Search results for: Aker Solutions

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  • 15 January 2020
    Business & Finance

    Aker Solutions is participating in a joint venture that has been issued a letter of award to provide offshore maintenance and modification services to an undisclosed client.

  • 2 September 2016
    Business & Finance

    Aker Solutions, a Norwegian oil services company, has named a new executive management team as a part of its reorganization efforts aimed at “further strengthening operational and financial performance and better meeting customer needs.” Aker said on Friday that the new organization will have five delivery centers: Customer Management, Front End, Products, Projects, and Services. […]

  • 17 July 2019
    Business & Finance

    Norwegian oilfield services provider Aker Solutions recorded a loss in the second quarter of the year despite increase in revenues driven by higher activity.

  • 7 February 2020
    Business & Finance

    Aker Solutions sank to a quarterly loss despite a 6% increase in revenues, but the company expects an increase in global energy demand in the long-term. 

  • 17 July 2019
    Business & Finance, Operations & Maintenance, Project & Tenders

    Aker Solutions has seen red in the second-quarter 2019, as impairments affected the company’s bottom line, compared to same time last year. The Norwegian services player booked Q2 2019 loss of NOK 11 million, against profit of NOK 117 million in the prior-year comparable period. However, Earnings before interest, tax, depreciation and amortization (EBITDA), rose […]

  • 24 October 2018
    Business & Finance

    Oilfield services company Aker Solutions saw its orders more than double in the third quarter of 2018 from a year earlier amid increasing signs of a market recovery.

  • 7 February 2018

    Norwegian oil services company Aker Solutions has invested in floating wind power technology company Principle Power Inc., forming an alliance that brings its offshore oil and gas field engineering expertise into a renewable energy market.

  • 28 April 2016

    Aker Solutions, Norwegian provider of products and services to the international oil and gas industry, sees signs of improvement in the industry. Presenting its first quarter results on Thursday, the company acknowledged the markets were challenging, with projects being postponed across the industry, however it said that there were signs that cost-cutting efforts were having […]

  • 11 October 2019

    Norwegian engineering company Aker Solutions has emerged as the lowest bidder in a bid opening ceremony for a subsea project.