aker solutions

Aker Solutions‘ revenue rose 14 percent to NOK 8.5 billion in the first quarter of 2015 from a year earlier, boosted by progress on major projects from Angola to Brazil and Norway. Earnings before interest and taxes (EBIT) fell 22 percent to NOK 409 million in the quarter from a …

Aker Solutions and Fjords Processing have formed an alliance to develop technology and capabilities for advanced, cost-effective wellstream separation and treatment solutions for the subsea and topside oil and gas industry. The WellSep alliance will apply Aker Solutions’ subsea processing experience and testing facilities and Fjords’ topside and onshore separation …

Aker Solutions today presents five strategic objectives after splitting in two in September last year to better position all parts of the business and meet the needs of customers. The company, which meets today with investors in London, will build on its strengths in key subsea and field design markets …

Aker Solutions delivered the key subsea component for the system being developed by Marine Well Containment Company to limit environmental risks from oil and gas production in the U.S. Gulf of Mexico. The Subsea Containment Assembly, or SCA, is designed to contain a well-control incident by connecting and creating a …

Aker Solutions revenue rose 21 percent to NOK 9.2 billion in the fourth quarter of 2014 from a year earlier, helped by strong progress on major projects across the global business. Earnings before interest and taxes (EBIT) climbed to NOK 557 million in the quarter from NOK 486 million a …

Aker Solutions today started trading on the Oslo stock exchange as a leaner and more streamlined company that will build on its strengths in the subsea and field design markets. The company emerges after a spin-off of the Subsea, Umbilicals, Engineering and Maintenance, Modifications and Operations (MMO) businesses of the …

Earlier this year, Aker Solutions and Baker Hughes agreed to form an alliance to develop technology for production solutions designed to boost output, increase recovery rates and reduce costs for subsea fields. The alliance combines Aker Solutions’ strengths in subsea production and processing systems with Baker Hughes’ expertise in well …

Aker Solutions is providing updated unaudited financial information for the two companies – the new Aker Solutions and Akastor – that will be formed following the split of the business at the end of September. Previous pro forma financial information was disclosed in the information memorandum of July 11, 2014, and …

The board of directors of Aker Solutions ASA has in accordance with the strategy disclosed April 30 resolved to propose to the company’s shareholders that Aker Solutions be split into two companies. The board has also determined to write down the value of some assets in the Aker Oilfield Services …

Aker Solutions will split into two companies to speed up a streamlining process that will reduce costs and better position all parts of the group to meet the needs of customers in an increasingly competitive global energy industry. The Subsea, Umbilicals, Engineering and Maintenance, Modifications and Operations (MMO) areas will …