Search results for: akofs seafarer

2047 results

A list of search results

  • 5 December 2018
    Equipment

    AKOFS Offshore’s AKOFS Seafarer well intervention vessel has been upgraded with Siemens BlueVault Energy Storage Solution. ​AKOFS Seafarer is the first existing well intervention vessel to be upgraded with a battery solution, the company said. The delivery will include Siemens BlueVault Energy Storage Solution including batteries from the company’s new production facility in Trondheim. The […]

  • 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

    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, 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 […]

  • 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 […]

  • 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 […]

  • 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 […]

  • 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.

  • 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 […]

  • 12 November 2018
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    AKOFS Offshore has selected IKM Subsea to be their ROV partner for the contract signed with Equinor earlier this year. Equinor awarded AKOFS a five + three-year light well intervention (LWI) services contract on the Norwegian continental shelf (NCS). “We are pleased to award this important part of the delivery to IKM Subsea. We see IKM Subsea as […]

  • 12 November 2018
    Business & Finance

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

  • 30 September 2019
    Business & Finance, Equipment, Research & Development

    IKM Subsea recently welcomed Norwegian minister of Petroleum and Energy Kjell-Børge Freiberg to it Bryne headquarters. Freiberg had invited himself together with representatives from his Government department to view the ROV Onshore Control Center. “This is like science fiction,” Freiberg was quoted saying. He also added that there is high demand for modern Norwegian technology […]

  • 28 April 2015
    Business & Finance, Operations & Maintenance

    Oilfield services investment company, Akastor, has posted a loss of NOK 251 million ($32.4 million), compared with NOK 3.26 billion ($421 million,  NOK 3.23 billion from discontinued operations) in the corresponding period in 2014. The Oslo-listed company remained in red following the fourth-quarter 2014 loss of NOK 502 million. Akastor was established as a separate listed […]

  • 10 February 2015
    Business & Finance, Operations & Maintenance

    An oilfield services investment company, Akastor, has recorded a net loss for the fourth quarter 2014 of NOK 502 million. The net profit for the continuing operations ended at NOK -475 million in the fourth quarter. Net profit from discontinued operations was NOK -27 million. For 2014 as a whole, net profit ended on NOK -1 […]

  • 11 December 2018
    Business & Finance, Equipment, Exploration & Production

    Siemens will supply a battery-based energy storage solution to the West Mira which will make it the world’s first hybrid offshore drilling rig.

  • 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 […]

  • 20 September 2016
    Business & Finance, Operations & Maintenance

    Akastor, an oil service investment company, has signed a heads of agreement with Japanese company Mitsui, to create a joint venture with 50/50 ownership between (AKOFS) and Mitsui. The joint venture will acquire both the Skandi Santos hull from DOF Subsea Rederi AS and the Skandi Santos topside from AKOFS. The joint venture will subsequently enter into […]

  • 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 […]

  • 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.

  • 29 June 2018
    Operations & Maintenance, Project & Tenders

    AKOFS Offshore (AKOFS), a company owned by Akastor, has selected Optime Subsea to support the company in delivery of recently secured contract with Equinor. Optime will support AKOFS in recently received five year light well intervention (LWI) services contract with Equinor on the Norwegian continental shelf. “We are pleased to award this important part of […]

  • 24 November 2016

    A joint venture between the oil service investment company Akastor and Japanese investment company Mitsui has been approved and concluded. Akastor reported on Thursday November 24 that the agreement with Mitsui & Co., Ltd (Mitsui), and Mitsui O.S.K. Lines, Ltd. (MOL), to create a joint venture with 50/50 ownership between AKOFS Offshore AS (AKOF) and Mitsui/MOL […]

  • 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.