Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Oslo Bors  >  Akastor ASA    AKA   NO0010215684

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Aker Solutions ASA : Aker Solutions wins 'Cat D' drilling equipment contract

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/28/2012 | 12:50pm CET
"

The development of the new rig concept has been enabled by combination of our field-proven equipment and system expertise, and our flexible and competent engineering capabilities.

"

The development of the Cat D semi-submersible drilling rigs has been initiated by Statoil, the international energy company. The Cat D drilling rig is a new generation drilling and well intervention vessel, purpose made for the needs for North Sea operations. The first contract, for two drilling equipment packages, was announced in the summer of 2011. Now, the customers have exercised options for another two equipment packages.

The two units will be delivered in 2015. The contract includes topside drilling equipment, procurement and commissioning of the rigs at the DSME yard.

"The development of the new rig concept has been enabled by combination of Aker Solutions' field-proven equipment and systems expertise, and our flexible and competent engineering capabilities. We look forward to extend and continue the strong cooperation with DSME, Songa and Statoil," says Thor Arne Håverstad, head of Aker Solutions' drilling technologies business.

Work on the project will start immediately in Kristiansand, Norway, and in other Aker Solutions drilling technologies units in Asker, Norway, Erkelenz, Germany and Houston in the US.

Aker Solutions offers complete drilling equipment packages, including project management, engineering, procurement and commissioning. The company provides the full range of topside drilling equipment and systems, and worldwide customer support through our global drilling lifecycle services organisation.

ENDS

For further information, please contact:

Media:
endre.johansen@akersolutions.com

Investor relations:
lasse.torkildsen@akersolutions.com

Suppliers:
For further information about sourcing and potential subcontracts for this project, please visit www.akersolutions.com/suppliers

Career opportunities:
Visit http://www.akersolutions.com/careers

Aker Solutions provides oilfield products, systems and services for customers in the oil and gas industry world-wide. The company's knowledge and technologies span from reservoir to production and through the life of a field.

Aker Solutions brings together engineering and technologies for oil and gas drilling, field development and production. The company employs approximately 23 500 people in more than 30 countries. They apply the knowledge and create and use technologies that deliver their customers' solutions.

Aker Solutions ASA is the parent company in the group, which consists of a number of separate legal entities. Aker Solutions is used as the common brand and trademark for most of these entities. In 2011 Aker Solutions had aggregated annual revenues of approximately NOK 36.5 billion. The company is listed on the Oslo Stock Exchange.

This press release may include forward-looking information or statements and is subject to our disclaimer, see www.akersolutions.com.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

distributed by

This press release was issued by Aker Solutions ASA and was initially posted at http://www.akersolutions.com/en/Global-menu/Media/Press-Releases/All/2012/Aker-Solutions-wins-Cat-D- drilling-equipment-contract/ . It was distributed, unedited and unaltered, by noodls on 2012-03-28 12:40:21 PM. The issuer is solely responsible for the accuracy of the information contained therein.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on AKASTOR ASA
01/18 AKASTOR : Aker Solutions Joins International Association of Oil & Gas Producers
01/06 AKASTOR ASA : Akastor completes transaction to join Frontica Advantage with NES ..
2016 COGNIZANT TECHNOLOGY : Acquires frontica unit
2016 AKASTOR : Advancing the Next Generation in Subsea Compression Technology
2016 AKASTOR : Nimbler New Low-Cost Platform Unlocks Marginal Fields
2016 COGNIZANT TECHNOLOGY : To buy norwegian company for $128 million
2016 AKASTOR ASA : Akastor agrees to sell Frontica IT business to Cognizant
2016 Dof subsea rederi as - sale of skandi santos.
2016AKASTOR ASA : half-yearly earnings release
2016 Statoil gets head start with Johan Sverdrup platforms
More news
Sector news : Oil Related Services and Equipment - NEC
01/20DJSCHLUMBERGER : U.S. Oil Producers Ramp Up Spending--Update
01/20DJSCHLUMBERGER : Looks Towards Growth After Posting Another Quarterly Loss -- Upda..
01/20DJSCHLUMBERGER : Posts Another Loss But Looks Towards Growth
01/20DJHALLIBURTON : Oil-Field Services Company Keane Group Prices Upsized IPO at High ..
01/13DJBAKER HUGHES INCORPORATED : U.S. Oil Rig Count Falls By Seven, Baker Hughes Says
More sector news : Oil Related Services and Equipment - NEC
News from SeekingAlpha
2016 AKASTOR reports Q3 results
2016 Akastor's (AKKVF) CEO Kristian Røkke on Q2 2016 Results - Earnings Call Trans..
2016 AKASTOR reports Q2 results
2016 Akastor misses by $0.56, misses on revenue
2016 AKASTOR ASA ASA reports Q4 results
Advertisement
Financials ( NOK)
Sales 2016 8 762 M
EBIT 2016 -625 M
Net income 2016 -1 230 M
Debt 2016 3 241 M
Yield 2016 -
P/E ratio 2016 -
P/E ratio 2017
EV / Sales 2016 0,89x
EV / Sales 2017 1,08x
Capitalization 4 548 M
More Financials
Chart AKASTOR ASA
Duration : Period :
Akastor ASA Technical Analysis Chart | AKA | NO0010215684 | 4-Traders
Full-screen chart
Technical analysis trends AKASTOR ASA
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 11
Average target price 13,7  NOK
Spread / Average Target -17%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Kristian Monsen Røkke Chief Executive Officer
Frank Ove Reite Chairman
Leif Hejø Borge Chief Financial Officer
Øyvind Eriksen Director
Sarah Elizabeth Ryan Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
AKASTOR ASA-5.56%541
SCHLUMBERGER LIMITED.3.03%120 334
HALLIBURTON COMPANY4.36%48 798
BAKER HUGHES INCORPORA..-4.60%26 205
NATIONAL-OILWELL VARCO..4.38%14 760
CORE LABORATORIES N.V.2.73%5 440
More Results