Norwegian energy services giant Aker Solutions on Tuesday completed its previously announced merger with compatriot Kvaerner, and has pledged that the new company would work on speeding up the transition to sustainable energy production.'It…
Norwegian offshore engineering and equipment provider Aker Solutions reported a drop in revenue in the third quarter of 2020, but its net profit rose. Aker Solutions' result received a one-off boost from the listing of carbon capture and offshore wind spinoffs…
Lundin Energy, a Swedish oil and gas company with operations in Norway, has hired the Norwegian engineering and construction giant Aker Solutions to help it electrify its Edvard Grieg offshore oil platform in the North Sea.Under the contract…
Norwegian offshore services provider Aker Solutions has been awarded a three-year extension to an existing framework agreement for work at North Sea fields operated by U.S. oil firm ConocoPhillips.Aker Solutions will remain ConocoPhillips'…
Petronas Research, a subsidiary of the Malaysian oil and gas giant Petronas, has joined a joint industry project to develop and test a low-cost, topside-less subsea multiphase pump.The company has signed a contract with FASTsubsea, a joint venture between Aker Solutions and FSubsea…
Norwegian oilfield services company Aker Solutions has won a contract extension from ExxonMobil for the provision of engineering, procurement, and construction (EPC) services for the Hebron platform, offshore Newfoundland, Canada.The Hebron oil field is located offshore Newfoundland and Labrador…
Norwegian offshore energy services provider Aker Solutions will spin off its wind development business and the carbon capture technology business in two separate firms, ahead of the proposed merger with engineering and construction firm Kvaerner…
Norwegian oil company Aker BP has awarded an offshore maintenance and modification contract worth around $175,5 million to its compatriot offshore services provider Aker Solutions.The contract is for two years and is for maintenance and modification services at Aker BP's Ula…
Norwegian engineering company Aker Solutions been awarded a letter of intent from Equinor for the delivery of a subsea system for the Breidablikk project in the North Sea, offshore Norway.Subject to the final contract award, Aker Solutions will deliver a complete subsea production system…
PG Flow Solutions has won a contract to supply pump systems for AKER BP's normally unmanned wellhead platform to be used at the planned Hod field development in the North Sea, offshore Norway.Aker BP last week made the final investment decision for the Hod project…
Norwegian offshore engineering company Aker Solutions has said its Chief Financial Officer Ole Martin Grimsrud will resign in September.Aker Solutions said Tuesday that Grimsrud had given notice that 'he will leave the company September 1, 2020…
Singapore-based offshore rig builder Keppel Offshore & Marine has partnered up with Energy Market Authority (EMA) to develop energy solutions in the areas of distributed energy resources, digitalization and emerging low carbon alternatives.As part of the $10 million partnership…
Norwegian offshore engineering and construction company Aker Solutions, in a joint venture with Brunei-based PTAS, has signed a five-year agreement to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP).According to Aker Solutions…
International marine technology group Kongsberg Gruppen and Zero environmental foundation signed a three-year collaboration agreement.The main intentions of the collaboration are to create increased momentum in the shift to renewable and emission-free solutions…
Finland’s technology group Wärtsilä has introduced an agreement-based power solution for new normally unattended offshore installations (NUIs).The provider of power solutions for the marine and offshore energy markets said that the solution…
