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Kværner
Kværner was a Norwegian engineering and construction services company that existed between 1853 and 2005. During its initial decades, the firm was involved in the manufacture of cast iron stoves and hydroelectric turbines. The turbine business was Kværner's leading product throughout the first half of the twentieth century, although it had also branched out into the production of bridges, cranes, and pumps. Kværner underwent a spree of international acquisitions during the 1990s, which included Govan Shipbuilders, Götaverken, Trafalgar House, Vyborg Shipyard; its headquarters were also relocated from Oslo to London during this decade. The heavy debt burden built up by acquiring these businesses, some of which were actually unprofitable, jeopardised the company's continued existence by the start of the twenty-first century. Efforts to stabilise the company included the selling off of Cunard Line and its construction division, as well as the receipt of financial suppo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aker Solutions
Aker Solutions ASA is a Norwegian engineering firm headquartered in Oslo. The firm's production is focused on energy infrastructure, including systems and services required to de-carbonize oil and gas production, build wind-to-grid infrastructure and engineer capture and sequestration. Founded in 1841 as Akers Mekaniske Verksted, the company has been known as Aker, Aker Kvaerner and Aker Solutions (2008). Aker Kværner was founded in 2004 from the major restructuring of a complex "Aker Kværner" business unit formed in 2002 by the merger of Aker Maritime and Kværner Oil & Gas. The company was majority controlled by Aker ASA until 2007. Then, via major ownership restructuring on 22 June 2007, Aker ASA gave up its holding in Aker Solutions and transferred a 40% stake to Aker Holding, which in turn was owned by Aker ASA (60%), the Norwegian Ministry of Trade and Industry (30%), SAAB (7.5%) and Investor AB (2.5%). On 3 April 2008, Aker Kværner was renamed Aker Solutions. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aker ASA
Aker ASA is a Norway, Norwegian industrial investment company with ownership interests concentrated in oil and gas, renewable energy and green technologies, industrial software, seafood and marine biotechnology sectors. The company is listed on Oslo Stock Exchange. Aker's main shareholder is Kjell Inge Røkke, who owns 68.2% per cent of Aker through his company TRG Holding AS. The corporate headquarters are located in Fornebu, Norway. Aker was established in 1841 when Akers Mekaniske Verksted was founded in Oslo. Group companies As of 31 December 2022, Aker's industrial holdings include: *Currently owned **Aker BP **Aker Solutions **Aker Energy **Aker Horizons **Aker BioMarine **Cognite **Salmar Aker Ocean **Aize History The company takes its name from the former Akers mekaniske Verksted, which was Norway's largest shipyard and which closed in 1982. In 1987 one of the surviving companies split off from the shipyard merged with Norcem, creating a large cement group in Norway wi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carl Røtjer
Carl Røtjer (1924–2006) was a Norway, Norwegian businessperson. During the occupation of Norway by Nazi Germany, Røtjer participated in the Norwegian resistance movement, resistance as a member of Milorg's Group 131134. After the war he studied at the Norwegian Institute of Technology, graduating in machine engineering in 1949. He was hired at his father's workplace Kværner Brug in 1950, and in 1958 he was promoted to succeed his father as head of the sheet metal department. In 1963 he became technical director in the company acquired by Kværner, Moss Værft & Dokk, being promoted to chief executive in 1968. In 1973 he joined the corporate management of Kværner. From 1976 to 1986 he was the corporation's director-general, finishing off with three years as chairman of the board until 1989. Røtjer was a fellow of the Norwegian Academy of Technological Sciences, and was a member of the gentleman's club Det Norske Selskab (1818), Det Norske Selskab. He died in December 2006. H ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trafalgar House (company)
Trafalgar House was a British conglomerate with interests in property investment, property development, engineering, construction, shipping, hotels, energy and publishing. It was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. During its later years of operation, it was routinely referred to as being the largest contracting organisation in the UK. The entrepreneur Nigel Broackes, who would be the chairman of Trafalgar House throughout much of its existence, played a key role in the company's emergence during the late 1950s and early 1960s. Broackes worked with the ''Eastern International Investment Trust'' and Commercial Union to build a portfolio of assets that would be the initial footings of the company. Shortly after its floatation during 1963, Trafalgar House leveraged the issuing of shares to fuel its acquisition of various other businesses, which included The Cementation Company, John Brown Engineering, Cleveland Bridge, Redpat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cunard Line
The Cunard Line ( ) is a British shipping and an international cruise line based at Carnival House at Southampton, England, operated by Carnival UK and owned by Carnival Corporation & plc. Since 2011, Cunard and its four ships have been registered in Hamilton, Bermuda. In 1839, Samuel Cunard was awarded the first British transatlantic steamship mail contract, and the next year formed the British and North American Royal Mail Steam-Packet Company in Glasgow with shipowner Sir George Burns together with Robert Napier, the famous Scottish steamship engine designer and builder, to operate the line's four pioneer paddle steamers on the Liverpool–Halifax–Boston route. For most of the next 30 years, Cunard held the Blue Riband for the fastest Atlantic voyage. However, in the 1870s Cunard fell behind its rivals, the White Star Line and the Inman Line. To meet this competition, in 1879 the firm was reorganised as the Cunard Steamship Company Ltd, to raise capital. In 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vyborg Shipyard
Vyborg Shipyard PJSC () is a shipbuilding company located in Vyborg, Russia. The company has a focus on icebreakers and other icegoing vessels for arctic conditions, but the company has also built deep sea semi-submersible floating Oil platform, drilling and production platforms for exploration of oil and gas Offshore drilling, offshore fields. Vyborg Shipyard employs more than 1,500 people. History The shipyard was founded in 1948 and since then has built more than 200 different vessels with deadweight tonnage, deadweight up to 12,000 tons. The total displacement of the built vessels is over 1,550,000 tons. At present the shipyard is able to build different type of vessels with deadweight up to 15,000 tons. When the shipyard builds bigger ships the hulls of the ships will be assembled at the semi-submersible barge ''Atlant'' built at the Vyborg shipyard specially for implementation of the Project 21900 icebreaker, Project 21900M icebreaker order. To launch the icebreaker the bar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shipbuilding
Shipbuilding is the construction of ships and other Watercraft, floating vessels. In modern times, it normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to before recorded history. Until recently, with the development of complex non-maritime technologies, a ship has often represented the most advanced structure that the society building it could produce. Some key industrial advances were developed to support shipbuilding, for instance the sawing of timbers by Saw#Mechanically powered saws, mechanical saws propelled by windmills in Dutch shipyards during the first half of the 17th century. The design process saw the early adoption of the logarithm (invented in 1615) to generate the curves used to produce the shape of a hull (watercraft), hull, especially when scaling up these curves accurately in the mould Lofting, loft. Shipbuilding and ship repairs, both commercial an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oslo Stock Exchange
Oslo Stock Exchange () (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway's only regulated markets for securities trading today. The stock exchange offers a full product range including equities, derivatives and fixed income instruments. The Euronext consortium of European stock exchanges controls Oslo Stock Exchange as of June 2019. History Oslo Børs was established by a law of September 18, 1818. Trading on Oslo Børs commenced on April 15, 1819. In 1881, Oslo Børs became a stock exchange, which means securities were listed. The first listing of securities contained 16 bond series and 23 stocks, including the Norwegian central bank (Norges Bank). Oslo Børs cooperates with London Stock Exchange on trading systems. The exchange has also a partnership with the stock exchanges in Singapore and Toronto (Canada) for a secondary listing of companies. The stock exchange was privatized in 2001, and is, after the merger in 2007, 100% owned by Oslo Børs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allmennaksjeselskap
is the Norway, Norwegian term for a stock-based company. It is usually abbreviated AS, historically often written as A/S. An AS is always a limited company, i.e. the owners cannot be held Legal liability, liable for any debt beyond the stock capital. Public company, Public companies are called (ASA), while companies without limited liability are called (ANS). All AS companies must have a stock capital of at least Norwegian krone, NOK 30,000. In addition, they must have a board of directors, depending on the size of turnover, balance sheet total or number of employees, an auditor. They may appoint a chief executive officer, managing director (MD) or chief executive (CEO). If the company has assets exceeding NOK 3 million, the board must have at least three members and cannot be chairman, chaired by the MD/CEO. Practically all Norwegian companies have a fiscal year from January to December, but some foreign subsidiary, subsidiaries may have a different fiscal year, as is allow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Platform
An oil platform (also called an oil rig, offshore platform, oil production platform, etc.) is a large structure with facilities to extract and process petroleum and natural gas that lie in rock formations beneath the seabed. Many oil platforms will also have facilities to accommodate the workers, although it is also common to have a separate accommodation platform linked by bridge to the production platform. Most commonly, oil platforms engage in activities on the continental shelf, though they can also be used in lakes, inshore waters, and inland seas. Depending on the circumstances, the platform may be fixed to the ocean floor, consist of an artificial island, or float. In some arrangements the main facility may have storage facilities for the processed oil. Remote subsea wells may also be connected to a platform by flow lines and by umbilical connections. These sub-sea facilities may include one or more subsea wells or manifold centres for multiple wells. Offshore drillin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
