EnergyWatch

Aker Solutions fishes for contracts worth DKK 60 billion

Norwegian oil service company Aker Solutions sees signs of improvement in the market, especially off of Norway. Yet the second quarter was weaker than the same period last year, according to the interim report Wednesday.

Photo: Hjalmar Otto Fjøsne/Aker Solutions

Aker Solutions, which is controlled by Norwegian magnate Kjell Inge Røkke, booked an operating result for the second quarter of NOK 305 million (EUR 36.85 million). This is a setback compared to the same period last year, in which the result was NOK 563 million, shows the interim report released Wednesday.

The company operates in a market which has been challenged for years by the hesitance to invest and declining activity at oil companies due to the major oil price plunge.

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