgow and Earl and Wright. He also worked as a Project Manager and Technical Director for Kvaerner in the 1990s.

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[FONT=arial]“We are pleased that we now have in place a manager with extensive experience within this area, and who will be able to further develop our international operations in line with our ambitions”, says Jan Arve Haugan, President & CEO for Kvaerner.[/FONT]
[FONT=arial]Mr. Allen is a British citizen, with hands-on experience from work in several different countries. He has a track record as a manager for several of the world’s most demanding projects, including working with offshore developments and other projects in South East Asia, Africa, the North Sea, South and North America. Allen holds a B.Sc. degree and is a Chartered Engineer.

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[FONT=arial]“I am excited about joining Kvaerner”, said Tony Allen. “This organisation has been specifically established to serve the growing offshore and onshore market. The strategic position that Kvaerner has taken as a specialist contractor delivering the most demanding projects around the world is impressive. Few contractors have such an extensive track record to tackle such assignments”.

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[FONT=arial]Tony Allen will take up his new position on 3 October and will be based at Kvaerner’s central London office.[/FONT]