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AKRYY News and Press, Aker Solutions ASA ADR From 03/23/20

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Company Name: Aker Solutions ASA ADR
Stock Symbol: AKRYY
Market: OTC

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AKRYY - Aker Solutions Wins 20-year Umbilicals Master Order with Chevron

OSLO, Norway , March 23, 2020 /PRNewswire/ -- Aker Solutions has entered a master agreement to provide umbilicals for Chevron-operated oil and gas fields in the US Gulf of Mexico. The company also secured the first work order under the new master agreement, to provide 24 kilometers (15 m...

AKRYY - Aker Solutions ASA: Fourth-Quarter Results 2019

OSLO, Norway , Feb. 7, 2020 /PRNewswire/ -- Aker Solutions increased the 2019 fourth quarter revenue to NOK 7.3 billion , a rise of 6 percent compared with the fourth quarter 2018, as the company executed projects according to schedule and won awards in a competitive market. 4Q 2019...

AKRYY - Aker Solutions Awarded FEED Contract for Electrification of Equinor's Troll B and C Platforms

OSLO, Norway , Jan. 15, 2020 /PRNewswire/ -- Aker Solutions has secured a front-end engineering (FEED) study from Equinor to enable power from shore for the Troll B and C platforms, to reduce CO2 emissions from the field. The contract includes an option for the engineering, procu...

AKRYY - Aker Solutions Secures Maintenance and Modifications Services Contract for Vår Energi

OSLO, Norway , Nov. 26, 2019 /PRNewswire/ -- Vår Energi has awarded Aker Solutions a three-year frame agreement for maintenance and modification services, with an option for two additional years. Aker Solutions has delivered maintenance and modifications work for Vår Energi'...

AKRYY - Aker Solutions and Leading Operators Join Forces to Qualify Subsea Gas Separation

OSLO, Norway , Nov. 15, 2019 /PRNewswire/ -- Aker Solutions and a group of the world's leading oil and gas operators have come together in a joint industry project with the aim of making subsea gas separation a reality. Using CO2 injection to increase recovery rates in offshore oil an...

AKRYY - Aker Solutions to Provide Inspection Services for Equinor Assets in Norway

OSLO, Norway , Nov. 15, 2019 /PRNewswire/ -- Aker Solutions has been chosen by Equinor as the main supplier for inspection services for more than 15 operating facilities in Norway . A frame agreement is expected to be signed shortly, covering an initial period of six years with options f...

AKRYY - Aker Solutions Targets Growth in Low Carbon and Renewable Energy

OSLO, Norway , Oct. 23, 2019 /PRNewswire/ -- Aker Solutions aims to generate about half of its revenue from renewable or distinct low carbon solutions by 2030, according to the company's 20/25/30 strategy. The oil and gas industry will remain Aker Solutions' biggest market, but over t...

AKRYY - Aker Solutions ASA: Third-Quarter Results 2019

OSLO, Norway , Oct. 23, 2019 /PRNewswire/ -- Aker Solutions' revenue increased in the third quarter of 2019 compared to the same period a year earlier, as the company experienced higher activity levels across segments with several key deliveries globally. 3Q 2019 Financial Highlights...

AKRYY - Aker Solutions and EDP Renewables to Develop Floating Wind Farm in Ulsan, South Korea

OSLO, Norway , Oct. 18, 2019 /PRNewswire/ -- WindPower Korea, EDP Renewables and Aker Solutions have formed a consortium with the ambition to develop an initial 500 megawatt (MW) floating wind farm off the coast of Ulsan Metropolitan City in South Korea . The consortium was form...

AKRYY - Aker Solutions Launches Intelligent Subsea to Accelerate Offshore Developments and Maximize Performance

OSLO, Norway , Sept. 3, 2019 /PRNewswire/ -- Aker Solutions today launches its Intelligent Subsea offering designed to accelerate field development and maximize performance. The industry has standardized, simplified and reduced the size of equipment in recent years, but a further step...

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