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Kvaerner is to relocate its management from London to Oslo, following the recent reorganisation of its UK-based building and civil engineering operations. 02-Oct-2001 Kvaerner is to close its fabrication yard at Methil in Fife next month with the loss of 110 jobs. 04-Jul-2001 Kvaerner is selling its former John Brown engineering works in Clydebank to Texas Group, the Manchester-based conglomerate that specialises in the regeneration of industrial sites. 24-May-2001 Kvaerner Energy is to close its gas turbine equipment factory in Clydebank with the loss of 200 jobs. 17-Nov-2000 Kvaerner is selling its building and civil engineering operations to Skanska of Sweden for £356m, and the deal will include about 5,000 employees in its UK construction business. 30-Aug-2000 Kvaerner has acquired Whessoe International of Darlington, in order to offer total capability in the design and construction of liquid natural gas facilities. 02-Jun-2000 Kvaerner has sold Cleveland Bridge, its Darlington-based bridge building business, to a management buy-out for about £8m. 01-Jun-2000 Kvaerner is planning to close its field development workshop at Wilton with the loss of 138 jobs, due to a lack of orders. 29-Mar-2000 Kvaerner has completed the sale of the Govan shipyard to BAe Systems, saving 1,000 jobs, and discussions are now underway to save 700 jobs at the Kvaerner Energy Plant in Clydebank. 16-Dec-1999 Kvaerner is negotiating a management buy-out for its fabrication and bridge building business, which includes operations in Darlington, Malaysia and the United Arab Emirates. 11-Oct-1999 Kvaerner has won a £28m contract to refurbish the Brighton Dome and Museum, due for completion in May 2001. 08-Oct-1999 Kvaerner is to cut 3,000 of the 14,000 jobs in its oil and gas business, which will affect workers in both the UK and Norway. 01-Sep-1999 Kvaerner is to cut 90 jobs at its Cleveland Bridge division in Darlington and 95 at Kvaerner Metals Manufacturing in Sheffield. 19-Aug-1999 Kvaerner is selling most of its UK metals manufacturing business to Union Electric Steel of the US for £15m, but will retain its Sheffield production facilities. 04-Aug-1999 Kvaerner is to sell the fixed assets and goodwill of the Govan shipyard on the Clyde to Marconi Electronic Systems for £2.2m, and Marconi will transfer work on two Royal Navy contracts from Barrow-in-Furness. 16-Jul-1999 Kvaerner is cutting up to 30 of the 650 jobs at its Whiteley and Port Solent sites in Hampshire, due to a reorganisation. 09-Jul-1999 Kvaerner is issuing redundancy notices to 250 workers as no buyer has yet been found for its Govan shipyard. 06-Jul-1999 Kvaerner is close to agreeing the sale of its Kvaerner Metals business in Sheffield, which supplies processing equipment to steel plants and employs 700 people. 07-May-1999 GEC has expressed an interest in transferring work from its Marconi Marine shipyard in Barrow to the Kvaerner Govan yard in Glasgow, on the condition that the Govan yard is in secure hands. 30-Apr-1999 Kvaerner is planning to withdraw from shipbuilding with the loss of up to 25,000 jobs, and it aims to sell the Govan yard, the Cleveland Bridge operation at Darlington, and Davy Roll in Gateshead and Sheffield. 14-Apr-1999 Kvaerner is said to be preparing to put its Govan shipyard in Glasgow up for sale, as part of a major reorganisation that could also affect other sites in Scotland. 10-Apr-1999 Kvaerner has won a $38m contract to strengthen and widen the Tamar Bridge in Plymouth. 07-Apr-1999 Kvaerner has sold Heavylift Group, the Essex-based cargo airline and aircraft maintenance group, to a management team for £15m. 26-Mar-1999 Kvaerner Engineering & Construction is to develop new steel making technology in partnership with the HIsmelt Corporation, which will help to secure the 550 jobs at its Stockton site. 05-Mar-1999 Kvaerner has opened a £10m technology centre in Stockton on Tees to improve research and development in chemical manufacturing processes, and it will employ up to 125 staff. 01-Mar-1999 The Ministry of Defence has awarded a contract worth up to £500m to a consortium that includes Amey, Kvaerner and Hyder for the redevelopment and maintenance of its Whitehall headquarters. 09-Jan-1999 Kvaerner has announced plans to focus its oil and gas business on the hi-tech end of the market, providing technology for floating production, underwater production, and deepwater drilling. 31-Dec-1998 Kvaerner's UK subsidiary has won a £100m contract to build a North Sea platform for Texaco, and up to 600 workers could be employed on the project. 24-Nov-1998 Kvaerner is cutting 75 jobs at its Clydebank operation, and warned its 790 workers that more cuts could follow. 07-Nov-1998 Kvaerner Process has opened a £10m technology centre at Teesdale, Thornaby, which will focus on improving chemical manufacturing processes for its clients. 23-Oct-1998 Kvaerner is to combine its engineering and construction activities into a single division called Engineering & Construction, with sales of £2.3bn. 10-Sep-1998 Dolphin Telecommunications has awarded a £6m contract to Kvaerner Construction for the installation of a new network of digital communication stations across the UK. 26-Aug-1998 Kvaerner Construction has won a £125m private finance initiative contract to design, build and operate the 571-bed Greenwich Hospital in London, which should become fully operational in 2001. 07-Jul-1998 Zeneca and Kvaerner are linking up with the Eversheds law firm to examine the possibility of launching the first pan-European pension fund, which they say has now become feasible following a recent ruling by the European Court of Justice. 26-May-1998 Carnival Corporation of the US is to buy the Cunard luxury cruise business from Kvaerner for £300m. 04-Apr-1998 Prudential has withdrawn its £240m attempt to buy the Cunard cruise line from Kvaerner, as it believes that other parties have come in with higher bids. 14-Mar-1998 Kvaerner has indicated that it may sell the Cunard cruise business later this year, in order to focus on building ships rather than operating them. 25-Feb-1998 Kvaerner of Norway is looking to revive the Eurorail consortium to take on the construction of the high speed Channel Tunnel rail link, following the problems being experienced by London & Continental Railways. 05-Feb-1998 Kvaerner Govan is to shed 100 jobs at its Glasgow shipyard by the end of the year. 19-Nov-1997 Kvaerner, the Anglo-Norwegian group, is discussing the acquisition of Philadelphia Naval Shipyard, with the intention of converting it into a facility for producing commercial tankers and creating up to 6,000 jobs. 20-Oct-1997 Kvaerner has sold its 26% stake in Amec, the construction group, to institutions and other investors, making a profit of £22m. 16-May-1997 Kvaerner Energy is to cut 137 jobs at its thermal power division at Clydebank due to overcapacity in the gas turbine market. 01-May-1997 Cleveland Structural Engineering, the Kvaerner subsidiary, has won a £100m contract to build the longest bridge in China - a 1.4km road bridge over the Yangtze river in Jiangsu province. 04-Nov-1996 Hewden Stuart, the construction equipment company, is acquiring Agent Plant from Kvaerner Construction for £9.4m. 29-Oct-1996 Kvaerner has unveiled plans to build the £400m 1,265ft Millennium Tower in the City of London, which will be Europe's tallest skyscraper. 10-Sep-1996 Kvaerner of Norway is looking for a partner for the lossmaking Cunard cruise line business, which was acquired when it took over Trafalgar House earlier this year. 24-Aug-1996 Kvaerner of Norway has said it will drop the Trafalgar House name from its recently acquired engineering, construction and shipping business, with the general construction operation to be called Kvaerner Construction and the John Brown engineering business to be called Kvaerner John Brown. 12-Jul-1996 Amec has decided against selling its Fairclough Homes housebuilding operation, which was a possibility when it was fighting off a bid from Kvaerner last year. 12-Apr-1996 Trafalgar House has agreed to a £904m takeover by Kvaerner of Norway. 05-Mar-1996 Kvaerner has been defeated in its attempt to acquire Amec, and must now decide what to do with its 26% stake. 19-Dec-1995 Kvaerner of Norway has now launched a hostile 100p a share bid for Amec. 28-Nov-1995 Kvaerner of Norway has bought a 10% stake in Amec, which is in merger talks with Alfred McAlpine. 24-Nov-1995
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