Search results for: solutions

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  • 28 August 2007

    Six years ago this week a Norwegian cargo ship named the Tampa sparked a diplomatic dispute between Australia, Norway and Indonesia as well as worldwide controversy when it came to the aid of 438 asylum seekers whose dilapidated fishing boat started to sink 85 nautical miles off the Australian territory of Christmas Island.

  • 16 February 2018
    Business & Finance, Equipment, Research & Development

    Aker Solutions has agreed on a long-term collaboration with software company Cognite to accelerate the development of digital solutions aimed to drive efficiencies through the entire life of an energy asset. The energy services company will use Cognite’s industrial data platform to collect and analyze data from offshore energy installations, providing solutions that should, according […]

  • 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.

  • 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.

  • 11 October 2012
    Business & Finance

    At the Brazilian container terminals Tecon Salvador and Tecon Rio Grande both part of the Wilson Sons Group, Cargotec is integrating the SmartLanes process automation solution for gate automation. SmartLanes is part of the process automation offering of the Cargotec SmartPort concept and is delivered in partnership with APS Technology Group, part of Cargotec SmartPort […]

  • 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. […]

  • 3 June 2014
    Equipment, Operations & Maintenance, Project & Tenders

    Cable Solutions Worldwide Ltd, based in Aberdeenshire’s Craigearn Business Park, has secured a frame agreement to supply electrical wire and cable to Aker Solutions ASA and Kvaerner AS facilities worldwide. Cable Solutions Worldwide Ltd, which will supply the services as a joint venture business set up as Cable Solutions GK Ltd, working in conjunction with […]

  • 23 October 2019
    Business & Finance

    Aker Solutions aims to generate about half of its revenue from renewable or distinct low carbon solutions by 2030, according to the company’s 20/25/30 strategy.

  • 23 October 2019
    Business & Finance

    Aker Solutions recorded a decrease in its third quarter 2019 profit, but its revenues jumped by 9% driven by increased activity levels compared to the same period last year.

  • 3 September 2019
    Equipment

    Aker Solutions has launched its Intelligent Subsea offering designed to, according to the company, accelerate field development and maximize performance.

  • 30 April 2019
    Business & Finance

    Norwegian oilfield services provider Aker Solutions recorded an increase in its quarterly profit and revenues driven by high activity levels. Looking ahead, Aker Solutions expects an increase in energy demand.  Aker Solutions recorded an increase in its first quarter 2019 net income which totaled NOK 149 million ($17.2M) compared to NOK 105 million ($12.1M) in […]

  • 8 February 2019
    Business & Finance

    Aker Solutions recorded an increase in profit in the last quarter of 2018 from the same period in 2017 on the back of higher revenues.

  • 13 July 2016
    Equipment

    Norwegian oilfield services company Aker Solutions has provided a somewhat positive outlook for the next year and a half. Presenting its second quarter results, Aker Solutions said that the markets are challenging and projects are being postponed across the industry. However, with cost cuts driving down break-even costs, some major developments might be sanctioned in […]

  • 26 September 2012
    Business & Finance

    Petrofac, a leading international service provider to the oil & gas production and processing industry has chosen Intergraph SmartPlant® Enterprise solutions to support productivity goals across the execution chain for major international projects. SmartPlant Enterprise technology is able to add value in terms of improved design quality on projects, and support a competitive edge in […]

  • 12 July 2018
    Business & Finance

    Aker Solutions posted an increase in profit and revenues as its orders almost doubled in the second quarter of 2018 compared to a year earlier amid a pickup in 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.

  • 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 […]

  • 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.

  • 11 October 2019

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

  • 14 June 2019

    Norwegian offshore oil and gas engineering and services firm Aker Solutions has appointed a new Chief Financial Officer.