Aker Solutions Eyeing Acquisitions

Monday, February 11, 2019

Oil services firm Aker Solutions is considering whether to make acquisitions to boost its business, Chief Executive Luis Araujo told Reuters.

"We are confident that we can go alone, but if opportunities appear to bring more value to our shareholders we will consider that," Araujo said on the sidelines of the Norwegian company's fourth-quarter earnings presentation on Friday.

"Now when the market is picking up, there might be more consolidation," he added.


(Reporting by Nerijus Adomaitis, writing by Terje Solsvik, editing by Gwladys Fouche)

Categories: Mergers & Acquisitions Industry News

Related Stories

SeaBird Exploration Signs Contract Extension for Seismic Research Vessel

Hungary’s MOL Forms Strategic Oil Partnership with Libya’s NOC

Tidal Transit Welcomes New CTV to its Offshore Wind Fleet

Current News

SeaBird Exploration Signs Contract Extension for Seismic Research Vessel

HSI Rolls Out Zingst Offshore Substation Topside for German TSO

Hungary’s MOL Forms Strategic Oil Partnership with Libya’s NOC

Tidal Transit Welcomes New CTV to its Offshore Wind Fleet

Subscribe for OE Digital E‑News