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Aker Solutions ASA

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Aker Solutions ASA - Energy & Power showcase

Year Founded & Workforce

2004

11,000 Employees

Industry

Energy & Power

Services

Offshore decommissioning services
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Aker Solutions ASA Overview

Aker Solutions ASA was established in the year 2008 with headquarters in Fornebu, Norway. The company is a global provider of products, systems and services to the oil and the gas industry. The company operates currently in 46 locations over 20 countries such as Brazil, Australia, Canada, India, Nigeria and Norway with almost 14,000 employees. Its diversified business is primarily focused on the exploration, development and production and decommissioning. The company offers services from subsea to surface and concept to decommissioning.

Some of the subsidiaries of the company are Aker Solutions Enterprises LDA, C.S.E. Mecânica e Instrumentacâo Ltda, Aker Solutions Ghana Ltd, Aker Solutions APAC Sdn Bhd, Aker Powergas Pvt Ltd and Aker Solutions Asset Integrity and Mgt. Canada Inc. Aker Solutions ASA, competes with companies such as Claxton Engineering, BP PLC., Statoil ASA, AF Gruppen ASA and John Wood Group.

Strategy

The company provides customers with the solutions so that they can operate safely and sustainably develop, operate and retire their assets. Aker Solutions ASA has invested in collaboration with companies that offer maintenance, assembly and commissioning of crane for offshore decommissioning operation services. They also have collaborations with companies such as ABB to provide subsea power and automation technologies to enable more effective oil and gas productions. Aker Solutions ASA also sees it key strategy in expanding its service business internationally. The research and development of the company focuses on sharing resources and aggregate best practice and knowledge to ensure they have competitive edge.

Company Snapshot

$5,249.61M

Revenue

11,000

Employees

2004

Founded

Product Offering

  • Aker Solutions ASA
    • Offshore decommissioning services

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Revenue fell from USD 5,249.6 Mn in 2014 to USD 3,045.8 Mn in 2016.
Aker Solutions ASA — By Business Segment
Series (USD Mn)201420152016
Revenue5,249.63,960.33,045.8

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