Enovate Systems Ltd News

Aker Solutions Acquire UK Subsea Company

Aker Solutions has agreed to acquire a majority stake in Aberdeen-based Enovate Systems Ltd. Enovate Systems Limited is a leading technology company within the subsea well control equipment sector. The financial details of the acquisition are undisclosed. Enovate, which currently employs 62 people, has developed a wide range of unique and patented components and products for use in open water workover systems, in riser workover systems, rigless intervention systems and drilling safety systems. Specific advantages are superior cutting and sealing capabilities and the unique use of complete metal-to-metal sealing solutions which significantly reduce the probability of leakage and improve safety.