Aker Solutions reports Q4 2018 revenue of $813 million, an 8% rise compared to Q4 2017 powered by “significant international awards in a competitive, but improving market.” In total, order intake for the quarter was $615.6 million, leaving the company with an order backlog of more than $4 billion…
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…
Norwegian oil industry-focused investment firm Aker still sees mergers and acquisitions opportunities for its oil service firms, including Aker Solutions, its chief executive said on Thursday.Oeyvind Eriksen also told Reuters its independent oil firm Aker BP…
The global engineering company based in Oslo Aker Solutions announced that it will provide engineering services for BP’s Clair South project in the UK North Sea.The pre-FEED (Front End Engineering and Design) contract, which was awarded in September…
Norwegian oil company Aker said on Thursday that its exploration start-up in Ghana will submit development plans to Ghanaian authorities in March and the parent will then decide whether to sell stakes via an initial public offering or other means…
Kvaerner and Aker Solutions on Thursday cut the first steel plate for the second phase of the Johan Sverdrup offshore field development, kicking off Norway’s largest industrial project in three decades.The two Norwegian engineering firms have been working in a 50/50 joint venture under a NOK 3…
Siemens and Aker Solutions have agreed to further develop digital offerings in engineering, operations and services.The collaboration agreement, which builds on a long-standing relationship, focuses on the creation of software applications and…
The newly formed exploration and production (E&P) company Vår Energi is progressing the redevelopment of the Balder and Ringhorne area offshore Norway and a FEED contract for the Jotun FPSO life extension has now been signed with Aker Solutions…
Norwegian oil services firm Aker Solutions Aker Solutions received a notification of award for orders valued at more than NOK 1.7 billion (USD 210m) from the China National Offshore Oil Corporation (CNOOC) to provide the subsea production system and umbilicals for the Lingshui 17-2 gas field…
Equinor has received government approval for its plan to boost output and extend the lifetime of Troll, Norway's largest oil and gas field, the company said on Friday.The field accounts for about 40 percent of the natural gas reserves on the…
A range of cutting-edge technologies, including specialized drilling equipment, custom subsea systems and purpose built floating production storage and offloading (FPSO) units, help Brazilian national operator Petrobras and its partners tackle…
Aker Solutions has signed a strategic, global collaboration agreement with Equinor to ensure mutual and continuous improvement on current and future subsea projects within the domains of safety, quality, technology, execution and cost.'Aker…
Petrobras has awarded Aker Solutions a contract to provide maintenance and modifications services for nine platforms at oil and gas fields in the Campos Basin offshore Brazil.The Campos Basin extends approximately 100,000 square kilometers.…
Aker Solutions said it has secured an order from Petrobras to provide a subsea production system and related services for the Mero 1 project, the first full production project within the major Mero field development, one of the largest oil discoveries in Brazil's pre-salt area…
Equinor announced Tuesday a new gas module has been put on stream on Troll B, boosting the oil production and processing capacity on the Troll field in the Norwegian sector of the North Sea.“Troll is an exceptional oil and gas field globally…
Subscribe
