Aker Arctic Technology Inc has acquired full ownership of Canadian based company Akac Inc, which is well known in the oil and gas industry for its strong knowhow and involvement in the Arctic Offshore projects and operations.
This strategic acquisition strengthens the position of Aker Arctic in the field of Arctic Offshore work. Akac provides tailored solutions and consultancy in order to enhance the operability, efficiency, and safety of offshore operations in ice conditions.
The ownership change will be effective as of 1st June 2015. Akac will continue operations in both their Canadian locations, under the management of newly nominated company president Mr Evan Martin. Akac’s previous owner and founding person Dr. Arno Keinonen will remain in the company and continue to provide his valuable knowhow through his role as Senior Advisor.
The new structure will allow both companies to provide more comprehensive solutions that incorporate the icebreaker design expertise of Aker Arctic with the operational experience of Akac.
Aker Arctic’s existing design and model testing services will be enhanced by incorporating Akac’s practical approach and unique operational expertise in the offshore industry in ice covered waters. Technologies developed by Aker Arctic, such as the vessel simulator for ice environments, will allow Akac to better meet the needs of its clients by expanding the range of operational planning, operator training, and risk based ice management services provided.
Together, the companies will have a larger foundation upon which to develop their expertise.
Both companies will collaborate on common research and development goals such that we can continue to serve our clients’ best interests.
The companies look forward to providing our clients with a full range of ice related engineering services including conceptual and engineering design, model testing, operational planning, field trials, operational support, and training.
– We need to be where our clients are and secondly by teaming together we can better solve our clients challenges in Arctic offshore operations and develop risk and operational services which are based on solid practical experience both from icebreaker building and design and ice management operations, says Mr Suojanen (Aker Arctic Technology Inc).
Aker Arctic has developed 60% of the worlds existing icebreakers and Akac Inc. has a wide range of hands on experience in icemanagement operations.
