Aker Solutions

Aker Solutions is an engineering company that provides field planning, project management, and procurement services for the oil and gas industry. Read more

AKER SOLUTIONS TOP COMPETITORS OR ALTERNATIVES

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Boskalis is a top competitor of Aker Solutions. Boskalis is a Public company that was founded in 1910 in Papendrecht, Other. Boskalis operates in the Marine industry. Compared to Aker Solutions, Boskalis has 6,396 fewer employees.

Fmc Corp is seen as one of Aker Solutions's biggest rivals. Fmc Corp was founded in 1883, and is headquartered in Philadelphia, Pennsylvania. Fmc Corp operates in the Specialty Chemicals industry. Fmc Corp generates $1.2B more revenue vs. Aker Solutions.

BAM is seen as one of Aker Solutions's top competitors. BAM was founded in Bunnik, Utrecht} in 1869. BAM competes in the Diversified construction industry. Compared to Aker Solutions, BAM generates $4.6B more revenue.

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Aker Solutions Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$3.4B

Aker Solutions's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 2.1B. Over the last three quarters, Aker Solutions's revenue has grown by 203.8%. Specifically, in Q4 2020's revenue was $1.7B; in Q3 2020, it was $581.8M; in Q2 2020, it was $553.4M.

Aker Solutions Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Kvaerner ASA

Jul 2020

Source »
undisclosed
Kvaerner is an engineering and construction services company that offers ship building, process technology and other related services.
Reinertsen AS

Mar 2017

Source »
$24.9M
Reinertsen is a civil engineering, construction and petroleum supply service company that focuses on the offshore oil and gas industry.

These are all the companies that Aker Solutions has acquired. Aker Solutions has acquired 2 companies and its latest acquisition was Kvaerner ASA in Jul 2020. Kvaerner is an engineering and construction services company that offers ship building, process technology and other related services.

Aker Solutions Funding History

No recent funding data found related to Aker Solutions

Aker Solutions Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Principle Power develops and manufactures turbines for the offshore water wind energy markets.
-
Feb 06, 2018
Equity
-

These are all the companies that Aker Solutions has invested in. Aker Solutions has invested 2 companies and its latest investment was Kvaerner ASA in Jul 2020. Kvaerner is an engineering and construction services company that offers ship building, process technology and other related services.

Aker Solutions News

June 10, 2021CompanyNews HQ

Aker Solutions in Malaysian Process

The documentation and information regarding the company set-up have been disclosed in all license ren... See more »
June 10, 2021Channel NewsAsia

Aker Solutions manager charged in Malaysia over alleged false documentation

A Malaysian manager of Norway's largest oil services provider Aker Solutions was charged on Friday ov... See more »
June 10, 2021Gulf Oil and Gas

Aker Solutions in Malaysian Process

An Aker Solutions manager in Malaysia is being questioned by the Malaysian authorities. In December l... See more »
June 9, 2021Markets Insider

Aker Solutions Secures Subsea Services Framework Agreement With Petrobras

OSLO, Norway, June 9, 2021 /PRNewswire/ -- Aker Solutions was awarded a large1 framework agreement fr... See more »
June 8, 2021Gulf Oil and Gas

Aker Solutions Delivers Johan Sverdrup Platform Jacket on Schedule

Aker Solutions has delivered yet another steel substructure for the largest industry project ever in ... See more »
June 7, 2021Markets Insider

Aker Solutions Extends Relationship with Cognizant to Modernize its IT Systems and Help Speed Transition to Renewable Energy

TEANECK, N.J., June 7, 2021 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) announced today that it has exte... See more »
May 28, 2021CompanyNews HQ

Buy-Back of Own Shares for Employee Share Purchase Program

Under the program, employees of the company in Norway may purchase shares in Aker Solutions for an am... See more »

Aker Solutions Press Releases

November 2, 2020Oil and Gas Press

Aker Solutions Announce 3Q 2020 Result

Revenue excluding special items fell to NOK 4.7 billion in the quarter from NOK 7.1 billion a year ea... See more »
September 18, 2020Cision

Announcement of final exchange ratio in relation to the contemplated merger with Aker Solutions ASA

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR... See more »
September 11, 2020Cision

Aker Solutions Secures Maintenance and Modifications Work for ConocoPhillips in Norway

September 11, 2020 - Aker Solutions has secured a three-year contract extension to an existing... See more »
September 9, 2020Cision

Supplemental information

Supplemental information about Aker Solutions ASA and the combined company in relation to the... See more »
July 1, 2020Cision

Invitation to Presentation of Second-Quarter Results for 2020

July 1, 2020 - Aker Solutions will publish its second-quarter results for 2020 on Wednesday, July... See more »
May 29, 2019Business Wire

Aker Solutions and Reser's Fine Foods select Prudential to oversee retirement assets

NEWARK, N.J.--(BUSINESS WIRE)--lt;a href="https://twitter.com/search?q=%24PRU&src=ctag" target="_blan... See more »
May 22, 2019GlobalNewswire

Successfully Completed Bond Issue

May 22, 2019 - Reference is made to the announcement on May 14, 2019. Aker Solutions ASA has today su... See more »

Aker Solutions Videos

November 16, 2020Aker Solutions Youtube Channel

"#PowerTheChange" on YOUTUBE

November 16, 2020Aker Solutions Youtube Channel

"#PowerTheChange (Norwegian)" on YOUTUBE

November 16, 2020Aker Solutions Youtube Channel

"#PowerTheChange (Norwegian subtitles)" on YOUTUBE

July 17, 2020Aker Solutions Youtube Channel

"Aker Solutions og Kvrner slr seg sammen" on YOUTUBE

March 27, 2020Aker Solutions Youtube Channel

"Mobile Test Unit - On the Road" on YOUTUBE

Social Media

Aker Solutions Headquarters

Oksenøyveien 8

Lysaker, Akershus1366

47-67-51-30-00

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Aker Solutions Summary

ABOUT

Overview

Aker Solutions is an engineering company that provides field planning, project management, and procurement services for the oil and gas industry. Aker Solutions was founded in 1841. Aker Solutions' headquarters is located in Lysaker, Akershus, NO 1366...

CEO

Aker Solutions's CEO, Kjetel Digre, currently has an approval rating of 65%. Aker Solutions's primary competitors are Boskalis, Fmc Corp & BAM.

Frequently Asked Questions about Aker Solutions

  1. When was Aker Solutions founded?

    Aker Solutions was founded in 1841
  2. Who is Aker Solutions's CEO?

    Aker Solutions's CEO is Kjetel Digre
  3. How much revenue does Aker Solutions generate?

    Aker Solutions generates $3.4B in revenue
  4. How much funding does Aker Solutions have?

    Aker Solutions has historically raised $0 in funding
  5. Where is Aker Solutions's headquarters?

    Aker Solutions's headquarters is in Lysaker Akershus, NO
  1. How many employees does Aker Solutions have?

    Aker Solutions has 16,000 employees
  2. What sector does Aker Solutions operate in?

    Aker Solutions is in Multi-Utilities, Integrated Oil & Gas, Electric, Water & Gas Utilities
  3. Who are Aker Solutions's competitors?

    Aker Solutions's top competitors are Boskalis, Fmc Corp, BAM
  4. Who has Aker Solutions invested in?

    Aker Solutions's has invested in companies such as Principle Power