Cooperating with conviction to future proof our industry
How can the supply chain seize emerging business opportunities as our industry transitions towards a lower carbon economy?
Aker Solutions
Employers and unions vow to find alternative to key North Sea agreement
Offshore contracting firms and unions have committed to hammering out a “framework” to replace a key UK North Sea collective bargaining agreement.
‘Clarity’ for North Sea supply chain vital to achieve energy transition targets, Aker Solutions chief says
The UK head of Aker Solutions has called for more “clarity” over how North Sea supply chain firms will fit into the energy transition.
Aker Solutions to cut dozens of offshore roles after Equinor puts North Sea project on hold
Aker Solutions will axe 44 offshore jobs after client Equinor shelved a UK North Sea project due to the oil price rout and Covid-19 outbreak.
Aker Solutions agrees £140m extension deal with Aker BP
Nordic engineering firm Aker Solutions has agreed a multi-million pound contract extension deal with oil exploration company Aker BP.
Aker Solutions chief financial officer hands in his notice
The chief financial officer of Aker Solutions has announced plans to leave the company less than a year his appointment and without a replacement being found.
The Aberdeen Clinic ramps up to 500 offshore worker tests per day
An Aberdeen firm has ramped up to testing more than 500 offshore workers per day for Covid-19.
‘Desperate situation’ for North Sea oilfield service firms as furlough costing six figure sums
Many North Sea oilfield service firms are being left in a “desperate situation” over whether to axe staff or pay mounting maintenance costs to keep them on furlough.
OGUK enlists BP, Shell, Wood bosses to fathom North Sea recovery as ‘hard decisions’ loom
An oil industry representative body has announced the formation of a North Sea recovery taskforce as “hard decisions” start to bear down over thousands of redundancies in the sector.
Ripping up key offshore deal goes against ‘every principle’ held by sector, union boss says
A trade union boss has said offshore contractors’ plans to scrap a blanket deal covering thousands of workers went against “every principle” championed by North Sea industry.
Aker Solutions slips into the red in Q1 2020 as it faces ‘disruptive’ year ahead
Offshore engineering firm Aker Solutions slipped into the red in the first quarter of 2020 as the firm faces a "disruptive" year due to market uncertainty.
Office market has ‘strong’ start in Q1
New research by global property giant CBRE has revealed a healthy start to 2020 for the office market in and around Aberdeen.
Aker Solutions anticipates revenue hit due to ‘considerably’ reduced activity
Offshore engineering firm Aker Solutions expects revenues to decline thanks to "considerably" reduced activity from operations due to the Covid-19 pandemic fallout.
Deal to save ‘thousands’ of North Sea jobs hammered out
A deal has been struck to protect hundreds, and potentially thousands, of North Sea jobs during the coronavirus outbreak.
Aker Solutions warns temp workers in Norway of potential job losses
Aker Solutions has warned contractors in Norway of potential job losses amid fears work will slow down due to the coronavirus spread.
Giving youth a chance
While the discussion about the future of the north-east energy sector rages on, young people in the industry are having to reposition themselves in a world that views them as the great new hope and the torchbearers of a quickly changing power system.
Aker Solutions says digital and low-carbon investment starting to pay off
Investment in digitalisation and low-carbon technology were key to helping Aker Solutions grow its revenue and earnings last year, the Norwegian energy services firm said.
North Sea contract award sets ‘alarm bells ringing’
A North Sea deal between one of the basin’s biggest producers and a little-known consortium has set “alarm bells ringing” in the UK offshore oil and gas sector, a trade union boss has said.
Equinor picks Aker Solutions for power-from-shore project
Equinor has picked Aker Solutions to carry out a front-end engineering and design study for topside modifications to accommodate power from shore at the Troll B and C platforms.
Aker Solutions, Subsea 7 get nod for Norwegian project
Aker Solutions and Subsea 7 will deliver the second phase of the Aerfugl project off Norway for Aker BP.
North Sea equipment sharing scheme could be revived next year
An innovative North Sea equipment sharing scheme devised to save companies time and money on ordering new gear could be revived next year.
Aker Solutions picked for £100m Equinor gig
Equinor has handed Aker Solutions a £100 million deal to provide inspection services on more than 15 of its installations off Norway.
Contractors move to block unskilled labour ahead of ‘challenging shutdown period’
Several North Sea contractors have joined forces to prevent unskilled workers entering the market as a “challenging shutdown period” approaches.
‘Difficult times ahead’ – OGTC chief on digital transition
The chief executive of the Oil and Gas Technology Centre (OGTC) has forecasted “some difficult times ahead” as the industry embraces digital innovations.
Aker Solutions warns of earnings and revenue drop in 2020
Aker Solutions has warned that revenue and earnings are expected to dip next year as it fights for work in a “very competitive market”.