Nov 19 (Reuters) - Akva Group ASA AKVA.OL :
* REG-AKVA GROUP ASA: POTENTIAL NEW LAND BASED PROJECT
* HAS SIGNED AN ENGINEERING AND DESIGN CONTRACT WITH SWEDISH
COMPANY PREMIUM SVENSK LAX
* IS CHOSEN AS PREFERRED SUPPLIER AND FINAL DELIVERY
CONTRACT, IF
AWARDED, HAS A VALUE OF APPROX. EUR 95 MILLION
* AKVA'S EQUITY PARTICIPATION IN PROJECT UP TO NOK 30
MILLION IS
SUBJECT TO PSL OBTAINING NECESSARY FINANCING FOR PROJECT AND
AGREEMENT ON A FINAL DELIVERY CONTRACT
Source text for Eikon: ID:nGNE890LL3
Further company coverage: AKVA.OL
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