June 26, 2017 - Aker Solutions was awarded a contract to deliver three umbilicals and associated equipment at ENI's Coral South project, Mozambique's first offshore field development. The work scope includes three steel tube umbilicals that will total more than 19 kilometers in length and connect the Coral South floating liquefied natural gas (FLNG) facility to the field's subsea production system. The umbilicals will be [...]
Akastor ASA will publish its second quarter 2017 results on Thursday July 13, 2017 at 7:00 a.m. CET. The presentation will be available through a conference call and audiocast only, at 8:00 a.m. CET. The presentation will be audiocasted live, and available through a dial-in conference call. There will be a Q&A session following the presentation. The replay will be made available on the company website. Live webcast link [...]
Akastor ASA (OSE: AKA), an oil service investment company, has entered into a definitive agreement to sell KOP Surface Products ("KOP") to The Weir Group PLC ("Weir") (LON:WEIR) for USD 114 million on a debt- and cash-free basis. KOP is headquartered in Singapore and is a supplier of surface wellheads, trees, valves and actuators to the oil and gas industry. "KOP has done an excellent job in recent years of improving [...]
May 9, 2017 1Q 2017 Financial Highlights Sales NOK 5.2 billion EBITDA NOK 355 million EBITDA margin 6.9% EBITDA margin ex. special items 7% EBIT NOK 150 million EBIT margin 2.9% EBIT margin ex. special items 3% Earnings per share NOK 0.23 Order intake NOK 4.6 billion Order backlog NOK 30.7 billion Aker Solutions continued to deliver strong execution on major projects globally in the first quarter of 2017 and [...]
Q1 HIGHLIGHTS · Frontica Advantage joined NES Global Talent in January 2017 · EBITDA of NOK 59 million · Net debt at NOK 3.0 billion · Working capital at NOK 1.4 billion ___________________________________________________________________________ Media Contact: Akastor ASA Tore Langballe, Head of Communications +47 907 77 841 tore.langballe@akastor.com This information is subject to the disclosure [...]
Aker Solutions will publish its first-quarter results for 2017 on Tuesday, May 9, at 07:00 CEST. We invite investors, analysts and media to a presentation of the results at Aker Solutions' headquarters, Oksenøyveien 8, Fornebu. Date: May 9, 2017 Time: 09:00 CEST Location: Oksenøyveien 8, Fornebu, Norway Language: English To attend the presentation, please pre-register using this link: http://akersolutions.com/registration We kindly ask that you pre-register even if you are not yet certain whether you will attend the presentation in person. The presentation will be broadcast live on http://akersolutions.com/webcast at 09:00 CET. Dial-in details are available here: http://akersolut... [...]
April 26, 2017 - Aker Solutions won strategically important contracts for concept studies for carbon capture at Yara's ammonia plant on Herøya and Norcem's cement production facility in Brevik, Norway. Norcem and Yara are among three companies in the running to receive funding from the Norwegian government to build and operate a full-scale carbon capture plant at their respective facilities. The government aims to fund at least one of the plants, which would be operational by 2022. "Perfecting carbon capture will be key to meeting global climate goals," said Luis Araujo, chief executive officer at Aker Solutions. "The confidence placed in us by both Yara and Norcem shows we are taking a leading role in this crucial technolo... [...]
April 20, 2017 - Shareholders of Aker Solutions adopted all proposals on the agenda of the company's annual general meeting held today in Fornebu, Norway. Minutes of the meeting are attached. Reference is also made to the annual general meeting notice of March 29 available on http://akersolutions.com/agm-2017 In accordance with the proposal, the general meeting elected Haakon Berg as the new shareholder-elected deputy [...]
Akastor ASA will publish its first quarter 2017 results on Wednesday May 3, 2017 at 7:00 a.m. CET. The presentation will be available through a conference call and audiocast only, at 8:00 a.m. CET. The presentation will be audiocasted live, and available through a dial-in conference call. There will be a Q&A session following the presentation. The replay will be made available on the company website. Live webcast link [...]
April 7, 2017 - Aker Solutions secured a framework agreement for as many as 10 years from Aker BP to provide engineering and procurement services for new offshore field installations. The scope is for a range of fixed facilities from small wellhead platforms to complete oil and gas field centers. It covers work in all project phases and includes early-phase studies, front-end engineering and design (FEED), detail [...]
April 7, 2017 - Aker Solutions today completed the acquisition of oil-services provider Reinertsen, building on its position as a leading maintenance and modifications supplier offshore Norway. The agreement to buy Reinertsen's Norwegian oil and gas services business, announced on March 30, has also been cleared by Norway's competition authority. ENDS Media Contact: Stina Kildedal-Johannessen, tel: +47 55 22 28 00, mob [...]
The annual general meeting of Akastor ASA was held on Thursday 6 April 2017 at the company's premises at Oksenøyveien 10, Lysaker, Norway. All matters on the agenda were approved, cf. the notice of the Annual General Meeting that was published to Oslo Børs on 16 March 2017. The complete minutes are attached to this release and are also available at www.akastor.com. ENDS For further information, please contact: Tore D. Langballe Head of Communications & Investor Relations Mob: +47 907 77 841 This information is subject to the disclosure requirements pursuant to ... [...]
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