Aker Solutions ASA

LYSAKER, Norway, Oct. 3, 2022 /PRNewswire/ -- Aker Solutions, in a consortium with Siemens Energy, has been awarded a limited notice to proceed contract from Vattenfall for the Norfolk Boreas offshore wind project off the coast of Norfolk, UK. For the project, Aker Solutions and Siemens Energy will provide the grid connection infrastructure for the Norfolk Boreas Offshore Wind Farm. This includes the engineering [...]

FORNEBU, Norway, Sept. 27, 2022 /PRNewswire/ -- Akastor ASA's subsidiary DDW Offshore AS has been awarded a firm 1 year contract by Petrofac for the AHTS vessel Skandi Atlantic. The AHTS will support the disconnection of the FPSO "Northern Endeavour" together with towing and well isolations work in the Laminaria Corallina oil fields in the West Timor Sea. The contract start date is as from today, September 27th, 2022. DDW [...]

Aker Solutions ASA, Schlumberger and Subsea 7 have entered into agreements to form a Joint Venture to deliver a step change in subsea production economics by helping customers unlock reserves, reduce time to first oil and lower development costs while simultaneously delivering on their decarbonization objectives. Aker Solutions and Schlumberger will contribute their subsea businesses into the JV which following the [...]

Aker Solutions has been awarded a contract1 from Shell UK for the delivery of a not permanently attended installation for the Jackdaw gas field. Located east of Aberdeen in the North Sea, the field at peak production rates, could represent over 6% of projected UK North Sea gas production in the middle of this decade. The award follows completion of front-end engineering and design work , awarded in June 2019. The scope [...]

FORNEBU, Norway, July 25, 2022 /PRNewswire/ -- Akastor ASA's 50% owned affiliate AKOFS Offshore AS has now signed a firm contract for its vessel "Aker Wayfarer" that will continue to perform services as a subsea equipment support vessel for Petróleo Brasileiro S.A. as client in Brazil. The duration of the contract is 1,415 days, or almost 4 years, and the services will commence in first half of 2023. AKOFS Offshore will [...]

FORNEBU, Norway, July 14, 2022 /PRNewswire/ -- Aker Solutions' revenue and margins increased in the second quarter of 2022. The company continued to demonstrate that it remains on-track with its financial targets. The main projects globally continued to progress, tendering activity is record high, and the market outlook remains positive. Aker Solutions increased its revenue guidance and now expects revenue up by about 30 [...]

FORNEBU, Norway, July 14, 2022 /PRNewswire/ -- Second Quarter Highlights Net capital employed of NOK 5.6 billion and equity of NOK 4.3 billion, corresponding to NOK 15.7 per share HMH delivered underlying growth in revenues and EBITDA quarter-on-quarter. Positive outlook driven by increased rig activity and continued strong level of service orders AKOFS Offshore delivered good operational performance. Aker Wayfarer [...]

Aker Solutions has been awarded a strategic partnership agreement with Vår Energi to deliver subsea production systems for all upcoming subsea projects for the next five years, for all Vår Energi operated assets and projects on the Norwegian Continental Shelf . The agreement has an option to be extended for a further 2+2 years. The scope of the agreement includes the full range of equipment and services to deliver [...]

Akastor ASA invites investors and analysts to a webcast presentation of second quarter 2022 financial results on Thursday 14 July. Date and time: Thursday 14 July 2022 at 15:00 CET Presenters: Akastor - Karl Erik Kjelstad, CEO and Øyvind Paaske, CFO HMH - M.A. «Pete» Miller, Jr., Chairman & CEO and Thomas McGee, CFO Link to webcast: https://channel.royalcast.com/landingpage/hengarmedia/20220714_4/ Questions can be [...]

Aker Solutions has secured a significant1 three-year contract extension to an existing framework agreement for work at North Sea fields operated by ConocoPhillips Skandinavia AS . Aker Solutions will continue as ConocoPhillips' main supplier of maintenance and modifications work offshore Norway. The agreement runs from January 2024 until the end of 2026. The contract value will be determined by future call-offs for [...]