- Business
- Aker ASA is a Norwegian industrial investment company that exercises active ownership in portfolio companies across oil and gas, renewable energy and green technologies, industrial software, seafood and marine biotechnology sectors. The company, founded in 1841 and headquartered in Fornebu, Norway, holds significant stakes in key subsidiaries including Aker BP, an independent upstream oil and gas producer on the Norwegian Continental Shelf; Aker Solutions, which provides engineering, products and services for low-carbon oil and gas production; Aker Horizons, focused on renewable energy solutions such as carbon capture, clean hydrogen and offshore wind; Aker BioMarine, a producer of krill-based ingredients and marine biotech products; Cognite, an industrial software provider for data contextualization and digital twins; and Aize, a developer of AI-driven industrial agent technology; with additional financial investments and asset management activities. Aker operates primarily through its industrial holdings and financial investments segments, targeting long-term value creation for shareholders with a geographic footprint spanning Norway, Europe, North America, South America and international markets, and employs approximately 35,000 people across its owned companies in 60 countries. Recent developments include Aker's investment of $285 million in September 2025 to acquire a 9.3% stake in Nscale, a data center and AI infrastructure provider, as part of a $1.1 billion funding round; the completion in September 2025 of a merger between Aker Horizons Holding AS and AKH HoldCo AS, delivering additional Aker ASA shares to Aker Horizons shareholders; the sale in May 2025 by Aker Carbon Capture of its 20% interest in SLB Capturi to an Aker ASA subsidiary; and SLB Group's acquisition of a majority stake in Aker Carbon Capture in 2024.