Aker Solutions Company News

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Petronas to Test New Subsea Pump
PETRONAS and FASTsubsea have signed a contract to develop and test a low-cost, topside-less subsea multiphase pump. IMAGE SOURCE: Aker Solutions
8:00 PM EST | August 11, 2020
Offshore Norway Contract Extension Goes to Aker Solutions
Aker Solutions reported Monday that it has won a two-year contract extension for maintenance and modifications work offshore Norway for Aker BP.
8:00 PM EST | June 29, 2020
Aker, Equinor Ink North Sea Contract
Aker will deliver a subsea system for the Breidablikk project.
8:00 PM EST | June 24, 2020
Subsea 7 Awards GOM Umbilicals Contract
Subsea 7 has awarded Aker Solutions a contract to deliver umbilicals for Murphy Exploration and Production Co. USA's King's Quay development in the Gulf of Mexico. PHOTO SOURCE: Aker Solutions
8:00 PM EST | June 10, 2020
Aker Solutions, PTAS Sdn Bhd Launch Offshore Joint Venture
The agreement covers services for more than 200 of Brunei Shell Petroleum's offshore assets.
8:00 PM EST | March 30, 2020
Aker Wins Chevron Gulf of Mexico Contract
The agreement is for umbilicals in GOM oil and gas fields and work related to Chevron's Anchor project.
8:00 PM EST | March 23, 2020
ConocoPhillips Awards Barossa Contracts to NOV and Aker
The Barossa field development will extend the Darwin LNG export facility's service life.
7:00 PM EST | March 03, 2020
Aker Solutions to Cut Jobs in Aberdeen
The energy services firm revealed plans to cut nearly 100 jobs in Aberdeen.
8:00 PM EST | October 17, 2019
Cost Overruns Threaten Offshore Development
Even with funding based on a thorough engineering definition, operators could still see a cumulative $111-billion cost overrun.
8:00 PM EST | June 30, 2019
More Layoffs on the Way for Aker Solutions
Norwegian oil services firm will lay off staff at Agotnes yard.
8:00 PM EST | August 22, 2018
Aker Solutions Opens Upgraded Aberdeen Site
Aker Solutions officially opens its upgraded Aberdeen services facility after spending $11 million on the site.
8:00 PM EST | April 26, 2018
Aker BP Buys Hess' Norway Unit For $2B
Aker BP will add the Norwegian operations of Hess to its expanding exploration and production portfolio under a $2 billion deal.
8:00 PM EST | October 23, 2017
Aker Completes More Than Two-Thirds of Cost-Cutting Program
Aker Solutions ASA revealed that it has completed more than two-thirds of a program to increase cost-efficiency across its business by at least 30 percent by the end of 2017.
8:00 PM EST | May 08, 2017
Aker Solutions Reduces Total Headcount by Almost 5,000 Since 2014
Aker Solutions reduces its total staff count by almost 5,000 workers from 2014 to 2016.
8:00 PM EST | March 29, 2017
Aker Solutions Secures Johan Sverdrup Phase 2 FEED Contract
Aker Solutions secures a front-end engineering and design (FEED) contract from Statoil for the second phase of the Johan Sverdrup development offshore Norway.
8:00 PM EST | March 20, 2017
Aker Solutions Employees Buy Shares in the Company
Aker Solutions employees have bought shares worth $4.6 million as part of annual program for staff and managers.
7:00 PM EST | December 15, 2016
Southern North Sea Special Interest Group Launched
A steering group of offshore companies has been appointed to work together to explore opportunities to maximize remaining gas reserves in the Southern North Sea (SNS).
7:00 PM EST | November 20, 2016
Aker Solutions to Buy Brazilian C.S.E
Aker Solutions agrees to buy 70% of Brazilian C.S.E. Mecanica e Instrumentaçao Ltda.
8:00 PM EST | October 20, 2016
Aker, Aibel Win Contracts Worth $600M for Dvalin Work, Offshore Norway
Oil and gas producer DEA awards contracts worth approximately $600 million to Aker Solutions and Aibel.
8:00 PM EST | October 03, 2016
Aker Solutions Lets Employees Buy Company Shares
Oilfield services company Aker Solutions will, for the eighth consecutive year, offer employees in selected jurisdictions the opportunity to buy shares of the company.
8:00 PM EST | September 25, 2016
Aker Solutions to Temporarily Cut 100 Employees
Aker Solutions confirms that it will temporarily cut 100 employees from its subsea services business in Norway, due to the sustained decline in market activity.
8:00 PM EST | September 19, 2016
Aker Lands Troll B Work
Aker Solutions secures a contract from Statoil to deliver a compression module for the Troll field in the North Sea, which will help boost output at the offshore Norwegian field.
8:00 PM EST | September 15, 2016
Det Norske Increases Production Guidance for 2016
Norway-focused exploration and production company Det norske oljeselskap ASA increases its production guidance for 2016.
8:00 PM EST | September 13, 2016
Subsea 7 Forms Development Alliance with Det Norske, Aker Solutions
Subsea 7 S.A. forms a development alliance with Det norske oljeselskap and Aker Solutions to cut costs.
8:00 PM EST | September 12, 2016
Aker Solutions Secures Utgard Tie-in Work
Aker Solutions secures a services contract for the tie-in of the Utgard gas and condensate field to the Statoil-operated Sleipner facilities in the North Sea.
8:00 PM EST | September 07, 2016
Aker Solutions Says Norwegian Offshore Sector Could Improve in 2017
Aker Solutions believes the offshore Norwegian oil and gas sector could start improving by next year, although the next few months are likely to remain 'subdued'.
8:00 PM EST | July 12, 2016
Aker Secures FEED Deal from Idemitsu for Blocks 05-1b, 05-1c Off Vietnam
Aker Solutions secures a front end engineering and design (FEED) contract for Idemitsu's Blocks 05-1b and 05-1c development in the Nam Con Son basin offshore Vietnam.
8:00 PM EST | July 11, 2016
Aibel Appoints New President, CEO
Mads Andersen will take over as the new Aibel President and CEO from January 1, 2017, following Jan Skogseth's decision to retire.
8:00 PM EST | June 13, 2016
Norway Strike Threat Increases as Parties Fail to Find Agreement
The threat of strike action among 6,000 oil service worker employees in Norway increases as unions and energy company representatives fail to settle wage disputes.
8:00 PM EST | June 07, 2016
Aker Wins Zohr Umbilicals Contract
Aker Solutions wins a contract to deliver its longest-ever umbilicals system at the Zohr offshore gas field in the Egyptian part of the Mediterranean Sea.
8:00 PM EST | June 05, 2016
EC225LP Helicopters Grounded in UK, Norway after 13 Killed in Crash
UK Civil Aviation Authority joins Norway in banning EC225LP helicopter flights, as Statoil confirms that employees from Halliburton, Aker Solutions, Schlumberger, Welltec and Karsten Moholt were on the flight.
8:00 PM EST | April 29, 2016
Oil Service Firm Aker Solutions Says Market Uncertainty Persists
Aker Solutions posts 1Q earnings in line with expectations and says outlook for its core Norwegian market still looks subdued this year amid the lower crude prices.
8:00 PM EST | April 27, 2016
Aker Solutions, ABB Team Up To Develop Subsea Production
Aker Solutions and ABB agree to team up to develop solutions that will "improve oil and gas production for the global energy industry," according to a statement from Aker.
8:00 PM EST | April 26, 2016
Norway's Aker Seeks More Investments, Says Billionaire Owner Roekke
Aker expects to conduct more acquisitions and other transactions in coming years, according to the firm's top owner.
8:00 PM EST | April 21, 2016
Aker Solutions Wins Engineering Services Agreement with Lundin
Aker Solutions secures a framework agreement from Lundin Norway to provide engineering services for offshore developments in Norway.
8:00 PM EST | April 19, 2016
Aker Solutions Secures Subsea Services Contract with Petrobras
Aker Solutions secures a contract with Petrobras to provide maintenance and other services for subsea facilities at the energy firm's operated oil and gas fields offshore Brazil.
8:00 PM EST | April 14, 2016
Wood Group, Aker, DNV GL, Bibby Secure North Sea Work
John Wood Group plc, Aker Solutions, DNV GL and Bibby Offshore secure services contracts for oil and gas related work in the North Sea.
8:00 PM EST | April 03, 2016
Norwegian Strike Threat Increases
Norwegian union Fellesforbundet breaks off pay negotiations with the employers' Federation of Norwegian Industries, increasing the risk of strike action.
8:00 PM EST | March 29, 2016
Aker Solutions Secures BP Subsea Deal
Aker Solutions secures a global framework agreement to deliver engineering and project management services at BP-operated subsea oil and gas fields.
8:00 PM EST | March 28, 2016
SPE Announces Winners of Offshore Achievement Awards
The Society of Petroleum Engineers announces the winners of the 30th Offshore Achievement Awards in Aberdeen.
8:00 PM EST | March 17, 2016
Wood Group PSN to Reduce UK Contractor Pay by 9%
Wood Group PSN (WGPSN) plans to reduce the pay of around a third of its UK contractor workforce by an average of nine percent.
7:00 PM EST | February 18, 2016
Aker, Total Team-Up on Subsea Technology Development
Aker Solutions and Total agree to work together to develop new, cost-effective subsea field technology.
7:00 PM EST | February 15, 2016
Aker Posts Lower Profits, Cuts Workforce Salary
Aker Solutions becomes the latest oil and gas services company to announce a fresh round of cuts amid the lower oil price.
7:00 PM EST | February 11, 2016
Aker to Deliver Johan Sverdrup Concept Study
Aker Solutions will work on a concept study for a new processing platform for future phases of the Statoil-operated Johan Sverdrup North Sea field.
7:00 PM EST | February 09, 2016
Oil, Gas Service Companies Win Several North Sea Contracts
Aker Solutions, Subsea 7, Technip Norway, Ocean Installer, Hereema Fabrication Group and Aibel secure work in the North Sea.
7:00 PM EST | February 02, 2016
Statoil Enlists Aker for Johan Castberg FPSO Concept Study
Aker Solutions is enlisted by Statoil to provide a concept study for a floating production, storage and offloading facility for the Johan Castberg oil field development in the Barents Sea.
7:00 PM EST | January 25, 2016
Aker Solutions to Cut up to 900 Jobs in Norway
Aker Solutions is streamlining its Norwegian MMO business to one regional unit, from four, in a move that could see the company shed 900 permanent positions.
7:00 PM EST | January 14, 2016
Statoil Signs New Agreements with Aker, OneSubsea
Statoil signs master service agreements with Aker Solutions and OneSubsea Processing, which form the basis for potential new EPC contracts for subsea equipment in the medium-term future.
7:00 PM EST | January 07, 2016
Aker Solutions, Saipem to Collaborate on Subsea Projects
Aker Solutions and Saipem agree to cooperate on targeted subsea oil and gas development projects worldwide.
7:00 PM EST | December 17, 2015
Aker Solutions Wins Maintenance Contract with BP
Aker Solutions secures a framework agreement to provide maintenance and modifications services at BP-operated oil and gas fields offshore Norway.
7:00 PM EST | November 25, 2015