Norway, March 17 -- The Norwegian Public Roads Administration has nominated Veidekke to build the second phase of the E134 Oslofjordforbindelsen road and tunnel project. Following negotiations, Veidekke's offer was assessed as the best based on the tender criteria of price, quality and environmental performance.The project involves expanding the existing road from two to four lanes along the 14-kilometre stretch between the municipalities of Frogn and Asker in Akershus county, including construction of a new bore for the Oslofjord tunnel. The contract is valued at approximately NOK 5.4 billion excluding VAT, with an estimated construction period of seven years.The standstill period expires on 27 March 2026, after which the contract will be ...