June 13, 2014 - Aker Solutions has recruited David Phillips from HSBC Global Equity Research as head of industry and investor relations. He will start on June 17.
Phillips, 43, served as global co-head of oil and gas research and managing director at HSBC since mid-2011 after joining the bank as an analyst in 2005. He earlier specialized as an analyst covering the chemicals sector for banks including Commerzbank, Morgan [...]
May 28, 2014 - Aker Solutions has secured a framework agreement to provide engineering, modifications and maintenance services for BP-operated oil and gas fields offshore Norway.
The contract has a period of up to two years valued at maximum NOK 1.8 billion, with options to extend the work by as many as four years. The agreement starts on June 1, 2014, following the expiration of an existing framework contract for [...]
April 30, 2014 - Aker Solutions will split into two companies to speed up a streamlining process that will reduce costs and better position all parts of the group to meet the needs of customers in an increasingly competitive global energy industry.
The Subsea, Umbilicals, Engineering and Maintenance, Modifications and Operations (MMO) areas will form a new company under the Aker Solutions name. The company will be more [...]
* Sales rose to NOK 11.2 billion in the first quarter of 2014 from NOK 10.3 billion in the first quarter of 2013. * Earnings before interest, tax, depreciation and amortization (EBITDA) gained to NOK 1.05 billion in the quarter from NOK 767 million in the year-earlier period when earnings were impacted by losses in the umbilicals and OMA business areas and [...]
April 22, 2014 - Oslo, Norway, and Houston, Texas - Aker Solutions ASA (OSE:AKSO) and Baker Hughes Inc. (NYSE:BHI) have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates and reduce costs for subsea fields.
The non-incorporated alliance will combine Aker Solutions' strengths in subsea production and processing systems with Baker Hughes&apos [...]
April 16, 2014 - Aker Solutions will publish its first-quarter results for 2014 on Wednesday, April 30 at 07.00 a.m. CEST.
We invite investors, analysts and media to the results presentation at Aker Solutions' headquarters. Please note that the location has changed to Snarøyveien 36, Fornebu.
Date: April 30, 2014 Time: 09.00 a.m. CEST Location: Snarøyveien 36, Fornebu, Norway Language: English
April 15, 2014 - Aker Solutions won a contract worth NOK 14 billion from Total to provide a subsea production system for the Kaombo Block 32 development in Angola.
Aker Solutions will deliver 20 subsea manifolds and 65 vertical subsea wellsets. The order also includes associated controls as well as work-over and tie-in systems. The first deliveries are scheduled for the second quarter of 2015.
April 10, 2014 - Aker Solutions ASA has today held its Annual General Meeting. Please find the minutes attached.
All proposals on the agenda were adopted, cf. the notice of the Annual General Meeting published on March 20, 2014.
It was resolved to distribute a dividend of NOK 4.10 per share. The dividend is payable to shareholders holding shares in the company as per the expiration of April 10, 2014. The shares will be [...]
April 9, 2014 - Aker Solutions won a contract worth more than USD 300 million from Petrobras to supply eight manifolds that alternately inject water and gas to increase oil recovery from Brazil's deepwater offshore fields.
The subsea manifolds, designed for water depths of 2,500 meters, will be installed by Petrobras and its partners in deepwater pre-salt field developments. The units have a design life of 30 years [...]
March 20, 2014 - The Annual General Meeting of Aker Solutions ASA will be held on Thursday April 10, 2014, at 12:00 CEST. Please find attached the notice of the meeting, and the attendance form and proxy.
The Nomination Committee's recommendations and supporting documents including the Annual Report for 2013 and the Corporate Responsibility and Governance Report for 2013 are available on [...]
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