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…
First steel cut on two supply vessels for Russia's Lukoil has started at Keppel Nantong Shipyard Co.'s yard in Nantong on 18 June. The two Russian Maritime Register of Shipping (RS) class vessels have been designed to supply resources…
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…
Finnish government-owned investment company, Finnish Industry Investment Ltd, has acquired a 66.4% stake in Aker Arctic Technology Oy (Aker Arctic) from STX Finland Oy. Aker Arctic is a leading company in Arctic marine logistics and offshore solutions…
Plans for arctic exploration and development continue apace—but will there be resources available? Elaine Maslin reports. The size of the arctic offshore challenge is significant, both in scale and complexity, with relatively little activity carried out to date…
Over recent months, IHC Merwede’s Offshore Division has been successful in securing orders for the design, engineering and construction of a total of 10 pipe-laying vessels. These vessels will be built in the covered hall at the IHC Krimpen facility…
Finnish firms Navis Engineering Oy and Aker Arctic Technology Inc have signed a scientific and technical co-operation agreement covering the joint development of technology for dynamic positioning (DP) systems for icebreakers and ice-class vessels…
More needs to be done to develop Russian subsea production capabilities in order to develop hydrocarbon resources in Russia’s arctic seas, SPE Arctic & Extreme heard in Moscow yesterday. According Gazprom, there is an estimated 21-46Billion tons of oil and 36…
The offshore market is becoming of increasing importance to Finnish suppliers, partly because of the current downturn in traditional shipbuilding orders. Finnish companies have a wealth of offshore-related niche expertise from ice management to automatic welding for shipyards…
With construction underway on the first ever Oblique Icebreaker, research specialist Aker Arctic Technology has unveiled a new version of a unique vessel type that will bring ice management and pollution control in thick, first-year ice to a new level…
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…
A decade after acquiring Kvaerner, Aker Solutions is preparing a demerger that will spin the company off as a separate, fully fledged EPC contractor – with concrete gravity base structures (GBS) very much on its agenda.Legacy company Norwegian…
Newly published Polar class vessel rules from French classification society Bureau Veritas are aimed at speeding Arctic and Caspian Sea oil and gas development by facilitating the building of tank, cargo and offshore service vessels which can operate unsupported by icebreakers in very heavy ice…
