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Aker Solutions bagged more orders in Q4 than usual

The fourth quarter 2017 became Aker Solutions' best in years in terms of winning orders. With lower costs in the oil sector and more approved projects, things are looking good, says CEO in the company's interim report.

Photo: Hjalmar Otto Fjøsne/Aker Solutions

More orders went to Aker Solutions in the fourth quarter. The Norwegian supplier received more orders from Statoil in particular, and the final months of 2017 were the best in years, says Aker Solutions in its interim report, noting orders for a total NOK 13.4 billion (USD 1.7 billion).

"We're seeing increasing signs of recovery as break-even costs come down and more projects are sanctioned, particularly offshore Norway where we are well-positioned," says CEO Luis Araujo in the report.

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