Search results for: Akofs Offshore

112920 results

A list of search results

  • 16 May 2018
    Business & Finance

    Akastor’s subsidiary AKOFS Offshore has signed a letter of intent with Equinor (formerly known as Statoil), for the provision of year-round light well intervention services (LWI) offshore Norway.

  • 16 May 2018
    Operations & Maintenance, Project & Tenders

    AKOFS Offshore, a company owned by Akastor, has entered into a Letter of Intent with Equinor for the provision of year round light well intervention services (LWI) on the Norwegian continental shelf. Pursuant to the Letter of Intent, the contract period is for five years, with an extension option of three years. Contract award is […]

  • 26 September 2018

    Akastor has completed the transfer of 50% of its shares in AKOFS Offshore to Mitsui and MOL (Mitsui O.S.K. Lines) in order to form a joint venture ownership. The closing of the transaction took place on September 26, 2018, following the fulfillment of all closing conditions. Each of Mitsui and MOL purchased 25% of the shares in […]

  • 25 October 2017

    Norwegian oil service investment company Akastor is in advanced discussions with Japanese trading and investment company Mitsui to further expand their current partnership to include AKOFS Offshore.  Akastor-owned AKOFS Offshore is a vessel-based subsea well construction and intervention services provider. Akastor and Mitsui have entered into a memorandum of understanding according to which Mitsui, together with […]

  • 19 June 2018
    Business & Finance

    Norway’s Akastor has agreed to sell a stake in its subsidiary Akofs Offshore to Japanese companies Mitsui and MOL.

  • 19 June 2018
    Business & Finance, Operations & Maintenance

    Akastor has entered into a share purchase agreement with Mitsui and MOL (Mitsui O.S.K. Lines) for transfer of 50% of its shares in AKOFS Offshore in order to form a joint venture ownership. Each of Mitsui and MOL will purchase 25% of the shares in AKOFS Offshore from Akastor. The remaining 50% will continue to […]

  • 26 September 2018
    Business & Finance

    Norway’s Akastor has completed the sale of its 50 percent stake in the offshore service provider AKOFS Offshore.

  • 19 June 2018
    Business & Finance

    Akofs Offshore has been awarded a contract for light well intervention services using the Akofs Seafarer vessel for all Equinor-operated licenses in the period 2020 to 2025.

  • 19 June 2018
    Business & Finance

    MOL is moving into the subsea support vessel business as it decided to buy a stake in AKOFS Offshore AS.

  • 12 November 2018
    Business & Finance

    AKOFS Offshore has selected IKM Subsea to be its ROV partner for a contract with Equinor. 

  • 24 December 2014
    Business & Finance, Operations & Maintenance, Project & Tenders

    OSM Brasil has won prestigious contract with Petrobras, in partnership with AKOFS Offshore, part of Akastor ASA. Petrobras has chartered the Aker Wayfarer for a minimum of five years as a Subsea Equipment Support Vessel. OSM Brasil will be responsible for Aker Wayfarer marine operations in Brazilian Waters and provide Brazilian Marine Crew for the […]

  • 25 October 2017
    Business & Finance, Project & Tenders

    Akastor has informed that it is in advanced discussions with Mitsui, a Japanese trading and investment company, to further expand their current partnership to include AKOFS Offshore. The parties have entered into a Memorandum of Understanding under which Mitsui, together with potential partners, will invest in AKOFS by purchasing 50% of the shares in the company to […]

  • 24 December 2014
    Business & Finance, Equipment

    OSM Brasil has won a contract with Petrobras, in partnership with AKOFS Offshore (part of Akastor ASA).  Petrobras has chartered the Aker Wayfarer for a minimum of five years as a Subsea Equipment Support Vessel. OSM Brasil will be responsible for Aker Wayfarer marine operations in Brazilian Waters and provide Brazilian Marine Crew for the […]

  • 2 November 2015
    Business & Finance, Operations & Maintenance

    Oilfield services investment company, Akastor, has booked a third-quarter 2015 loss as impairments hit the Group’s earnings and revenues slid on weak market. The Oslo-listed company recorded loss of NOK 1.37 billion ($162 million) for the third quarter 2015 and loss for the first nine months of NOK 1.92 billion ($226.6 million). Earnings per share for […]

  • 13 July 2018
    Business & Finance, Operations & Maintenance

    Oilfield services investment company Akastor recorded loss of NOK 251 million ($31 million) for the second-quarter 2018 compared to loss of NOK 321 million ($40 million) same time in 2017. Akastor generated profit of NOK 121 million from continuing operations. However, the result for the second quarter was primarily impacted by impairment of NOK 322 million […]

  • 20 September 2016
    Business & Finance

    Oil services investment firm Akastor has signed a heads of agreement with Japanese Mitsui to create a joint venture with 50/50 ownership between AKOFS Offshore AS (“AKOFS”) and Mitsui. The joint venture will acquire both the Skandi Santos vessel hull from DOF Subsea Rederi AS and the Skandi Santos topside from AKOFS. Subsequently, the joint […]

  • 14 July 2016
    Business & Finance, Equipment, Operations & Maintenance

    Oilfield services investment company, Akastor, has booked a second-quarter 2016 loss as revenue declines in the weak market. The Oslo-listed company recorded loss of NOK 838 million (approx. $100 million) for the second quarter 2016, compared to loss off NOK 298 million ($35.5 million) in the corresponding quarter in 2015. Loss for the first half year was NOK 1.2 […]

  • 5 December 2018
    Equipment

    Siemens has won a contract to upgrade the AKOFS Seafarer vessel with a battery solution, making it the first such upgrade for a well intervention vessel.

  • 19 June 2018
    Business & Finance, Operations & Maintenance, Project & Tenders

    AKOFS Offshore has been awarded a contract for light well intervention services using the Akofs Seafarer vessel for all Equinor-operated licences in the period 2020 to 2025. Equinor is the operator of about 560 subsea wells on stream on the Norwegian continental shelf. The wells require maintenance, repairs and new production actions. In 2017 Equinor […]

  • 29 September 2014
    Business & Finance

    AKOFS Offshore, a part of recently re-named Akastor ASA (former Aker Solutions ASA), has been notified of a five-year contract extension from Petrobras to use the Skandi Santos, a Subsea Equipment Support Vessel in Brazil. The extension, worth about NOK 2.5 billion (USD 387m), will start on March 1, 2015 in direct continuation of current […]

  • 2 February 2016
    Business & Finance, Equipment, Operations & Maintenance

    Allspeeds has supplied Webtool Emergency Disconnection Tools to AKOFS Offshore for its subsea equipment orientation system (SOES) used to install subsea trees. The Webtool cutters are integrated within the SOES providing quick disconnection of the bundles of hydraulic jumpers and electrical flying leads in the event the vessel moves off-station. Deployed on the Skandi Santos […]

  • 29 September 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    AKOFS Offshore, a part of Akastor ASA, has been notified of a five-year contract extension from Petrobras to use the Skandi Santos, a Subsea Equipment Support Vessel in Brazil. The extension, worth about $387 million (NOK 2.5 billion), will start March 1, 2015 in direct continuation of the current contract. The vessel is currently operating […]