Aker Solutions completes AKCS Offshore Partner buy-out

Aker Solutions has taken full ownership of AKCS Offshore Partner, a partnership based in Newfoundland and Labrador that was formed by Aker, SNC-Lavalin and GJ Cahill and Co in 2002 to pursue contracts for the Atlantic Canada oil and gas industry.

The 48-employee partnership has been offering maintenance, modifications and operations (MMO) services.

Financial details of the buy-out have not been disclosed.