Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Morning Review
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
    • Insider Transactions
  • inderesTV
  • Portfolio
  • Forum
  • Premium
  • Femme
  • Learn
    • Investing School
    • Q&A
    • Analysis School
  • About Us
    • Our Coverage
    • Team
Regulatory press release

Aker Solutions ASA: Aker Solutions secures significant brownfield services contract from ExxonMobil Canada

Aker Solutions
Read the release

November 5, 2025 - Aker Solutions has signed a five-year enabling contract with ExxonMobil Canada Properties, a partnership, as operator of the Hebron platform. The contract is an extension for brownfield maintenance and modification (M&M) services on the Hebron platform.

The Brownfield M&M contract is a significant1 five-year extension to the original engineering, procurement, and construction (EPC) enabling agreement awarded in 2015. Aker Solutions has delivered platform-wide upgrades and modifications to the Hebron platform since 2015 and has provided multi-disciplinary services to the East Coast Atlantic region for more than 30 years. 

"We will leverage our multi-discipline Project Execution Model to deliver fit-for-purpose solutions with speed and precision, ensuring successful outcomes while reducing costs," said Paal Eikeseth, Executive Vice President and head of Aker Solutions' Life Cycle Business.

The work will be led from Aker Solutions' location in St. John's, Newfoundland and Labrador, where the company has increased its staff from 100 to 350 employees in recent years.

"We are pleased to continue our collaboration with ExxonMobil Properties, as operator of the Hebron platform, offshore Newfoundland and Labrador. Canada is a key market for us, where we take a long-term view and continue to deliver strong customer value through our capabilities," said Eikeseth. 

The contract will be booked as an order intake in the fourth quarter of 2025 in the Life Cycle segment.

1Aker Solutions defines a significant contract as being between NOK 1.5 billion and NOK 2.5 billion.

ENDS

Find us on social media
  • Inderes Forum
  • Youtube
  • Facebook
  • Instagram
  • X (Twitter)
  • Tiktok
  • Linkedin
Get in touch
  • info@inderes.fi
  • +358 10 219 4690
  • Porkkalankatu 5
    00180 Helsinki
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.