Aker Solutions ASA: Business Overview, Financials & Competitive Analysis
Aker Solutions ASA provides solutions, products, systems, and services to the oil and gas industry across multiple continents. The company provides low carbon oil and gas solutions and develops renewable solutions for...
Cyborg Score thesis
Strategic energy transition play balancing legacy oil/gas services with growing renewables and decarbonization solutions, but...
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Get Current Report FreeAker Solutions ASA Overview
Pro stress-test →Aker Solutions ASA provides solutions, products, systems, and services to the oil and gas industry across multiple continents. The company provides low carbon oil and gas solutions and develops renewable solutions for customers around the world.
Strategic Profile
Pro stress-test →Operating through Renewables and Field Development and Life Cycle segments, Aker Solutions offers field planning, specialist engineering, project management, procurement services, floater designs, offshore wind, and carbon capture, utilization and storage solutions. The company combines engineering, procurement, and construction (EPC) services, delivering comprehensive packages that drive efficiency and innovation across the project's lifecycle.
Competitive Landscape
Pro stress-test →Aker Solutions competes with Subsea 7, Nabors Industries, NOV, TechnipFMC, and Petrofac in the oil and gas equipment and services sector. The company differentiates through integrated EPC capabilities and emerging renewable/decarbonization portfolios, competing on both traditional offshore capabilities and energy transition solutions.
Industry Context
Aker Solutions ASA operates in Oil & Gas Equipment & Services / Energy Infrastructure Engineering.
Key facts
Founded: 1841 · Headquarters: Fornebu, Norway · Employees: 11,818 · Revenue: $6.0B (TTM) · Market cap: $2.08B