Marine Link
Saturday, December 10, 2016

Aker Acquires Thrum Energy to Increase Atlantic Canada Footprint

November 22, 2012

Aker Emplyee: Photo credit Aker Solutions

Aker Emplyee: Photo credit Aker Solutions

Aker Solutions is buying Canadian asset integrity management (AIM) company Thrum Energy Inc.

Thrum Energy is a St. John's, Newfoundland-based asset integrity management company. The company provides a diverse portfolio of quality services to both onshore and offshore assets in Canada.

Asset integrity management (AIM) in Aker Solutions (AKSO.OL) includes maintenance engineering, integrity management and advanced inspection and monitoring solutions, spanning from early design throughout the lifetime of an asset,  a service that helps clients reduce risk and improve availability of their onshore and offshore assets.

The acquisition supports Aker Solutions' growth plans in North America in general and in St. John's and Atlantic Canada in particular. Aker Solutions currently employs 40 people in St. John's. The company is also present in Calgary, Alberta.

"This is an important acquisition both for our AIM business, which we want to grow significantly over the coming years, and for our ability to meet customer expectations in Canada," says Tore Sjursen, head of maintenance, modifications and operations in Aker Solutions.

"We already have a strong presence with the AIM services we offer to customers on the Norwegian and UK continental shelf. With the acquisition of Thrum Energy we will increase our own competence as well as expand our offering to customers geographically," Sjursen says.

The transaction is expected to be closed in Q4 2012. The financial details are undisclosed.
 



 
Maritime Reporter Magazine Cover Nov 2016 - Workboat Edition

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News