Establishment of Aker Oilfield Services

Aker, Aker Kværner, Aker Yards and DOF Subsea have established Aker Oilfield Services Ltd. The initial ownership will be 75 per cent to the Aker companies, through the recently established Aker Innovation entity, and 25 per cent to DOF Subsea.

Aker Oilfield Services has been established to target the growing market for increased oil recovery services for subsea wells. The company will offer its customers subsea light well intervention services by means of both riserless and riser-based subsea well intervention systems.