Aker Solutions ASA engages in the provision of products, systems, and services to the oil and gas industry. It operates through following segments: Projects, Services, and Other. The Projects segment offers subsea equipment and systems, engineering and procurement in addition to brownfield maintenance, modifications and hook-up. The Services segment covers the subsea lifecycle services and production asset services. The Other segment includes unallocated corporate costs, onerous lease cost and the effect of hedges not qualifying for hedge accounting. The company was founded on May 23, 2014 and is headquartered in Lysaker, Norway.