Aker Solutions ASALysaker, Norway (Pink Sheets: AKKVF)

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Aker Solutions Company Description

Anglo-Norwegian conglomerate Aker Solutions (formerly Aker Kværner) continues to morph into diverse operations. The company provides design, construction, and maintenance and operation of industrial facilities for the oil and gas, energy, metals and mining, and process industries. The group's subsidiaries provide a large range of services, from installing complex projects in the North Sea to smaller facilities in shallow waters. Process equipment for upstream oil and gas companies, well logs for North Sea oil and gas companies, downhole services, drilling equipment, deck machinery, and mooring systems are all part of the group's offerings. Norewegian holding company Aker ASA controls 40% of the company.

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The Company Description provides a historical perspective of Aker Solutions's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Aker Solutions's evolution in the marketplace.

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