Aker Solutions ASA AKSO

Under the agreement, SLB OneSubsea will provide subsea trees, manifolds, umbilicals and control systems for deepwater development.

ExxonMobil has selected SLB’s OneSubsea joint venture to supply subsea production systems for the first phase of its giant Rovuma LNG development in Mozambique

The Norwegian oil and gas contractor announced the appointment of Paal Eikeseth, who has headed its Life Cycle business since 2022, as president and chief executive effective immediately.

Nadara is planning to build the floating offshore wind farm in the North Sea, approximately 120km off the coast of Aberdeenshire in Scotland.

Aker Solutions ASA (AKRTF) reports a 14% revenue decline but remains optimistic with strategic expansions and a robust tender pipeline.

SLB OneSubsea will supply subsea production systems for 13 wells.

Aker Solutions delivered solid financial performance in the second quarter and the first half of 2026. Several key project milestones were met during the quarter. Aker Solutions now expects 2026 revenue to be between NOK 50 and 55 billion with EBITDA margins of around 7.5 percent excluding net profit from SLB OneSubsea.

Aker Solutions has secured a contract with Tussa Energi to supply all electromechanical equipment for the Tussa II hydropower plant, located in the Volda region of western Norway.

Under the contract, Aker Solutions will be responsible for supplying the full range of electromechanical components.

Aker Solutions will supply electromechanical equipment for a major hydropower expansion project in western Norway.

Energy stocks were declining premarket Friday, with the State Street Energy Select Sector SPDR ETF (

The West White Rose platform is scheduled to commence production in 2026.

Aker Solutions has signed a sizeable¹ five-year agreement with Cenovus Energy Inc. for engineering and maintenance services on White Rose field assets.

The contract involves the EPC of the subsea boosting system, including project management, manufacturing and testing services.

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The FEED agreement contains a provision for EPCIC assistance.

Aker Solutions has delivered solid financial results as revenues normalize from peak levels in 2025. The company recorded an order intake in the first quarter of NOK 28.8 billion, lifting the secured order backlog to NOK 80.2 billion at quarter-end. Revenue in 2026 is expected to be around NOK 50 billion with EBITDA-margins excluding net income from SLB OneSubsea in the range of 7.0 to 7.5 percent. In April, the Annual General Meeting approved the total distribution of NOK 8.60 per share in ordi