The Anglo-Norwegian group KVAERNER has concluded an agreement of principle with the Russian oil group YUKOS in order to sell, for the sum of $100 million, the hydrocarbon business of its KVAERNER OIL AND GAS division (engineering) and KVAERNER PROCESS TECHNOLOGY (research and development, industrial processes), which employs 375 in the United Kingdom, in Switzerland, France and Italy. See EI of 19 October.