Aker Solutions has made a last minute strategy switch in the run-up to its company split.
The firm which will be divided into the new Aker Solutions and Akastor at the end of this month has reallocated Aker Geo’s business unit.
Aker Solutions’ board of directors moved to transfer Stavanger-based Aker Geo to Akastor instead of keeping it within the new Aker Solutions as previously announced.
A company spokeswoman said: “The Aker Solutions board decided to transfer Aker Geo to Akastor based on an assessment that synergies with Aker Solutions were limited and that Akastor would be a better owner for the unit.”
Aker Geo has 65 permanent employees, which include geologists, geophysicists and reservoir engineers. It specialises in geological and geophysical interpretation, petrophysics, reservoir modelling and simulation, production technology and operation and wellsite geology.
Energy Voice previously revealed the plans to peel off the business streams in a bid to reduce costs and bolster the company’s subsea and engineering services.