Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Aker boosted by surge in North Sea demand

SOLID ORDER BOOK: Aker Solutions signed a series of deals with North Sea operators last year
SOLID ORDER BOOK: Aker Solutions signed a series of deals with North Sea operators last year

Oilfield engineering service group Aker Solutions said yesterday growing demand for subsea services in the North Sea had helped it to higher turnover and profits.

The Norwegian firm, which employs more than 2,500 people in Aberdeen among a global workforce of around 18,500, added it expected the high level of activity in the region to continue in the coming years.

It also restated its plans for major recruitment in Aberdeen to meet growing demand for its services.

Aker had said previously it wanted to create 300 jobs in the Granite City – mostly in its subsea division – and a further 300 at Aberdeenshire-based Aker Qserv, part of its well-intervention service arm.

Yesterday, the company said turnover last year was £4billion compared with £3.7billion in 2010.

Operating profits in 2011 were £284million, compared with £275million the year before, while pre-tax profits rose by £11.5million to £229million.

Mike Forbes, managing director of maintenance, modifications and operation for Aker Solutions in Aberdeen, said: “We have experienced a positive year in terms of activity, with a series of contract wins and a solid order book for the UK operation across all business segments.

“Throughout the year our global subsea business had a particularly strong order intake, which is also reflected in our order book here in Aberdeen. With this high activity level expected to continue and a number of important development projects due to come on line across the business in the next two to three years, we are investing heavily in a major recruitment programme that will allow us to continue with our ambitious growth strategy.”

Aker signed a series of deals with North Sea operators in 2011, including Dana Petroleum, Statoil and Lundin, with much of the fabrication work for the contracts being carried out in Aberdeen.

More from Energy Voice

Latest Posts