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aker solutions asa (AKSO) Details

Aker Solutions ASA provides products, systems, and services to the oil and gas industry worldwide. The company operates through Projects and Services segments. It offers field planning, feasibility, and concept studies; floater designs; offshore wind farm planning, installation, commissioning, operations, and maintenance services; and riser solutions for water depth and environmental conditions. The company also provides engineering, project management, and procurement services, such as design of offshore oil and gas production facilities, and onshore receiving and processing facilities; jacket designs; subsea production systems; subsea trees; and control systems. In addition, it offers subsea wellheads engineering, manufacturing, installation, and life-of-field support services, including umbilical systems, subsea structures, tie-in systems, subsea compression and pump systems, subsea power distribution and processing systems, and intervention and workover systems; lifecycle, hook-up and completion, maintenance, modification, asset integrity management, and yards and fabrication services, as well as carbon capture, utilization, and storage services. Aker Solutions ASA was founded in 1841 and is headquartered in Fornebu, Norway.

14,705 Employees
Last Reported Date: 03/16/19
Founded in 1841

aker solutions asa (AKSO) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: 14.9M NOK
Chief Financial Officer
Total Annual Compensation: 6.1M NOK
Chief Operating Officer & Executive VP of Sub...
Total Annual Compensation: 7.5M NOK
Executive Vice President of Strategy
Total Annual Compensation: 6.7M NOK
Executive Vice President of Products
Total Annual Compensation: 5.5M NOK
Compensation as of Fiscal Year 2018.
aker solutions asa
Aker Solutions ASA - Special Call

Aker Solutions ASA - Special Call

Aker Solutions Launches Software Company to Optimise Field Operations

Aker Solutions has established a software and digital services company called ix3 to enable oil and gas operators to optimise field performance. ix3 has developed a digital twin platform called Integral which combines engineering, manufacturing and test data with live-streamed operational data. The platform can be leveraged to monitor, maintain, evaluate and optimise energy assets throughout the life cycle from concept designing to its decommissioning. It also facilitates decision making process and helps the operator to increase efficiency of the assets.

Aker Solutions Provides Revenue Guidance for the Full Year 2019

Aker Solutions provided revenue guidance for the full year 2019. For the year, the company sees overall 2019 revenue up close to 10% year-on-year with growth in both Projects and in Services.


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Valuation AKSO Industry Range
Price/Earnings 16.0x
Price/Sales 0.3x
Price/Book 1.2x
Price/Cash Flow 6.3x
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