Aker Solutions ASA

Aker Solutions today publishes its annual report, remuneration report and corporate governance report for 2024. The reports are attached and also available on https://akersolutions.com/annual-reports and https://akersolutions.com/corporate-governance. Aker Solutions has also published its annual financial statements in European Single Electronic Format , available as an attachment to this release. CONTACT: Preben Ørbeck [...]

FORNEBU, Norway, March 4, 2025 /PRNewswire/ -- Akastor ASA's subsidiary DDW Offshore AS has entered into a binding agreement to sell "Skandi Peregrino" for a purchase price of USD 25 million, which today has become firm. The agreement is entered into on Saleform 2012 terms, suitably amended, and completion is conditional on charterer's consent. The agreement is expected to be completed in Q2 2025 whereby about USD 10 [...]

FORNEBU, Norway, Feb. 13, 2025 /PRNewswire/ -- Fourth Quarter Highlights: Net capital employed increased by NOK 0.2 billion during the quarter, reaching NOK 5.0 billion. Equity stood at NOK 5.9 billion at quarter-end, equivalent to NOK 21.4 per share, up from NOK 20.4 per share last quarter. HMH reported an adjusted EBITDA of USD 47 million for the quarter, bringing the full-year 2024 figure to USD 168 million [...]

FORNEBU, Norway, Feb. 12, 2025 /PRNewswire/ -- Reference is made to the press release dated 14 January 2025 regarding the agreement in which Akastor ASA transfers 8.3% of the shares in AKOFS Offshore AS to Mitsui O.S.K. Lines, Ltd. . The transfer has now been completed in accordance with the agreed terms, whereby Akastor and MOL now control 2/3 and 1/3 of the shares in AKOFS Offshore, respectively. For further [...]

Aker Solutions delivered strong revenue growth with improved margins in 2024. The order backlog remains solid at NOK 61 billion and the tender pipeline grew to about NOK 86 billion at year end. Revenues in 2025 are expected to be around NOK 50 to 55 billion with EBITDA margins of 7.0 to 7.5 percent, excluding net income from OneSubsea. In addition, OneSubsea, where Aker Solutions owns 20 percent, has an ambition to [...]

Aker Solutions has signed a significant1 contract with Dragados Offshore to deliver the steel substructure for the 2GW HVDC converter station for the BalWin1 offshore wind grid connection system in Germany, for Amprion Offshore GmbH. The contract also includes an option for the BalWin 2 steel substructure. Each of the BalWin 1 and BalWin 2 grid connection systems consist of a 2.0 Gigawatt HVDC offshore and onshore [...]

Akastor ASA invites investors and analysts to a webcast presentation of the fourth quarter 2024 financial results on Thursday, 13 February 2025. Date and time: Thursday, 13 February 2025, at 16:30 CET Please note the updated time for this quarter's presentation. Presenters: Akastor: Karl Erik Kjelstad, CEO, and Øyvind Paaske, CFO HMH: Thomas McGee, CFO, and David Bratton, SVP FP&A and Operational Finance Link to webcast [...]

Aker Solutions has been selected as the preferred supplier for a project within the carbon capture and storage value chain.  Aker Solutions' scope of work includes engineering, procurement, and construction. The contract award is conditional upon the client's final investment decision and necessary governmental approvals. Following the final award, Aker Solutions expects to book a significant1 contract as order intake in [...]

Aker Solutions and SLB Capturi have been awarded a contract for the carbon capture and storage solution at Hafslund Celsio's waste-to-energy plant in Oslo, Norway. The contract will deliver a carbon capture plant, a liquefaction system, temporary storage, and loading facility at the waste incineration site. It also includes an intermediate CO2 storage and ship loading system at Oslo harbour. The project is an important [...]

Aker Solutions, in a consortium with Siemens Energy, has reached an important milestone by receiving the full notice to proceed from RWE for the Norfolk Vanguard West and East offshore wind farms. The Norfolk Vanguard West and East represent the first phase of RWE's Norfolk Offshore Wind Zone, which also includes the Norfolk Boreas developments. Once complete, the Norfolk Offshore Wind Zone will produce enough renewable [...]