In this video, Aker Solutions talks about the vision of the world’s first subsea gas compression system to the Statoil-operated Asgard field offshore Norway. The NOK 19 billion (US$2.34 billion) Åsgard subsea gas compression project…
Aker Solutions appointed David Clark as regional president of the UK and Africa to oversee an expansion and support operations in these markets. He will assume the position on 21 September 2015 and report to CEO, Luis Araujo. Clark, a UK national…
Aker Solutions is set to cut 500 permanent positions in its Norwegian subsea business that the company is attributing to the continued slowdown of the market, adding to the nearly 200 job reductions the company announced earlier this year…
The theme of this year’s SPE Offshore Europe is inspiring the next generation, and the event’s opening plenary showed how a few notable figures set foot on their STEM career paths. Audrey Leon reports. Opening…
At 300m below the surface of the Norwegian Sea, the world’s first subsea gas compression facility has come on stream, Statoil announced this morning. The NOK 19 billion (US$2.34 billion) Åsgard subsea gas compression project, known as project Nemo to some internally…
Centrifugal pumps and systems manufacturer SPP Pumps has confirmed the expansion of its business in Norway, with the announcement of a partnership with Hillevag Elektro-Diesel - specifically for the oil and gas market. Ian Burrows (Head…
UK-based consultancy Crondall Energy has been awarded a contract with a consortium of Aker Solutions and Subsea 7 for the Ophir Energy Fortuna Project in West Africa. The award is to provide technical support to the competitive upstream…
Standardization has been high on the agenda at the Underwater Technology Conference (UTC) in Bergen for the past two years. This year, the focus was “innovating for the next wave.” Elaine Maslin reports on innovations discussed and on show…
In advance of 2015 Deepwater Intervention Forum held in Galveston, Texas, OE’s Managing Editor Audrey Leon discusses the intervention market in the wake of the downturn, and speaks with several forum board members ahead of the show on 11-13 August…
The drilling market is turning out to be worse than in 2008-9 and is expected to continue into 2016 and beyond, says Norway’s Akastor as it feels the brunt of the low-oil price driven down turn. The former Aker Solutions company is planning…
Two consortia of oil services companies have been selected to compete for an EPIC contract on Africa's first floating LNG project through two front end engineering and design contracts. The move will pitch McDermott Marine Construction…
Aker Solutions has won a maintenance, modifications and operations (MMO) contract from ExxonMobil for engineering, procurement, construction and maintenance services at the Hebron oilfield offshore Canada. The Hebron oil field is located offshore Newfoundland and Labrador…
Norway-based Fjords Processing has won three contracts for the deliveries of process systems for the Johan Sverdrup development in the North Sea. The contracts were signed with Statoil on behalf of the Johan Sverdrup license. The scope…
Another round of job cuts are on the way as Aker Solutions and FMC Technologies move to reduce their workforces in Norway. Norwegian-based Aker Solutions said on Thursday (11 June) that it notified employees at its subsea services center in Agotnes…
Electronic subsea control modules are being designed to go deeper – and be smaller and lighter. John Bradbury takes a look. Aker Vectus control system pulled from Larssen MCE DD 20154 presentation…
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