Norwegian billionaire Kjell Inge Rokke, who built most of his fortune on oil and gas, says the time has come to start investing more heavily in renewable energy.
Aker Energy has opted to halt development work offshore Ghana in response to the coronavirus pandemic, terminating a contract for a floating production, storage and offloading (FPSO) vessel with Malaysia’s Yinson Holdings.
CEO Jan Arve Haugen of Ghana-focused Aker Energy has resigned, replaced in the interim by Svein Jakob Liknes, who was the company’s head of operations. Changes are also being made to the company’s board.
Aker Energy has changed its plans to develop the Pecan field in Ghana in the face of regulatory complexity.
A survey from the UK’s largest offshore union has found high levels of job insecurity among the contractor workforce in the North Sea.
Watch as heavy seas batter the COSLRival North Sea accommodation rig before it was put out to pasture. The COSLRival was built in 1976 and operated as a full-functioning drilling unit until 2004 when it was converted into an accomodation asset. The rig is currently laid up at Kristiansand, Norway.
The new Aberdeen Western Peripheral Route (AWPR) along with other major infrastructure improvements will help “anchor” the oil and gas supply chain to the north-east.
Unite workers on the Mariner platform have overwhelmingly rejected a pay offer from Aker Solutions aimed at ending an ongoing dispute.
Three offshore unions are balloting members on an offer from Aker Solutions on pay and conditions aimed at ending a dispute on the Mariner platform.
Workers have downed tools on a North Sea oil rig in a protest against alleged poor working conditions.
Aker Energy has struck a deal to acquire Hess’ Ghanaian business for £70million.
Aker Solutions has entered into a collaboration with software company Cognite for use of digital technology to make offshore assets more efficient.
Aker has landed orders from Aker BP for the Skogul and Valhall Flank West oil fields offshore Norway.
Aker solutions has won a NOK1billion deal with Maersk.
Aker Solutions won a contract from Sembcorp Marine to design the living quarters for the Johan Castberg development's floating production, storage and offloading vessel (FPSO).
Aker Soutions has won as string of Johan Casterberg orders with Statoil totalling £357.5million (NOK4billion).
Union members have voted overwhelmingly in favour of industrial action at the Shetland Gas Plant.
Aker has landed a contract with Norwegian operator Statoil.
The head of a major Norwegian industrial investment company has said the North Sea will be one of the busiest regions to work in over the next two to three years.
Aker Solutions was awarded a contract to deliver three umbilicals and associated equipment at ENI's Coral South project, Mozambique's first offshore field development.
The head of data management and analytics at Aker Solutions has revealed that working with Google helped to improve the company’s data handling systems.
Newly-formed Aker BP said today that its integration process was on track after revealing third quarter revenues of $248million.
Aker’s revenue took a hit in the third quarter, according to today’s company results.
Aker has acquired a majority stake in a Brazilian firm.