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Aker Solutions ASA (Aker Solutions) is a provider of engineering, design, production systems and services to the oil and gas industry. It offers subsea production equipment and offshore field design, ranging from concept studies, and front-end engineering to subsea production systems. It also carries out the maintenance and modifications work and provide services during operations and deliver solutions to extend the lifetime of oil and gas fields. Its major customers are international, national and independent oil and gas companies across the world. The company has presence in North America, South America, Asia Pacific, Africa, Middle East and Europe. Aker Solutions is headquartered in Lysaker, Norway.

Headquarters Norway

Address Oksenoyveien 8, Lysaker, 1366


Telephone 47 67 513000

No of Employees 15,012

Industry Energy and Utilities

Ticker Symbol & Exchange AKSO (OSL)

Revenue (2020) $3.4B 0.3% (2020 vs 2019)

EPS XXX

Net Income (2020) XXX 116.5% (2020 vs 2019)

Market Cap* $1.7B

Net Profit Margin (2020) XXX 116.4% (2020 vs 2019)

* As of and is in US$

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Power Plants

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Products and Services

Products Services
Subsea Maintenance, Modifications and Operations
Manifolds and Structures Subsurface and Well Services
Intervention and Workover Systems Subsea Lifecycle Services
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XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In August, the company, Schlumberger and Subsea 7 entered into agreements to form a joint venture to deliver a step change in subsea production economics.
2022 Contracts/Agreements In August, the company won a contract from Shell to build an offshore platform for Britain’s Jackdaw gas field.
2022 Contracts/Agreements In August, the company and Aker BP awarded a Rosenberg Worley a letter of intent for the construction of two modules for the new central platform on the Valhall field in the North Sea.
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Competitor Comparison

Key Parameters Aker Solutions ASA Halliburton Co Worley Ltd Subsea 7 SA Archer Ltd
Headquarters Norway United States of America Australia United Kingdom Bermuda
City Lysaker Houston North Sydney Sutton Hamilton
State/Province - Texas New South Wales - -
No. of Employees 15,012 40,000 51,000 - 4,500
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Leif-Arne Langoy Chairman Executive Board 2021 65
Oyvind Eriksen Deputy Chairman Executive Board - 57
Kjetel Digre Chief Executive Officer Senior Management 2020 -
Idar Eikrem Chief Financial Officer Senior Management 2020 -
Kari Ertresvag Senior Vice President - Communications Senior Management 2022 -
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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