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Petronas to Test New Subsea Pump
Wednesday, August 12, 2020PETRONAS and FASTsubsea have signed a contract to develop and test a low-cost, topside-less subsea multiphase pump. IMAGE SOURCE: Aker Solutions

Offshore Norway Contract Extension Goes to Aker Solutions
Tuesday, June 30, 2020Aker Solutions reported Monday that it has won a two-year contract extension for maintenance and modifications work offshore Norway for Aker BP.

Aker, Equinor Ink North Sea Contract
Thursday, June 25, 2020Aker will deliver a subsea system for the Breidablikk project.

Subsea 7 Awards GOM Umbilicals Contract
Thursday, June 11, 2020Subsea 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

Aker Solutions, PTAS Sdn Bhd Launch Offshore Joint Venture
Tuesday, March 31, 2020The agreement covers services for more than 200 of Brunei Shell Petroleum's offshore assets.

Aker Wins Chevron Gulf of Mexico Contract
Tuesday, March 24, 2020The agreement is for umbilicals in GOM oil and gas fields and work related to Chevron's Anchor project.

ConocoPhillips Awards Barossa Contracts to NOV and Aker
Wednesday, March 04, 2020The Barossa field development will extend the Darwin LNG export facility's service life.

Aker Solutions to Cut Jobs in Aberdeen
Friday, October 18, 2019The energy services firm revealed plans to cut nearly 100 jobs in Aberdeen.

Cost Overruns Threaten Offshore Development
Monday, July 01, 2019Even with funding based on a thorough engineering definition, operators could still see a cumulative $111-billion cost overrun.

More Layoffs on the Way for Aker Solutions
Thursday, August 23, 2018Norwegian oil services firm will lay off staff at Agotnes yard.

Aker Solutions Opens Upgraded Aberdeen Site
Friday, April 27, 2018Aker Solutions officially opens its upgraded Aberdeen services facility after spending $11 million on the site.

Aker BP Buys Hess' Norway Unit For $2B
Tuesday, October 24, 2017Aker BP will add the Norwegian operations of Hess to its expanding exploration and production portfolio under a $2 billion deal.

Aker Completes More Than Two-Thirds of Cost-Cutting Program
Tuesday, May 09, 2017Aker 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.

Aker Solutions Reduces Total Headcount by Almost 5,000 Since 2014
Thursday, March 30, 2017Aker Solutions reduces its total staff count by almost 5,000 workers from 2014 to 2016.

Aker Solutions Secures Johan Sverdrup Phase 2 FEED Contract
Tuesday, March 21, 2017Aker Solutions secures a front-end engineering and design (FEED) contract from Statoil for the second phase of the Johan Sverdrup development offshore Norway.

Aker Solutions Employees Buy Shares in the Company
Friday, December 16, 2016Aker Solutions employees have bought shares worth $4.6 million as part of annual program for staff and managers.

Southern North Sea Special Interest Group Launched
Monday, November 21, 2016A 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).

Aker Solutions to Buy Brazilian C.S.E
Friday, October 21, 2016Aker Solutions agrees to buy 70% of Brazilian C.S.E. Mecanica e Instrumentaçao Ltda.

Aker, Aibel Win Contracts Worth $600M for Dvalin Work, Offshore Norway
Tuesday, October 04, 2016Oil and gas producer DEA awards contracts worth approximately $600 million to Aker Solutions and Aibel.

Aker Solutions Lets Employees Buy Company Shares
Monday, September 26, 2016Oilfield services company Aker Solutions will, for the eighth consecutive year, offer employees in selected jurisdictions the opportunity to buy shares of the company.

Aker Solutions to Temporarily Cut 100 Employees
Tuesday, September 20, 2016Aker Solutions confirms that it will temporarily cut 100 employees from its subsea services business in Norway, due to the sustained decline in market activity.

Aker Lands Troll B Work
Friday, September 16, 2016Aker 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.

Det Norske Increases Production Guidance for 2016
Wednesday, September 14, 2016Norway-focused exploration and production company Det norske oljeselskap ASA increases its production guidance for 2016.

Subsea 7 Forms Development Alliance with Det Norske, Aker Solutions
Tuesday, September 13, 2016Subsea 7 S.A. forms a development alliance with Det norske oljeselskap and Aker Solutions to cut costs.

Aker Solutions Secures Utgard Tie-in Work
Thursday, September 08, 2016Aker 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.

Aker Solutions Says Norwegian Offshore Sector Could Improve in 2017
Wednesday, July 13, 2016Aker 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'.

Aker Secures FEED Deal from Idemitsu for Blocks 05-1b, 05-1c Off Vietnam
Tuesday, July 12, 2016Aker 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.

Aibel Appoints New President, CEO
Tuesday, June 14, 2016Mads Andersen will take over as the new Aibel President and CEO from January 1, 2017, following Jan Skogseth's decision to retire.

Norway Strike Threat Increases as Parties Fail to Find Agreement
Wednesday, June 08, 2016The 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.

Aker Wins Zohr Umbilicals Contract
Monday, June 06, 2016Aker 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.

EC225LP Helicopters Grounded in UK, Norway after 13 Killed in Crash
Saturday, April 30, 2016UK 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.

Oil Service Firm Aker Solutions Says Market Uncertainty Persists
Thursday, April 28, 2016Aker 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.

Aker Solutions, ABB Team Up To Develop Subsea Production
Wednesday, April 27, 2016Aker 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.

Norway's Aker Seeks More Investments, Says Billionaire Owner Roekke
Friday, April 22, 2016Aker expects to conduct more acquisitions and other transactions in coming years, according to the firm's top owner.

Aker Solutions Wins Engineering Services Agreement with Lundin
Wednesday, April 20, 2016Aker Solutions secures a framework agreement from Lundin Norway to provide engineering services for offshore developments in Norway.

Aker Solutions Secures Subsea Services Contract with Petrobras
Friday, April 15, 2016Aker 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.

Wood Group, Aker, DNV GL, Bibby Secure North Sea Work
Monday, April 04, 2016John Wood Group plc, Aker Solutions, DNV GL and Bibby Offshore secure services contracts for oil and gas related work in the North Sea.

Norwegian Strike Threat Increases
Wednesday, March 30, 2016Norwegian union Fellesforbundet breaks off pay negotiations with the employers' Federation of Norwegian Industries, increasing the risk of strike action.

Aker Solutions Secures BP Subsea Deal
Tuesday, March 29, 2016Aker Solutions secures a global framework agreement to deliver engineering and project management services at BP-operated subsea oil and gas fields.

SPE Announces Winners of Offshore Achievement Awards
Friday, March 18, 2016The Society of Petroleum Engineers announces the winners of the 30th Offshore Achievement Awards in Aberdeen.

Wood Group PSN to Reduce UK Contractor Pay by 9%
Friday, February 19, 2016Wood Group PSN (WGPSN) plans to reduce the pay of around a third of its UK contractor workforce by an average of nine percent.

Aker, Total Team-Up on Subsea Technology Development
Tuesday, February 16, 2016Aker Solutions and Total agree to work together to develop new, cost-effective subsea field technology.

Aker Posts Lower Profits, Cuts Workforce Salary
Friday, February 12, 2016Aker Solutions becomes the latest oil and gas services company to announce a fresh round of cuts amid the lower oil price.

Aker to Deliver Johan Sverdrup Concept Study
Wednesday, February 10, 2016Aker Solutions will work on a concept study for a new processing platform for future phases of the Statoil-operated Johan Sverdrup North Sea field.

Oil, Gas Service Companies Win Several North Sea Contracts
Wednesday, February 03, 2016Aker Solutions, Subsea 7, Technip Norway, Ocean Installer, Hereema Fabrication Group and Aibel secure work in the North Sea.

Statoil Enlists Aker for Johan Castberg FPSO Concept Study
Tuesday, January 26, 2016Aker 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.

Aker Solutions to Cut up to 900 Jobs in Norway
Friday, January 15, 2016Aker 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.

Statoil Signs New Agreements with Aker, OneSubsea
Friday, January 08, 2016Statoil 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.

Aker Solutions, Saipem to Collaborate on Subsea Projects
Friday, December 18, 2015Aker Solutions and Saipem agree to cooperate on targeted subsea oil and gas development projects worldwide.

Aker Solutions Wins Maintenance Contract with BP
Thursday, November 26, 2015Aker Solutions secures a framework agreement to provide maintenance and modifications services at BP-operated oil and gas fields offshore Norway.