Solstad Offshore has struck a refinancing deal with Aker that will see the creation of a new company controlled by the Norwegian industrial investor.
Despite "negative performance” in its renewables work, Aker ASA says it will not change its strategic direction.
Aker Energy has six weeks to submit a plan of development for its Pecan project, offshore Ghana, while facing challenges over Russian Lukoil's involvement.
Oil exploration firm Aker BP (OSLO: AKRBP) has been given the go ahead to spud a pilot well in the Norwegian North Sea.
Aker Offshore Winds has unveiled plans for Scotland’s first offshore wind underwater substation.
A £513,000 grant from Scottish Enterprise will help Norwegian industrial software company Aize create 10 new jobs in Scotland.
Aker Solutions is looking to capitalise on the “increasing pace” of the energy transition after its balance sheet took a hefty knock in 2020.
Europe’s largest renewable energy producer Statkraft has announced a team up with Aker Offshore Wind and Aker Horizons on opportunities off Norway.
Premier Oil and Chrysaor have announced the appointment of a new chief financial officer (CFO) for the merged North Sea oil company.
Europe’s oil and gas majors could access a wide pool of investors and “unlock value” by spinning off their renewables assets in initial public offerings (IPOs).
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.