Aker Solutions completed the acquisition of 70% of Brazilian CSE Mecânica e Instrumentação Ltda. The agreement includes an option for Aker Solutions to purchase the remaining 30% of the company three years from now. The acquisition…
Aker BP has completed the integration after the merger between Det norske oljeselskap and BP Norway. Aker BP now operates as one organization with considerable ambitions on the Norwegian Continental Shelf. “Aker BP has been through extensive integration work since we announced the merger…
Aker Solutions is reducing its Norwegian workforce by as many as 600 positions as the company takes necessary measures to strengthen the organization and boost competitiveness amid a continued market slowdown. Image from Aker…
Aker Solutions suffered a disappointing loss to competitors in Statoil awards that will see the oil services company lose up to US$69 million in revenue, undergo workforce reductions, and an organizational restructure of its maintenance, modifications…
Aker Solutions and Fjords Processing have formed WellSep, an alliance to develop technology and capabilities for advanced wellstream separation and treatment solutions for the subsea and topside oil and gas industry. The alliance…
Kleven’s Myklebust Verft signed a contract with Ocean Yield ASA for modifications of the Aker Wayfarer vessel to become a deepwater subsea equipment support vessel (SESV). The Aker Wayfarer. From Aker Solutions…
Petrobras awarded Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) a US$465 million contract to provide subsea intervention services offshore Brazil. The five-year contract slated to begin in 4Q 2016 is for the Aker Wayfarer subsea construction vessel…
Aker Solutions and Baker Hughes Inc. received necessary regulatory approvals for the Subsea Production Alliance announced in April 2014. The two companies agreed to form the alliance a few months ago develop technology for production solutions designed to boost output…
A slowdown in the Norwegian maintenance and modifications (MMO) market has led Aker Solutions to seek alternative work for more than 200 staff at the business. About 100 engineers are to be transfered to a new subsea engineering hub in Stavanger…
Aker Solutions' subsidiary Aker Oilfield Services was notified by Total in Angola of the termination of a US$250 million, two-year contract for the Skandi Aker vessel. Skandi Aker started operations as a well-intervention vessel for the first time in September last year…
Aker Solutions is to split into two separate companies to speed up a bid to reduce costs via streamlining and 'better position' the business in an increasingly competitive global energy industry. The subsea, umbilicals, engineering and maintenance…
Contract covers Talisman Sinopec brownfieldsTroll C LPP module leaving Egersund (Photo: Aker Solutions)Aker Solutions has secured an important five-year frame agreement for the execution of contracts across Talisman Sinopec Energy UK Ltd's brownfield projects on the UK continental shelf…
AKCS coup furthers Aker's Canadian expansionAker Solutions strengthens its commitment to the Canadian oil and gas market through taking full ownership of Newfoundland and Labrador-based AKCS Offshore Partner.'The buy-out will support…
Aker Solutions wins topside modifications jobGullfaks A (Photo: Øyvind Hagen / Statoil)Statoil has awarded Aker Solutions a topside modification contract worth US $32.2 million (NOK 180 million) for its Gullfaks South field off Norway, Aker announced on 28 December 2012…
Aker Solutions plans to purchase Canadian asset integrity management (AIM) company Thurm Energy, the company announced on 22 November 2012.The financial details were undisclosed; however, Aker said the acquisition will grow its AIM portfolio and boost its presence in the Atlantic Canada market…
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