Tag: Aker Solutions

Equinor is signing collaboration agreements with Aker Solutions and TechnipFMC for subsea equipment and services on the Norwegian continental shelf (NCS) and internationally.

Aker Solutions won orders valued at more than NOK 350M to deliver power umbilical systems to China National Offshore Oil Corporation's (CNOOC) Liuhua oil fields in the South China Sea, off Hong Kong.

Statoil has, on behalf of the license partners, awarded EPC contracts for the delivery of subsea production systems and services for the Troll Phase 3 project in the North Sea and the Askeladd project in the Barents Sea, respectively, to Aker Solutions.

Aker Solutions won an order valued at more than NOK 1.6 billion to deliver the largest umbilicals system ever. The contract entails delivery of 250 kilometers of steel-tube umbilicals linking a subsea development to an existing offshore platform.

Aker Solutions has recently agreed to buy 70 percent of Brazilian C.S.E. Mecânica e Instrumentação Ltda, building on a strategy to expand its services business in key international markets.

Aker Solutions has recently been awarded the contract for upgrading the Mongstad terminal for Johan Sverdrup oil from late 2019.

Aker Solutions will be introducing a new executive management team as part of a broader reorganization aimed at further strengthening operational and financial performance and better meeting customer needs.

Aker Solutions has recently secured a contract from Idemitsu Oil and Gas Co., Ltd. to provide engineering services for the development of oil and gas resources in the Nam Con Son basin offshore Vietnam.

Outokumpu Forta DX 2205, produced at Outokumpu Degerfors Long Products in Sweden, has been qualified according to NORSOK M-650 Ed. 4. Outokumpu is one of the first companies to meet the more stringent Revision 5 of the MDS D47 in NORSOK M-650 Ed.

Aker Solutions has notified employees about a workforce reduction in its Norwegian subsea business due to a continued market slowdown. About 500 permanent positions at facilities in Fornebu, Stokke, Moss and Tranby in Norway may be affected. “Activity in the Norwegian offshore services market has declined considerably over the past year as oil companies scale back spending and postpone projects,” said Per Harald Kongelf, head of Aker Solutions’ Norwegian operations.