Aker Solutions forms new offshore company with AF Gruppen

Aker Solutions and AF Gruppen have signed an letter of intent concerning the merger of the two companies' existing offshore decommissioning operations.

Photo: PR / Aker Solutions

Norwegian offshore service operator Aker Solutions has teamed up with contractor and manufacturer AF Gruppen to dismantle and recycle decommissioned oil platforms, writes AF Gruppen in a press release.

The two companies will set up a joint "recycling and decommissioning company." AF Gruppen adds that the company will have an order backlog of approximately NOK 2.5 billion (USD 290 million).

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Bawat targets Stockholm listing to raise fresh capital

With an IPO in Stockholm, ballast water system supplier Bawat aims to secure capital for the company’s continued development. The listing comes just six months after the company’s latest cash injection. ShippingWatch has spoken to CEO Marcus Hummer.

Further reading

Related articles

Latest news

See all jobs