Aker Solutions Eyeing Acquisitions

February 11, 2019

(Photo: Aker Solutions)
(Photo: Aker Solutions)

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)



Current News

Gas Price Windfall Makes Gazprom Patient Over Nord Stream 2 Delay

Gas Price Windfall Makes Gazprom Patient Over Nord Stream 2 Delay

Carbon Transition in Utsira Multi-Client Seismic Data Deal

Carbon Transition in Utsira Multi-Client Seismic Data Deal

'Repeat Customer' Taps Magseis Fairfield for Gulf of Mexico OBN Survey

'Repeat Customer' Taps Magseis Fairfield for Gulf of Mexico OBN Survey

3i to Assume Full Control Over Danish Offshore Vessel Owner ESVAGT

3i to Assume Full Control Over Danish Offshore Vessel Owner ESVAGT

Subscribe for OE Digital E‑News

Offshore Engineer Magazine