Norway’s Aker Bets On Software Engineers for Its Oil Business

By Shadia Nasralla and Gwladys Fouche STAVANGER, Norway, Sept 19 (Reuters) - When the owners of Norwegian oil firm Aker BP decided to digitise its assets and operations, they searched high and low for the right software company. But they failed to find a suitable one. So instead they set up their own, Cognite https://www.cognite.com, to create digital maps of Aker BP's … [Read more...]

Oil and Gas Specialist Aker Solutions Invests in Offshore Floating Wind

Offshore oil and gas industry service provider Aker Solutions is expanding into the offshore floating wind market through an investment in Emeryville, California-based Principle Power Inc., maker of the WindFloat floating wind turbine foundation. Aker Solutions has an extensive track record in developing offshore oil and gas fields, with particular capabilities in floating … [Read more...]

Norwegian Billionaire, Pledging to Give Away Fortune, Orders Advanced Research Vessel

Norwegian shipping and offshore magnate Kjell Inge Roekke plans give away the 'lion's share' of his estimated $2 billion fortune beginning with the construction of a large research and expedition ship to study ocean sustainability. The vessel, which will operate in partnership with the World Wide Fund for Nature's Norwegian unit, will have a crew of 30 and will offer … [Read more...]

Aker Said to Weigh Sale of Norway Oil-Services Firm

By Matthew Monks, Dinesh Nair, Ed Hammond and Mikael Holter (Bloomberg) -- Aker ASA, the investment company controlled by Norwegian billionaire Kjell Inge Rokke, is considering a sale of offshore-engineering business Aker Solutions ASA, according to people familiar with the matter. Aker ASA, which owns more than a third of Aker Solutions via a holding company with the … [Read more...]

Aker Solutions To Offer Design Solutions For Johan Sverdrup’s Future Phases

Aker Solutions will perform a concept study on a new processing platform for future phases of Johan Sverdrup field in Norway's North Sea. Under the study, being carried out under the Johan Sverdrup’s framework engineering agreement won by Aker Solutions in 2013, the company will provide design solutions for a tie-in of the platform and future satellites to the field … [Read more...]