Aker Solutions ASA is a global provider of engineering, design, and construction services, as well as equipment and systems, primarily serving the energy sector. The company operates through two main business segments: Renewables and Field Development, and Life Cycle. The Renewables and Field Development segment, which accounted for approximately 73% of the company's NOK 63.2 billion revenue in 2025, focuses on the design and delivery of integrated solutions for offshore and onshore facilities. This includes traditional oil and gas platforms, subsea production systems, and marine operations, alongside a growing portfolio of renewable energy projects such as offshore wind and carbon capture, utilization, and storage (CCUS). The Life Cycle segment, generating around 24% of total revenue, provides maintenance, modification, and asset integrity services designed to extend the operational life of existing energy infrastructure while optimizing performance and reducing carbon emissions. This segment also handles decommissioning and electrification services. Headquartered in Fornebu, Norway, Aker Solutions has a strong geographic footprint in the North Sea, particularly on the Norwegian Continental Shelf, where it frequently partners with major operators like Aker BP and Equinor. The company also operates internationally across the Americas, Africa, and the Asia-Pacific region. Its competitive position is supported by its historical expertise in harsh-environment and deepwater engineering, which it leverages to service both traditional offshore oil and gas fields and emerging low-carbon energy infrastructure.
