In 1987 one of the surviving companies split off from the shipyard merged with Norcem, creating a large cement group in Norway with focus on the offshore industry.

[11] In December 2010, Aker Solutions announced a decision to cultivate its core businesses; consequently, Kvaerner was established, through a demerger, as a specialised EPC (engineering, procurement and construction) company addressing the global market.

[14] Three years later, it was announced that Cognite had doubled its revenue to 340 million Norwegian crowns; it had also opened new offices in Tokyo and Texas to better serve these markets.

[14] In February 2022, the Saudi Arabian oil company Aramco purchase a 7.4 per cent stake in Cognite from Aker in exchange for roughly one billion Norwegian crowns.

[14][16] During July 2020, Aker Solutions announced major restructuring plans, centering on its merger with Kvaerner and the spinning off of its wind development and carbon capture and storage businesses into two separate Oslo-listed entities.

[17][18] That same year, Røkke announced that Aker's strategy for the 2020s was centered around increasing the value of its IT and low carbon energy businesses and a deemphasis of its traditional oil and gas operations.