Rhea-AI Summary
Aker Solutions has secured a NOK 7 billion contract from Chevron Australia for a subsea gas compression system at the Jansz-Io field off the coast of Western Australia. This major contract involves engineering, procurement, and construction of an all-electric subsea system, expected to start immediately and be completed by 2025. The contract highlights Aker’s advanced subsea technology, which promises lower carbon emissions and greater efficiency compared to traditional methods. This contract follows Aker’s earlier work on the front-end engineering and design awarded in 2019.
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FAQ
What is the current stock price of AKER SOLUTIONS HLDG ASA (AKRTF)?
The current stock price of AKER SOLUTIONS HLDG ASA (AKRTF) is $4.5 as of September 10, 2026.
What is the market cap of AKER SOLUTIONS HLDG ASA (AKRTF)?
The market cap of AKER SOLUTIONS HLDG ASA (AKRTF) is approximately 2.3B.