We helped Kvaerner secure this award in arbitration proceedings against Foster Wheeler North America Corporation. The arbitration award brings to a close the claims arising out of the design and construction of the Longview Power Plant. Through settlements and the arbitration award, Kvaerner will recover more than $126 million. According to Dorsey partner Jocelyn Knoll “Our client is relieved that after more than four years of protracted litigation it can close the Longview chapter. Kvaerner is proud of its work on the Longview plant.”
Kvaerner ASA wins $74 million arbitration award
NORWAY-BASED KVAERNER IS A LEADING PROVIDER OF ENGINEERING, PROCUREMENT AND CONSTRUCTION SERVICES FOR OIL AND GAS PRODUCTION AROUND THE WORLD.