March 30, 2017 - Aker Solutions agreed to buy oil-services provider Reinertsen to build on its position as a leading maintenance and modifications supplier offshore Norway. The asset deal is set to be concluded in the second quarter, giving Aker Solutions ownership of Reinertsen's Norwegian oil and gas services business. The agreement excludes Reinertsen's liabilities as of December 19, 2016, when the company went into [...]
March 29, 2017 - Aker Solutions today publishes its annual and corporate responsibility reports for 2016. The reports are attached and also available on http://akersolutions.com/annual-reports and http://akersolutions.com/cr-reports ENDS For further information, please contact: Media: Bunny Nooryani, Chief Communications Officer, Aker Solutions. Tel: +47 67 59 42 71, Mob: +47 480 27 575, E-mail [...]
March 29, 2017 - Aker Solutions today publishes its annual and corporate responsibility reports for 2016. The reports are attached and also available on http://akersolutions.com/annual-reports and http://akersolutions.com/cr-reports ENDS For further information, please contact: Media: Bunny Nooryani, Chief Communications Officer, Aker Solutions. Tel: +47 67 59 42 71, Mob: +47 480 27 575, E-mail [...]
March 21, 2017 - Aker Solutions secured a front-end engineering and design (FEED) contract from Statoil for the second phase of the major Johan Sverdrup development offshore Norway. The FEED work is for a new processing platform and the bridge that will connect it to the development's riser platform. The contract also includes the design of a module and the work to integrate this with the riser platform. The FEED will [...]
March 17, 2017 - Aker Solutions will provide design engineering for the upgrading of the semi-submersible Njord A platform in Norway. The company will as a subcontractor of Kvaerner take part in upgrading the platform after operator Statoil exercised an option in an agreement awarded in April 2016. The option is for work in the engineering, procurement and construction phase of the project. Aker Solutions' share of the [...]
This is a correction of the announcement from 08:00 16.03.2017 CET. Reason for the correction: The original Proposal from the nomination committee has been updated. 16 March 2017 - Attached is the notice of annual general meeting of Akastor ASA together with the (i) form of notice of attendance/proxy, (ii) statement regarding remuneration to executive management, (iii) board of directors' proposed resolutions and [...]
16 March 2017 - Attached is the notice of annual general meeting of Akastor ASA together with the (i) form of notice of attendance/proxy, (ii) statement regarding remuneration to executive management, (iii) board of directors' proposed resolutions and (iv) proposal from the nomination committee. The general meeting will be held Thursday 6 April 2017 at 09:00 CEST at Oksenøyveien 10, Building B, 1366 Lysaker, Norway. The following documentation is made available at the company's website www.akastor.com: Notice of annual general meeting (including form of notice of attendance/proxy) The board of directors' proposed resolutions... [...]
16 March 2017 - Akastor ASA's annual report for 2016, including the board's corporate governance statement, and the corporate responsibility report for 2016 are attached. The reports are also available at the company's website 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 [...]
Highlights: Several transactions were announced and concluded, releasing approximately NOK 2.6 billion in cash; Creation of Mitsui/AKOFS Offshore joint venture; cash release of USD 66 million Sale of Frontica Business Solutions to Cognizant for NOK 1 025 million Sale of Fjords Processing to National Oilwell Varco (NOV) for NOK 1 200 million Frontica Advantage joined NES Global Talent in January 2017 · EBITDA for [...]
This is a correction of the announcement from 07:00 09.02.2017 CET. Reason for the correction: EBITDA ex. special items has been corrected to NOK 327 million from NOK 32.7 million in the Subsea table on page 13 in the report. The updated 4Q 2016 report is attached. February 9, 2017 Financial Highlights Sales NOK 6.1 billion in 4Q 2016 vs NOK 7.9 billion in 4Q 2015 EBITDA NOK 380 million vs NOK 182 million a year earlier [...]
February 9, 2017 Financial Highlights Sales NOK 6.1 billion in 4Q 2016 vs NOK 7.9 billion in 4Q 2015 EBITDA NOK 380 million vs NOK 182 million a year earlier EBITDA margin 6.2% vs 2.3% a year earlier EBITDA margin ex. special items 8.8% vs 8.9% a year earlier Loss before interest and taxes NOK 232 million vs NOK 155 million a year earlier EBIT margin -3.8% vs -2% a year earlier EBIT margin ex. special items 5.6% vs 6.1 [...]
February 8, 2017 - Aker Solutions was awarded two framework agreements to provide concept and front-end engineering (FEED) services for BP globally. The first contract is for feasibility and concept engineering and the second is for FEED services covering the full range of upstream developments. Each agreement is for three years with options to extend for two years. The work will involve Aker Solutions teams globally [...]
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