Aker Solutions ASA Chosen as Top Supplier for CCS Initiative
Aker Solutions ASA Earns Preferred Supplier Status
Aker Solutions has been honored as the preferred supplier for a pivotal project in the carbon capture and storage (CCS) sector. This selection reinforces the company's commitment to advancing sustainable practices within the energy industry.
Project Scope and Work Details
The scope of this project encompasses engineering, procurement, and construction activities. Aker Solutions aims to leverage its extensive experience and cutting-edge technologies to facilitate the effective execution of this initiative.
Contract Details and Expectations
The contract award is subject to the client's final investment decision (FID) as well as the necessary governmental approvals. Upon receiving the final award, Aker Solutions expects to record a substantial contract as part of its order intake for the Renewables and Field Development segment in the early months of 2025.
Understanding Significant Contracts
Aker Solutions categorizes a significant contract as being valued between NOK 1.5 billion and NOK 2.5 billion. This classification illustrates the scale and importance of the projects that the company undertakes.
Engaging with Media and Investors
For inquiries regarding investor relations, Preben Ørbeck serves as the key contact, while Hallvard Norum is the designated media contact. They are both available to provide additional insights into Aker Solutions’ strategies and this specific project.
Contact Information
Potential investors or media members may reach Preben Ørbeck at +47 470 10 611 for investor-related questions. For media inquiries, Hallvard Norum can be reached at +47 913 80 820.
About Aker Solutions
Aker Solutions is a leading provider of engineering services and advanced technologies aimed at enhancing sustainable energy practices globally. With a strong commitment to innovation and sustainability, the company plays a vital role in various projects aimed at reducing carbon emissions and promoting cleaner energy solutions.
Frequently Asked Questions
What makes Aker Solutions a preferred supplier?
Aker Solutions was selected for its extensive expertise in engineering and construction within the renewable energy sector, particularly in CCS projects.
What is the expected value of the contract?
The anticipated value of the contract is between NOK 1.5 billion and NOK 2.5 billion, categorized as significant by the company.
When is the contract expected to be finalized?
The contract is contingent upon the client's final investment decision and necessary governmental approvals, expected to clarify soon.
Who can I contact for more information?
Preben Ørbeck for investor relations or Hallvard Norum for media inquiries are available to provide further details.
What is Aker Solutions' role in sustainability?
Aker Solutions is committed to sustainability and innovation, developing solutions that help reduce carbon emissions and promote cleaner energy alternatives.
About The Author
Contact Riley Hayes here.
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