Norwegian offshore oilfield equipment maker Aker Solutions has signed a letter of intent with compatriot Equinor for the delivery of a subsea production system to the Kristin Sør oil and gas satellite fields offshore Norway.The contract value is about NOK 1 billion ($114…
Stephen Bull, Equinor's senior vice president responsible for offshore wind operations in the North Sea, is leaving the company and will join the Norwegian offshore services firm Aker Solutions.Bull, who was last year re-elected RenewableUK Chair…
Norwegian offshore engineering and equipment provider Aker Solutions reported a drop in revenue in the third quarter of 2020, but its net profit rose. Aker Solutions' result received a one-off boost from the listing of carbon capture and offshore wind spinoffs…
Norwegian energy industry services provider Aker Solutions has won a framework agreement with Equinor to provide maintenance and modifications services at the Peregrino field, offshore Brazil. The contract has a fixed period of four years and includes an option for a two-year extension…
Deep Wind Offshore, a Norwegian offshore wind company formed last month, has appointed Hans Petter Øvrevik as its Chief Commercial Officer (CCO).Øvrevik has more than 16 years of experience in the offshore industry, including roles in Aker Solutions and Aker Offshore Wind…
Norwegian maritime and offshore energy forces teamed up in January to create Deep Wind Offshore, a new name in offshore wind.Deep Wind Offshore, founded by the Norwegian shipping company Knutsen OAS and one of Norway’s larger utilities Haugaland Kraft/SKL (Sunnhordland Kraftlag)…
Norwegian energy services giant Aker Solutions on Tuesday completed its previously announced merger with compatriot Kvaerner, and has pledged that the new company would work on speeding up the transition to sustainable energy production.'It…
Norwegian oilfield services provider Aker Solutions has won a contract for the hook-up of the fifth platform on the Johan Sverdrup field, offshore Norway.According to Equinor, the operator of the field, at peak the contract will provide jobs for around 1…
Norway's Aker BP could expand its oil and gas business to other countries if it comes across competitive opportunities abroad, its chief executive told Reuters on Thursday.Any move to invest outside its native Norway would be a change of strategy for Aker BP…
Norwegian offshore energy services firm Aker Solutions, which last week merged with Kvaerner, on Monday launched a campaign aimed at speeding up 'the transition to sustainable energy production.'The company, which has 15,000 employees around the world…
Two Norwegian offshore energy services firms Aker Solutions and Kvaerner said Monday that all conditions had been met for their proposed merger to proceed.The two companies announced the proposed merger in June. Under the terms, Aker Solutions will absorb all the assets…
Malaysia’s anti-graft agency is investigating Norway’s largest oil services provider Aker Solutions on suspicions of making false statements in its dealings with state-owned energy firm Petronas, three sources familiar with the probe said.The…
Norwegian carbon capture company Aker Carbon Capture has appointed Egil Fagerland as its CFO, with effect from April 1, 2021.Fagerland joins the company from DeepOcean, where he was head of ERP and Business Systems. He previously held various…
Equinor has awarded key contracts for the Northern Lights carbon capture and storage project in Norway to Aker Solutions. The contract awards come just days after the Norwegian Government announced its funding decision for the Northern Lights project…
UK-based subsea energy products company Express Engineering has sold its aerospace division for an undisclosed sum, to focus on expanding its capabilities in the offshore oil and gas market.The aerospace division has been sold to Paralloy. 'The…
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