Aker Solutions and Baker Hughes Incorporated have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates, and reduce costs for subsea fields. The non-incorporated alliance…
Finnish government-owned investment company, Finnish Industry Investment Ltd, has acquired a 66.4% stake in Aker Arctic Technology Oy (Aker Arctic) from STX Finland Oy. Aker Arctic is a leading company in Arctic marine logistics and offshore solutions…
Finnish firms Navis Engineering Oy and Aker Arctic Technology Inc have signed a scientific and technical co-operation agreement covering the joint development of technology for dynamic positioning (DP) systems for icebreakers and ice-class vessels…
Aker Solutions acquired Glasgow, Scotland-based International Design Engineering And Services Ltd. (I.D.E.A.S.), an engineering company that has developed software and technology to improve the quality and accuracy of integrity and life time analysis for oil and gas assets…
Glasgow, Scotland-based I.D.E.A.S. has developed software and technology that improves the quality and accuracy of integrity and life time analysis for oil and gas assets. The analysis can be applied in all phases of the development of an installation…
Aker Solutions has won a contract worth up to US440 million to deliver the subsea production system for an oil field development in the UK North Sea. The delivery includes 25 subsea trees and six template manifolds as well as associated controls…
A new era is developing in subsea aftermarket service provision offshore Norway – one which is expected to set global standards. In 2010 production from subsea wells on the Norwegian Continental Shelf (NCS) outstripped production from surface wells for the first time…
Olso-based Aker Solutions and Houston-based FMC Technologies Inc. have both announced today major subsea contract deals with Petrobras in connection with the Brazilian NOC's pre-salt fields.(Image: Aker Solutions)Aker Solutions signed a new…
Aker Solutions, the international oil services provider, has received a Letter of Award from Total for the delivery of a subsea production system for the Moho Nord project in the Republic of the Congo. The contract value is approximately NOK 4…
Aker takes majority stake in Enovate SystemsEnovateAker Solutions has agreed to acquire a majority stake in Aberdeen-based Enovate Systems Limited - a leading technology company within subsea well control equipment. The financial details of the acquisition are undisclosed…
Aker Solutions is opening an engineering office in the northeast of England. The company’s drilling technologies business will be the main beneficiary of the expanded Stockton-on-Tees presence.
Aker Solutions is strengthening its presence in northern Norway with the acquisition of Sandnessjøen Engineering, which has for 20 years supplied engineering and project management services to the oil & gas and construction industries in the Sandnessjøen area…
Aker Solutions plans to establish a large engineering office in Tromsø as part of the company’s strategy to increase its footprint in the northern regions of Norway. The company is already building up a subsea service base in Hammerfest to support the Goliat subsea field development…
The subsea gas compression system for Norway's Ormen Lange subsea compression pilot is about to start a six-month endurance test which will last until June 2012, Aker Solutions project director Øystein Haukvik revealed last month at the opening of his company's new engineering office in west London…
A commercial version of a subsea booster designed to improve production of fluids containing both liquid and free gas is expected to be made available next year by Aker Solutions and its JIP partners. Jennifer Pallanich talks to Aker's Christian…