Aker Solutions Earnings and Corporate Presentation
Long Term Trends Shaping the Industry
Transforming Businesses
Low Carbon
Consolidation and Collaboration
Alliances and M&A within OFS offering a broader scope within the value
chain. Strong focus in the industry towards collaborative approaches,
especially with the customer
Emergence of New Business Models
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Alignment of production cash flow with spend – outcome based models,
lower capex, renewed approach to life of field cost (Totex). Transition to
services
Role of Gas
Growing operator production share of gas - LNG enabled; longer
step outs, large bore systems, compression, Carbon Capture
People Development
Digitalization
Human Capital
System Innovation
All electric modular systems, unmanned platforms, brownfield
tie ins, subsea compression. Working closely with our clients
to Co-Create solutions, especially with independents
Efficient Operations
Focus on zero incidents, quality and continuous
improvement, carbon footprint, resource usage.
Requirement to maintain industry cost competitiveness.
Focus on Renewables
Increased focused on alternatives such as Wind, Solar
especially from existing clients
Increasing challenge to access and retain the best talent in a changing industry. Requires global resource management, culture development.
Changing competence in a digitalizing industry. Corporate social responsibility.
2019 Aker Solutions
Digitalization
Disruptive business models, offerings and operations – data management, predictive services, analytics, digital twins
May 16, 2019 Slide 21
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