Aker Solutions

Oslo, Norway Founded: 1841 • Age: 185 yrs Acquired By Halliburton
Diversified solutions for oil and gas operations are provided worldwide.
Annual revenue $4.6B Latest available
Total funding - 3 rounds
Employees 11780 Tracked headcount
Investors 3 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Aker Solutions

Aker Solutions is a company based in Oslo (Norway) founded in 1841 was acquired by Halliburton in March 2017. It operates as a Professional Services and Managed Services. The company has 11,780 employees as of December 31, 2024. Aker Solutions has completed 4 acquisitions, including CSE Mecanica, Enovate and Unitech Power Systems. Aker Solutions offers products and services including Engineering Services, Renewable Energy Solutions, and Subsea Production Systems. Aker Solutions operates in a competitive market with competitors including AspenTech, CSE Global, Tachyus, SitePro and FutureOn, among others.

  • Headquarter Oslo, Norway
  • Employees 11780 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Technology
    Energy & Utilities
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Aker Solutions Asa
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.6 B (USD)
    45.48
    as on Dec 31, 2024
  • Net Profit
    $234.29 M (USD)
    38.77
    as on Dec 31, 2024
  • EBITDA
    $318.85 M (USD)
    335.54
    as on Dec 31, 2024
  • Latest Funding Round
    $18.61 M (USD), Grant

    Sep 01, 2020

  • Investors
    Halliburton

    & 2 more

  • Employee Count
    11780

    as on Dec 31, 2024

  • Investments & Acquisitions
  • Acquired by
    Halliburton

    & 1 more

    (Mar 14, 2017)

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IPO & Listings of Aker Solutions

Aker Solutions is a publicly listed company on the OSL with ticker symbol AKSO in Norway, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OSL · Ticker: AKSO · Sector: Utilities · Norway

Products & Services of Aker Solutions

Aker Solutions offers a comprehensive portfolio of products and services, including Engineering Services, Renewable Energy Solutions, and Subsea Production Systems.

Product name locked
Category locked
Primary

Engineering services are provided for energy project development.

Product name locked
Category locked
Locked

Renewable energy solutions are developed for sustainable power needs.

Product name locked
Category locked
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Subsea systems are designed for offshore energy extraction.

People of Aker Solutions

Headcount 10000+
Employee Profiles 229
Employee Profiles
People
Idar Eikrem
Chief Financial Officer
People
Ole Eirik Dalbye
SVP People & Organization | Technology & Improvement
People
Linda Hanken
SVP Engineering New Build
People
Sturla Magnus
Executive Vice President, Selected Projects

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Funding Insights of Aker Solutions

Investors in Aker Solutions

Aker Solutions has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Halliburton, EQT and European Union.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
EQT is recognized as a global investment organization focused on value creation.
Locked Locked Locked
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Locked Locked Locked
Oilfield products and services are provided to the energy sector.
Locked Locked Locked
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Investor details for Aker Solutions

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Investments & Acquisitions by Aker Solutions

Aker Solutions has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include CSE Mecanica, Enovate and Unitech Power Systems.

Investments
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Investment portfolio details for Aker Solutions

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of well completion and intervention sector related services
Locked Locked 2002 Locked
Industrial transformers and UPS systems are manufactured and traded.
Locked Locked 1997 Locked
Multiple types of electrical equipment are manufactured.
Locked Locked 1985 Locked
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Complete acquisition details for Aker Solutions

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Financial Statements - Aker Solutions

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Detailed financials for Aker Solutions

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Aker Solutions Comparisons

Aker Solutions Primary company
Description
Diversified solutions for oil and gas operations are provide...
Location
Oslo, Norway
Founded Year
1841
Annual Revenue
$4.6 B (USD)
Net Profit
$234.29 M (USD)
EBITDA
$318.85 M (USD)
Employees
11,780
As of 2024
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Peer comparison for Aker Solutions

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Competitors of Aker Solutions

Aker Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AspenTech, CSE Global, Tachyus, SitePro and FutureOn, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
AI-based software for manufacturing process optimization is offered.
Locked Locked Locked
System integration and automation solutions are provided for industrial applications.
Locked Locked Locked
AI-driven hardware and software are provided for oil production optimization.
Locked Locked Locked
Provider of cloud-based software solutions for water and wastewater management
Locked Locked Locked
Cloud-based digital twin software is provided for oilfield asset management.
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Detailed competitors of Aker Solutions

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Latest news on Aker Solutions

Aker ASA reports first quarter results 2026
MFN by Modular Finance3 months ago
Norway's Aker Q1 NAV rises
Reuters3 months ago
Aker Q1 Net Asset Value At NOK 110 Bln
Reuters3 months ago
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Complete news archive for Aker Solutions

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Frequently Asked Questions about Aker Solutions

Aker Solutions was founded in 1841 and raised its 1st funding round 177 years after it was founded.

Aker Solutions is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

As of Dec 31, 2024, the latest employee count at Aker Solutions is 11,780.

Annual revenue of Aker Solutions is $4.6B as on Dec 31, 2024.

Aker Solutions is involved in providing integrated solutions, products, and services to the global energy sector. The company is focused on enabling low-carbon oil and gas production while also developing renewable energy solutions to address future energy demands. Operations span across front-end studies, engineering services, subsea production systems, and maintenance projects. Strategic partnerships and digital technology are utilized to ensure safe and sustainable project delivery in both offshore and onshore environments.

Aker Solutions's top competitors include AspenTech, SitePro and Tachyus.

Aker Solutions offers Engineering Services, Renewable Energy Solutions, and Subsea Production Systems.

Yes, Aker Solutions is publicly traded on OSL under the ticker symbol AKSO.

Aker Solutions has made 4 acquisitions, including CSE Mecanica, Enovate, and Unitech Power Systems.

Aker Solutions has 3 investors. Key investors include Halliburton, EQT, and European Union.

The ticker symbol of Aker Solutions is AKSO on OSL.

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