IKM Group Acquires Acona

Published

CEO Ståle Kyllingstad, IKM Gruppen and Chairman of the Board, Peder Sortland, Acona AS.
Photo by: Silje Nyman, IKM.
CEO Ståle Kyllingstad, IKM Gruppen and Chairman of the Board, Peder Sortland, Acona AS. Photo by: Silje Nyman, IKM.

Norway's IKM Group said Wednesday it has acquired 100% shares in the Norwegian offshore oil and gas consultancy Acona.

Acona provides services within Well Management and Engineering, Environmental & HSEQ&Risk Services, Field Development, and Consultancy Services.

The company has more than 100 personnel, located in Stavanger and Oslo. Turnover for 2019 was approximately 260 million NOK (USD 27,8 million).

IKM Group, which employs about 2.500 persons within 45 companies in 12 regions, said that Acona added complementary services to several IKM companies, such as IKM Ocean Design, a service provider within the development and design of offshore subsea fields, and IKM Consultants, a consultancy company. 

The company will be named IKM Acona AS. The terms of the acquisition were not disclosed.

Current News

Equinor’s First Hybrid Power Complex Starts Operations

Equinor’s First Hybrid Power C

Ocean Winds Hires Seaway7 for Offshore Wind Job in Poland

Ocean Winds Hires Seaway7 for

Oman’s Block 50 Offshore Drilling to Advance After $25M Funding Raise

Oman’s Block 50 Offshore Drill

Vissim to Provide Vessel Collision Avoidance System for Qatari Offshore Field

Vissim to Provide Vessel Colli

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine