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Aker Solutions Makes Second Norwegian Drilling Technology Purchase

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May 18, 2012

Aker Solutions ASA, Oslo, (Oslo: AKSO) plans to buy Lyngdal, Norway-based mechanical workshop company Lyngdal Mek. Verksted for an undisclosed price.

The deal increases Aker Solutions’ capacity to assemble, test and overhaul drilling equipment especially for the North Sea market.

Lyngdal Mek. Verksted has about 6,500 square meters of workshop area suited for large overhaul jobs. During the past five years, Lyngdal Mek. Verksted has been a key sub-supplier to Aker Solutions' drilling technologies business. LMV's current scope of work for Aker Solutions includes assembly and testing, as well as ...

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