The Røkke company is worth eight billion kroner. Now they have secured a contract that alone is worth seven.
The case is being updated.
Trading with the Røkke company Aker Solutions was stopped on Friday pending news from the company. It was thus not possible to buy or sell shares in the company.
Huge contract
Now it is clear what contracts apply to: a giant contract of as much as seven billion kroner, which the company is set to be awarded by the oil giant Chevron.
The contract is a subsea contract for a so-called gas compression plant on the Jansz-lo field in Australia. The agreement is now being finalized, but is in any case very good news for Aker Solutions, and their shareholders, not least major owner Kjell Inge Røkke, and the share is rising as much as nine percent on the stock exchange.
Stock market breaks are typically something that is canceled if there is major news that will affect the company’s share price, such as an acquisition. The aim is to prevent some players from acting on the basis of inside information.
Also read: Lawsuit against Røkke-owned Aker BP: – We got through on all points
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Aker Solutions is one of Oslo Børs’ largest oil service companies, with a market capitalization of more than NOK 8 billion. Before the stock market break, the company was up three percent on the stock exchange.
The largest owner in Aker Solutions is Røkke’s Aker Group with 33.3 per cent, which also includes the large oil company Aker BP, and the Ministry of Trade and Industry with 12.2 per cent.
Aker Solutions delivers engineering services, fabrication, technology products, maintenance, specialist services and total solutions to the oil industry. The main part of the business includes deliveries to oil, gas and petrochemical plants.
Also read: Sharp deficit for Aker Solutions – dropping dividends
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