Aker Solutions ASA - Company Profile

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Aker Solutions ASA (Aker Solutions) provides 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 provides services during operations and delivers solutions to extend the lifetime of oil and gas fields. Its major customers are international, national, and independent oil and gas companies worldwide. The company has a presence in North America, South America, Asia Pacific, Africa, the Middle East, and Europe. Aker Solutions is headquartered in Lysaker, Norway.

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Headquarters Norway

Address Oksenoyveien 8, Lysaker, 1366


Telephone 47 67 513000

No of Employees 16,026

Industry Energy and Utilities

Ticker Symbol & Exchange AKSO (OSL)

Revenue (2022) $4.3B 40.5% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 363.8% (2022 vs 2021)

Market Cap* $1.6B

Net Profit Margin (2022) XYZ 230.2% (2022 vs 2021)

* As of and is in US$
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Aker Solutions ASA premium industry data and analytics

20+

Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for Aker Solutions ASA.

1

Transmission & Distribution

Access detailed information on all line and substation projects and T&D infrastructure with Aker Solutions ASA.

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Aker Solutions ASA (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Aker Solutions ASA’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

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

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

Year Event Description
2024 Plans/Strategy In January, the company announced plans to acquire 100% stake in Norron.
2023 Contracts/Agreements In December, the company entered into an agreement with Hafslund Oslo Celsio to create carbon capture and storage at the Klemetsrud waste into an energy project in Oslo, Norway.
2023 Contracts/Agreements In November, the company secured a contract from Vattenfall for the Norfolk Vanguard West offshore wind farm off the coast of Norfolk, UK.
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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 England -
No. of Employees 16,026 48,000 48,223 1 4,727
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Leif-Arne Langoy Chairman Executive Board 2021 67
Oyvind Eriksen Deputy Chairman Executive Board - 59
Kjetel Digre Chief Executive Officer Senior Management 2020 -
Idar Eikrem Chief Financial Officer Senior Management 2020 -
Jo Kjetil Krabbe Executive Vice President - Power Solutions Senior Management 2023 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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