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Aker Solutions records €4.4 billion in orders

Aker Solutions posts positive financial results, with order book up 30% on the same period in 2020.|Aker Solutions posts positive financial results, with order book up 30% on the same period in 2020.

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Aker Solutions posts a positive financial balance sheet, with an order book up 30% on 2020.
The Norwegian group is winning contract after contract, aiming for 2021 sales of NOK 28 billion, or over 2.6 billion euros.

Aker Solutions: NOK12.2 billion in orders in Q2 2021

The Group’s order book is up 30% in the second quarter compared with the same period last year.
Orders for the quarter totalled no less than NOK 12.2 billion.
The strongest increase in order intake for several years takes the order book to NOK 45.8 billion, or 4.4 billion euros.

Numerous projects in progress

Aker Solutions has signed several contracts, initially for oil and gas projects.
In fact, the group will be working with Petrobras in Brazil, Shell, Equinor and Hasselmus in Norway, and TotalEnergies in West Africa.
But it’s not stopping there, either, and is also developing projects as part of the energy transition.
Together with ScottishPower Renewables, Aker is developing the East Anglia THREE offshore wind project, the contract for which will run until mid-2022.
In addition, the company is deploying an electric fuel installation aimed at reducing the carbon footprint, for Nordic Electrofuel.
This will involve the production of carbon-neutral synthetic fuels, fossil-based substitutes such as hydrogen.

The company is committed to the energy transition

While Aker Solutions intends to maintain its leading position in oil and gas projects, it also plans to develop other activities.
In particular, it is focusing on renewable energies and low-carbon solutions for oil and gas.

“For the future energy mix, we are one of the few subcontractors able to provide complete solutions,” says the CEO of Aker Solutions.

Indeed, orders related to the energy transition accounted for 60% of the total for the second quarter of 2021.
Finally, if Aker is on target, it hopes to achieve sales of around NOK 28 billion for 2021.

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