Aker Solutions ASA

Type: Company
Name: Aker Solutions ASA
First reported 9 hours ago - Updated 2 hours ago - 4 reports

Baker Hughes and Aker merge subsea units

Deepwater fields are becoming increasingly costly to develop23/04/2014 Aim to cut costs as customers slash spendingRichard JansenOILFIELD services companies Baker Hughes and Aker Solutions are to merge their subsea divisions, in a bid to cut costs as ... [Published TCE Today - 2 hours ago]
First reported 6 hours ago - Updated 6 hours ago - 1 reports

04.23.14 -- New Study Claims PA Fracking Wells Are Dangerous

SPONSORVisit Schneider Electric at Entelec May 20-22 in Houston to experience demonstrations of our latest communication and control solutions. See how our Smart Oil & Gas Field Solutions optimize oil field operation and production, and how our Pipeline ... [Published Oil and Gas Online - 6 hours ago]
First reported Apr 22 2014 - Updated 10 hours ago - 18 reports

Aker Solutions and Baker Hughes team up to develop subsea production solutions

Aker Solutions has signed an agreement with Baker Hughes to form an alliance to develop technology for production solutions for reducing subsea fields cost.Under the terms of the non-incorporated alliance, Aker Solutions' strengths in subsea production ... [Published Offshore Technology - 10 hours ago]
First reported 10 hours ago - Updated 10 hours ago - 1 reports

Aker Unveils New Concept, the Arctic Drillship (Video)

Aker Solutions has developed a concept for an arctic drillship able to operate in sea ice. Scale model tests shows the Aker Solutions Arctic Drillship is performing as expected.The features which have been introduced are positioning by mooring of a bow ... [Published World Maritime News - 10 hours ago]
First reported 18 hours ago - Updated 13 hours ago - 2 reports

Mideast body agrees $500m National Petro Services buy

DUBAI: A consortium of Gulf-based investors including Fajr Capital and Arab Petroleum Investment Corp (APICORP) have agreed on a deal to acquire Dubai-based oilfield services firm National Petroleum Services, Fajr said yesterday.The transaction, which ... [Published Qatar Peninsula - 14 hours ago]
First reported 19 hours ago - Updated 16 hours ago - 2 reports

Aker wins subsea contract from Total for Kaombo development in Angola

Aker Solutions ASA, an oil services company, has received a contract worth NOK14 billion from Total S.A., an integrated oil and gas company, to provide a subsea production system for the Kaombo Block 32 development in Angola. Aker Solutions will deliver ... [Published Individual.com - 16 hours ago]
First reported Apr 22 2014 - Updated Apr 22 2014 - 1 reports

Global Umbilical Market Analysis 2013 - 2017

Research and Markets (http://www.researchandmarkets.com/research/n97sq4/global_umbilical) has announced the addition of the "Global Umbilical Market: An Analysis (2013 - 2017)" report to their offering. The report 'Global Umbilical Market: An Analysis ... [Published Individual.com - Apr 22 2014]
First reported Apr 22 2014 - Updated Apr 22 2014 - 1 reports

Aker of Norway wins $300m Petrobras contract

Aker Solutions has won a contract worth over $300 million from Petrobras to supply eight manifolds that alternately inject water and gas to increase oil recovery from Brazil’s deep water offshore fields.The subsea manifolds, designed for 2500m water depth, ... [Published Nigeria Daily Independent - Apr 22 2014]
First reported Apr 21 2014 - Updated Apr 21 2014 - 1 reports

UK students "preview" oil and gas careers

Written by — April 21st, 2014 | 27 ViewsOPITO, the UK-based oil and gas skills organization, has teamed up with Aker Solutions, BP, Nexen, Total, Transocean, Urquhart Partnership, Aberdeen University and RGU to provide an opportunity for one hundred ... [Published Oil Online - Apr 21 2014]
First reported Apr 20 2014 - Updated Apr 20 2014 - 1 reports

Top News of the Week of Apr 14 – Apr 20, 2014

1. McDermott to Operate North Sea SpoolbaseMcDermott International, Inc.’s subsidiary has signed an option agreement with PD Ports which gives it the exclusive right to operate a spoolbase to serve projects in the North Sea. McDermott expects to have ... [Published Subsea World News - Apr 20 2014]
First reported Apr 17 2014 - Updated Apr 17 2014 - 1 reports

Aker Solutions wins contract to deliver subsea production system for Total's Kaombo Development in Angola

Aker Solutions won a contract worth NOK 14 billion from Total to provide a subsea production system for the Kaombo Block 32 development in Angola, the company said in its press release.Aker Solutions will deliver 20 subsea manifolds and 65 vertical subsea ... [Published Portnews - Apr 17 2014]
First reported Apr 16 2014 - Updated Apr 16 2014 - 3 reports

Aker Solutions ASA: Invitation to presentation of first-quarter results 2014

Aker Solutions ASA: Invitation to presentation of first-quarter results 2 ... [Published Noodls - Apr 16 2014]
Entities: Aker Solutions ASA

Quotes

"Our joint commitment will strengthen the business of each company and help our customers unlock the vast values that come from subsea production" said Oyvind Eriksen, Aker Solutions' executive chairman
...Against a peer group that has declined from around 5% to 20%, Helix Energy Solutions " ( HLX ) roughly 5% decline doesn't seem quite as bad. More importantly, the company's backlog continues to build and the company is likely looking at many years of well intervention deepwater support work. Helix looks about as undervalued as its peer group, but the company's more aggressive newbuild program and increasing acceptance of the company's well intervention approach could lead to outperformance."
Baker Hughes chairman and chief executive officer Martin Craighead said, "By joining forces, Baker Hughes and Aker Solutions will identify and integrate the most effective combinations of in-well and subsea technologies, enabling greater production rates - efficiently and economically - from subsea fields."
"According to the companies, the solution will help mitigate risk, accelerate output and extend the life of subsea fields while boosting output and increasing recovery rates."

More Content

All (222) | News (214) | Reports (0) | Blogs (5) | Audio/Video (0) | Fact Sheets (1) | Press Releases (2)
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Baker Hughes and Aker merge subsea units [Published TCE Today - 2 hours ago]
Aging Wells And Deepwater Expansion Bodes Well ... [Published Seeking Alpha - 3 hours ago]
Aker Solutions, Baker Hughes partner to develop... [Published Energy Business Review - 4 hours ago]
Baker Hughes’ Aker Solutions Alliance Highlight... [Published Trefis - 6 hours ago]
04.23.14 -- New Study Claims PA Fracking Wells ... [Published Oil and Gas Online - 6 hours ago]
Firms forge new subsea alliance [Published Press and Journal - 9 hours ago]
Aker Solutions and Baker Hughes team up to deve... [Published Offshore Technology - 10 hours ago]
Aker Unveils New Concept, the Arctic Drillship ... [Published World Maritime News - 10 hours ago]
The Pay Zone: Oil Price, Amec, KENTZ, Baker Hug... [Published Proactiveinvestors United Kingdom RSS feed - 11 hours ago]
Well Intervention Market Worth $17.48 Billion B... [Published PRWeb - 13 hours ago]
Aker, Baker Hughes join up down below [Published PetroleumNews.net - 14 hours ago]
Consortium in USD500m deal for National Petrole... [Published Zawya.com - 14 hours ago]
Mideast body agrees $500m National Petro Servic... [Published Qatar Peninsula - 14 hours ago]
NPS to be bought by gulf based consortium [Published Arabian Oil And Gas - 14 hours ago]
Aker wins subsea contract from Total for Kaombo... [Published Individual.com - 16 hours ago]
Gulf investors to acquire firm [Published Gulf Daily News - 18 hours ago]
Aker Solutions ASA : announces big contract fro... [Published 4 Traders - 19 hours ago]
Eni to Start Bids for FLNG Vessel [Published Yahoo! Finance - 23 hours ago]
Baker Hughes to Cooperate with Aker on Subsea T... [Published Natural Gas Europe - Apr 22 2014]
Baker Hughes forms subsea production alliance t... [Published Houston Business Journal - Apr 22 2014]
Baker Hughes forms subsea production unit with ... [Published Fuel Fix - Apr 22 2014]
Baker Hughes, Aker Solutions form subsea alliance [Published Seeking Alpha - Apr 22 2014]
Baker Hughes and Aker Solutions form subsea pro... [Published Penn Energy - Apr 22 2014]
Aker, Baker Hughes Form Subsea Production Alliance [Published E&P Magazine - Apr 22 2014]
Baker Hughes, Aker Solutions join forces offshore [Published UPI - Apr 22 2014]
Technip, Heerema win third giant Angolan oil co... [Published Biz Community - Apr 22 2014]
Aker Solutions and Baker Hughes form subsea pro... [Published Scandinavian Oil-Gas Magazine - Full Feed - Apr 22 2014]
Aker of Norway wins $300m Petrobras contract [Published Nigeria Daily Independent - Apr 22 2014]
Global Umbilical Market Analysis 2013 - 2017 [Published Individual.com - Apr 22 2014]
Aker Solutions and Baker Hughes Form Subsea Pro... [Published Noodls - Apr 22 2014]
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Blogs

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Baker Hughes and Aker Solutions Form Subsea Pro... [Published PR Newswire: Energy - Apr 22 2014]
HOUSTON and OSLO, Norway, April 22, 2014 /PRNewswire/ -- Baker Hughes Incorporated (NYSE:BHI) and Aker Solutions ASA (OSE:AKSO) have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates ...
Overweight oil & gas sector: AmResearch – New S... [Published MaritimeSecurity.Asia - Mar 28 2014]
28 March 2014| last updated at 05:44PM “We maintain our OVERWEIGHT call on the sector, with our BUY calls for SapuraKencana Petroleum, Bumi Armada, Yinson Holdings and Alam Maritim Resources. Our HOLD recommendations are Petronas Gas and Dialog Group,” ...
Discover Hot Isostatic Pressing technology for ... [Published CisionWire - English - Feb 11 2014]
Programme & registration openedThe International HIP Committee (IHC) and the Swedish Steel Producers´ Association, Jernkontoret, are pleased to invite you to the 11th International Conference of Hot Isostatic Pressing, HIP ’14, in Stockholm, Sweden 9–13 ...
"Polar Vortex" Day Market Summary [Published Zero Hedge - Jan 06 2014]
The "polar vortex" ( no, really ) which is about to unleash even record-er cold temperatures upon the US may be the greatest thing to happen to the economy: after all once Q1 GDP estimates miss once again, what better scapegoat to blame it on than cold ...
Futures Unhappy On The First Trading Day Of 2014 [Published Zero Hedge - Jan 02 2014]
The first trading session of previous years has always been a whopper for those betting on central planning and capital flows. In fact, if one adds up the S&P performance on the first trading day of each year going back to 2009 (i.e., 1/2/13: + 2.54%, ...
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Press Releases

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Cargotec's MacGregor completes acquisition of A... [Published GlobeNewswire: Advertising News - Jan 30 2014]
Cargotec to acquire Aker Solutions' mooring and... [Published GlobeNewswire: Advertising News - Oct 30 2013]
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