OSLO, Norway, July 2, 2021 Aker Solutions' subsea compression technology has been selected by Chevron Australia Pty Ltd as operator of the Gorgon Project for the Jansz-Io Compression Project, offshore Western Australia Aker Solutions remains in ongoing discussions with Chevron to finalize the contract. A further announcement will be made when a contract is finalized. The value of the contract is expected to be about NOK 7 [...]
Akastor ASA invites investors and analysts to a webcast presentation of second quarter 2021 financial results on Thursday 15 July 2021. Time and date: Thursday 15 July 2021 at 9:00 CET Presenters: Karl Erik Kjelstad, Chief Executive Officer and Øyvind Paaske, Chief Financial Officer The presentation will be held as a webcast: https://channel.royalcast.com/landingpage/hegnarmedia/20210715_2/ Questions can be submitted [...]
Today, Aker Solutions and AF Gruppen have signed a Letter of Intent to merge the two companies' existing offshore decommissioning operations into a 50/50 owned company with the goal of creating a leading global player for environmentally friendly recycling of offshore assets. By establishing a pure, focused player dedicated to unleashing global decom potential, the parties will make a significant contribution towards a [...]
Aker Solutions was awarded a large1 framework agreement from Petrobras to provide subsea lifecycle services for Petrobras-operated oil and gas fields offshore Brazil. The agreement has a fixed period of three years and includes an option to extend the contract for two additional years. The scope of the agreement covers the full range of subsea lifecycle services for several Petrobras-operated fields offshore Brazil. This [...]
Reference is made to the announcement dated 11 December 2020 on Keppel FELS' suspension notice to MHWirth AS under one of the contracts entered into with the yard. MHWirth has today received a notice from Keppel FELS to resume work under this contract, which consequently no longer will be under suspension. The contract between MHWirth and Keppel FELS was signed in April 2019 . For more information, please contact: Øyvind [...]
Aker Solutions is on track for the 2021 targets and strategic growth plans. In the first quarter, the company delivered growth in both earnings and order intake. About 35 percent of the new contracts are for projects related to energy transition. Tender activity remains high, and the market outlook is developing positively. 1Q 2021 Financial Highlights Revenue NOK 6.5 billion EBITDA NOK 427 million EBITDA margin 6.6 [...]
First Quarter Highlights Akastor announced the agreement to create a joint venture between MHWirth and Baker Hughes' Subsea Drilling Systems business, forming a global full-service offshore drilling equipment provider. As part of the transaction, Akastor has secured commitment to refinance its current corporate bank facility. Following this agreement, MHWirth is classified as held for sale per first quarter and presented [...]
Akastor ASA invites investors and analysts to a webcast presentation of first quarter 2021 financial results on Thursday 29 April 2021. Time and date: Thursday 29 April 2021 at 9:00 CET Presenters: Karl Erik Kjelstad, Chief Executive Officer and Øyvind Paaske, Chief Financial Officer The presentation will be held as a webcast: https://channel.royalcast.com/landingpage/hegnarmedia/20210429_4/ Questions can be submitted [...]
Aker Solutions has won a large1 contract from ConocoPhillips to provide a subsea production system for the Eldfisk North development offshore Norway. The field will be developed as a subsea satellite, tied back to the Eldfisk Complex. The scope covers a complete subsea production system including 13 standardized vertical subsea trees, wellheads, control systems, three six-slot templates with integrated manifolds, and [...]
Aker Solutions and Doosan Babcock have agreed to jointly deliver projects for low-carbon solutions and renewable energy in the UK. The partners will particularly focus on pursuing and winning contracts for new hydrogen production plants, and facilities for carbon capture, utilization and storage . Opportunities for other projects within the process and energy industries will also be explored. The duo has signed a [...]
Aker Solutions today publishes its annual report, sustainability report and corporate governance report for 2020. The reports are attached and also available on https://akersolutions.com/annual-reports, https://akersolutions.com/sustainability-reports and https://akersolutions.com/corporate-governance. Media Contact: Torbjørn Andersen, mob: +47 928 85 542, email: torbjorn.andersen@akersolutions.com Investor Contact [...]
Akastor ASA's wholly owned subsidiary, DDW Offshore AS , has entered into bareboat charter agreements with OceanPact Servicos Maritimos S.A. , a Brazilian subsea and logistic company, for the two AHTS vessels Skandi Saigon and Skandi Pacific for a period of 26 months. As part of the agreements, forward sale of the vessels has been agreed whereby OceanPact shall purchase the vessels at the end of the charter period. The [...]
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