Aker Solutions Reduces Costs and Capital Spending
April 1, 2020 - Aker Solutions is implementing a number of measures to mitigate the effects of the slowdown in activity level triggered by the COVID-19 outbreak and the increased uncertainty following the decline in commodity prices and demand for oil and gas. The company has the resources, organization, competence and assets to maintain current and new activity levels initiated by clients."The first months of 2020 have been unlike anything we have previously experienced. The COVID-19 pandemic, coupled with the sharp drop in demand for oil and gas, has caused significant disruption to the