Mid-20th century: Kvaerner and Aker were both international corporations with activities in shipbuilding, hydro-power, wood-processing and other process operations, mechanical workshops and other industries.
1970s-90s The companies developed their capabilities and experience as suppliers of complete solutions to offshore and onshore oil and gas and processing projects.
2002 The former Kvaerner Group and the Aker Maritime group (comprising the oil and gas activities of the wider Aker group) were merged, and started to operate as one company under the name Kvaerner.
2004 Following a restructuring of both Aker and Kvaerner, Aker Kvaerner was established and was listed on the Oslo Stock Exchange.
2008 Aker Kvaerner changed its name to Aker Solutions.
2011 Kvaerner was demerged as a specialist EPC (engineering, procurement and construction) company addressing the global market.
Sources of Information
- The Times Aug. 13, 1996
-  Kvaerner