Aker Solutions

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Aker Solutions ASA

Company type	Allmennaksjeselskap
Traded as	OSE: AKSO
Industry	Oilfield services Engineering
Predecessor	Aker Mechanical Workshop (1841)
Founded	Aker Solutions (2008) Aker Kværner (2004) Kværner Brug (1853) Aker Mechanical Workshop (1841)
Headquarters	Fornebu, Norway
Area served	Worldwide
Key people	Leif-Arne Langøy (chairman) Kjetel Digre (CEO) Idar Eikrem (CFO)
Revenue	NOK 22,461 million (2017)[1]
Operating income	NOK 571 million (2017)[1]
Net income	1,179,000,000 Norwegian krone (2022)
Total assets	NOK 19,736 million (2017)[1]
Number of employees	6,000
Parent	Aker ASA
Website	www.akersolutions.com

Aker Solutions ASA engineers and builds energy infrastructure while providing a range of products and consultancy services to low-carbon and renewable energy projects. Based in Oslo, the company's offerings to the energy industry include the systems and services required to de-carbonize oil and gas production, build wind-to-grid infrastructure and engineer CO₂ capture and sequestration.^{[citation needed]}

Founded in 1841 as Akers Mekaniske Verksted, the company has been called Aker, Aker Kvaerner and Aker Solutions (2008). In 2020, the company announced a merger with Kværner ASA. In 2023, the company trades on the Oslo stock exchange under the symbol 'AKSO'.

Aker Kværner was founded in 2004 from the major restructuring of a complex "Aker Kværner" business unit formed in 2002 by the merger of Aker Maritime and Kværner Oil & Gas. On 3 April 2008, Aker Kværner was renamed Aker Solutions in part due to the difficulty non-Scandinavians found in pronouncing "Kværner".

The company was majority controlled by Aker ASA until 2007. Then, via major ownership restructuring on 22 June 2007, Aker ASA gave up its holding in Aker Solutions and transferred a 40% stake to Aker Holding,^[2] which in turn was owned by Aker ASA (60%), the Norwegian Ministry of Trade and Industry (30%), SAAB (7.5%) and Investor AB (2.5%).^[3]