Aker Solutions ramps up Stockton-on-Tees operation
19 September 2012 - International oil services group Aker Solutions is set to
ramp up its presence in the north east of England. The company aims to create up
to 100 jobs in its new Stockton-on-Tees engineering office over the next three
Aker Solutions' drilling technologies business will be the main occupant in the
new office, which is located right next to the company's current premises at the
Preston Farm industrial estate, Stockton-on-Tees, UK.
The office will house product engineers who will be working on a wide range of
topside drilling equipment. Aker Solutions is one of the top-two global
suppliers of deepwater drilling packages for offshore drilling rigs and
"We are well aware of the excellent oil and gas engineering competence in the
north east of England. We are experiencing significant growth, so we want to tap
into this market to further support both our UK and international customers,"
says Thor Arne HÃ¥verstad, head of Aker Solutions drilling technologies business.
The new engineering office has a capacity of 100 people. Aker Solutions aims to
hire 30 by year-end. But the long-term ambition is to utilise the entire office
"The north east region has a proud industrial heritage with a huge engineering
competence base. Additionally, it contains several excellent educational
institutions that produce exactly the type of competence we need, for example
structural and mechanical engineers. We also know that many engineers commute
from the north east to other parts of the UK. Hopefully our plans will make some
of them consider Stockton-on-Tees as an even more attractive option," adds Thor
Aker Solutions has a history in Stockton-on-Tees that dates back to 1986. Today
the company has approximately 100 employees in Stockton-on-Tees. This team
provides support services to Aker Solutions globally within IT, finance,
accounting and HR. Up to 20 employees will be added to the global business
services operation over the next two years.
The current premises also house a team that provides engineering support on
platform upgrade and maintenance projects on both the UK and Norwegian
continental shelves. In addition, Aker Solutions' specialist recruitment
consultancy, Aker Advantage, also has an office in Stockton-on-Tees.
Aker Solutions will move into its new Stockton-on-Tees office at the end of
Earlier this year Aker Solutions announced that it is looking to grow its
Aberdeen operation with 500 jobs over the next two years. Additionally, the
company aims to build up a 1 700-strong London engineering hub - thereby
creating 1 300 new jobs - by 2015.
Today, Aker Solutions has approximately 3 200 employees in the UK. The company
is one of Scotland's largest employers with a workforce of more than 2 700
people in Aberdeen. In addition to Aberdeen, London and Stockton-on-Tees, the
company has smaller offices and facilities in Great Yarmouth, Hastings,
Maidenhead, and Whitstable. The company employs 25 000 people worldwide, and has
annual revenues of approximately GBP 3.9 billion.
For further information, please contact:
Endre Johansen, VP Corporate Communications, Aker Solutions. Tel:
+47 22 94 58 91, Mob: +47 416 10 605, E-mail: email@example.com
Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 67 51 30 39,
Mob: +47 911 37 194, E-mail: firstname.lastname@example.org
For further information about sourcing and potential subcontracts for this
project, please visit www.akersolutions.com/suppliers
Aker Solutions provides oilfield products, systems and services for customers in
the oil and gas industry world-wide. The company's knowledge and technologies
span from reservoir to production and through the life of a field.
Aker Solutions brings together engineering and technologies for oil and gas
drilling, field development and production. The company employs approximately
25 000 people in more than 30 countries. They apply the knowledge and create and
use technologies that deliver their customers' solutions.
Aker Solutions ASA is the parent company in the group, which consists of a
number of separate legal entities. Aker Solutions is used as the common brand
and trademark for most of these entities. In 2011 Aker Solutions had aggregated
annual revenues of approximately NOK 36.5 billion. The company is listed on the
Oslo Stock Exchange.
This press release may include forward-looking information or statements and is
subject to our disclaimer, see www.akersolutions.com.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Aker Solutions ASA via Thomson Reuters ONE