Investor (2.5%). In 2007, the company was identified by Amnesty International as an accessory to torture and other human rights abuses for its collaboration in constructing and maintaining the US detention camp at Guantanamo Bay. Aker Solutions: 2008 to 2020 During the AGM held on 3 April 2008, Aker Kværner announced that it was rebranding as Aker Solutions, referencing the connection with Aker's businesses heritage, but also recognizing that non-Scandinavians find the name Kværner difficult to pronounce. The new company trades under the symbol 'AKSO' on the Oslo stock exchange. Between April 2010 and June 2010, the company was awarded three contracts by Noble Energy to supply steel tube umbilicals, a complete mono-ethylene glycol (MEG) reclamation unit, and subsea control equipment for the construction of offshore oil platforms in the Tamar gas field in Israel. Together, the contracts were worth NOK 1.1 billion. However, on 6 May 2011, the Kværner name re-emerged when Aker Solutions' EPC (engineering, procurement and construction) division was rebadged, with the resulting new company being spun off and listed on Oslo Stock Exchange in 2011/Q3. Aker Solutions' holding company – Aker Holdings AS – was also renamed to Aker Kværner Holding AS owning around 40% of Kværner ASA. Aker ASA took over the 10% stake owned by Saab and Investor AB, raising its stake in Aker Kværner Holding AS to 70%. In 2014, Aker Solutions was further divided to two companies, Aker Solutions and Akastor, then in August Aker Solutions leased the entire first phase of the new Aberdeen International Business Park as part of a consolidation and strengthening of its oilfield services in and around Aberdeen, Scotland. However, on 18 February 2015, the company announced the loss of around 300 jobs in Norway as a response to falling oil prices and the decline in demand for drilling services. In November 2020 Aker Solutions merged with Kværner ASA. See also Sea Launch List of companies Aker Maritime Aker Holding References External links 2017 Annual Report Oil companies of Norway Oilfield services companies Engineering companies of Norway Shipbuilding companies of Norway Aker ASA Companies based in Oslo Energy companies established in 2008 Manufacturing companies established in 2008 Non-renewable resource companies established in 2008 Norwegian companies established in 2008 Companies listed on the Oslo Stock Exchange