Norwegian oilfield services company Aker Solutions posted an increase in profit and revenues as its orders almost doubled in the second quarter of 2018 compared to a year earlier amid a pickup in activity.
In its 2Q 2018 report on Thursday Aker Solutions said that its orders totaled NOK 5.7 billion ($703 million) in the quarter, bringing the backlog to NOK 37 billion ($4.6 billion), with most projects coming from Norway.
Revenue rose to NOK 6.3 billion in the second quarter 2018 from NOK 5.4 billion a year earlier, driven by increased North Sea modifications work and continued progress on a number of key projects.
Brazil Energy Insight 
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