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Aker Solutions Secures Substantial Contract with ConocoPhillips

Story Highlights
  • Aker Solutions signed a six-year agreement with ConocoPhillips for offshore services.
  • The contract highlights Aker Solutions’ industry strength and operational efficiency.
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Aker Solutions Secures Substantial Contract with ConocoPhillips

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Aker Solutions ASA ( (GB:0QXP) ) has provided an announcement.

Aker Solutions has secured a six-year frame agreement with ConocoPhillips Skandinavia AS for brownfield maintenance and modification services on the Eldfisk and Ekofisk fields offshore Norway, with potential extensions. This contract, classified as substantial, underscores Aker Solutions’ strong industry positioning and commitment to efficient, cost-effective operations while ensuring safety, and it will provide significant work for the company’s Norwegian facilities and offshore employees.

The most recent analyst rating on (GB:0QXP) stock is a Hold with a NOK33.00 price target. To see the full list of analyst forecasts on Aker Solutions ASA stock, see the GB:0QXP Stock Forecast page.

More about Aker Solutions ASA

Aker Solutions delivers integrated solutions, products, and services to the global energy industry, focusing on enabling low-carbon oil and gas production and developing renewable solutions. The company employs approximately 12,000 people across more than 15 countries.

Average Trading Volume: 858,794

Current Market Cap: NOK14.89B

For an in-depth examination of 0QXP stock, go to TipRanks’ Overview page.

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