Overview page containing news articles

Akastor

List of the highlighted articles

Posted: about 1 year ago

Akastor Names New CFO

Oilfield services investment company Akastor has appointed Øyvind Paaske as chief financial officer,...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Akastor investment manager to take on CFO role next year

Norway’s oil-services investment company Akastor has named a new chief financial officer of the comp...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

MHWirth buys U.S.-based Bronco Manufacturing

Akastor’s wholly owned subsidiary MHWirth has entered into agreements with Bronco Holdings for...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

Akastor Returns to Profit

Oilfield services investment company Akastor recorded profit of NOK 62 million ($7 million) for the ...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

AGR and First Geo Merge

Oilfield services investment company Akastor has completed the transaction through which AGR and Fir...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

More Red Ink for Akastor

Oilfield services investment company Akastor recorded loss of NOK 492 million ($57 million) for the ...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: about 1 year ago

MHWirth elects new chairman and CEO

Norwegian oil service investment company Akastor has appointed a new executive chairman and chief ex...

Categories:
  • Business & Finance
Posted: about 1 year ago
Posted: over 2 years ago

Akastor Takes Over AGR through First Geo Merger Deal

Akastor has entered into agreements with AGR stakeholders to combine its First Geo business unit wit...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

AGR, First Geo to merge into Akastor-owned company

Norwegian offshore oil and gas consultancy and services companies First Geo (owned by Akastor), and ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Akastor Wraps Up AKOFS Stake Sale to Mitsui and MOL

Akastor has completed the transfer of 50% of its shares in AKOFS Offshore to Mitsui and MOL (Mitsui ...

Posted: over 2 years ago
Posted: over 2 years ago

Akastor sells half of AKOFS Offshore to Japanese duo

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

Categories:
  • Business & Finance
Posted: over 2 years ago
Industry Contribution

Faccin Wind Towers Division: a reliable partner for your wind energy project

Faccin Group created a Wind Towers Division within the company. Why? Eng. Andrea Comparin: “Ac...

Posted: 17 days ago
Industry Contribution

Maritime Insurance Market Update, Q3 2020

‘Clients, advisors and insurers are in the same boat.’ Effective cooperation is necessary to keep ri...

Posted: about 1 month ago
Posted: over 2 years ago

Akastor Reduces Quarterly Deficit

Oilfield services investment company Akastor recorded loss of NOK 251 million ($31 million) for the ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Mitsui, MOL Eye Subsea Support Market with AKOFS Stake Buy

Akastor has entered into a share purchase agreement with Mitsui and MOL (Mitsui O.S.K. Lines) for tr...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Akastor completes Odfjell Drilling rig-related investment

Norway’s Akastor has completed its previously announced investment in Odfjell Drilling. ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Industry Contribution
Partner

It’s all about power flow

Integration of renewable energies on a ship – and in other island networks Interview with Jero...

Posted: 3 months ago
Posted: over 2 years ago

Akastor in $370M well intervention services LOI with Equinor

Akastor’s subsidiary AKOFS Offshore has signed a letter of intent with Equinor (formerly known...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

MHWirth firms up drilling equipment order with Keppel

MHWirth has firmed up a $100 million worth drilling equipment order with Keppel FELS for a new semi-...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 2 years ago

Awilco to order drilling equipment at MHWirth

MHWirth, a company owned by Akastor, has been selected by Awilco Drilling for delivery of the drilli...

Categories:
  • Equipment
Posted: over 2 years ago
Industry Contribution

“ETICA IP” ROV & USV a staunch green ally for the blue economy indystry & ocean sustainability

By Ioana Laura Grigore. Our concept of blue economy & ocean sustainability in offshore industry ...

Posted: 2 months ago
Posted: over 2 years ago

Akastor Slips into Red

Oilfield services investment company Akastor recorded loss of NOK 380 million ($48 million) for the ...

Categories:
  • Business & Finance
Posted: over 2 years ago
Posted: over 3 years ago

Akastor Names New Chief Executive Officer

Akastor’s board of directors has appointed Karl Erik Kjelstad as its chief executive officer e...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Akastor CEO to take up investment role in Aker

Kristian Røkke, CEO of Akastor, has decided to take up the position of chief investment officer in A...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Mitsui to invest in another JV with Akastor

Norwegian oil service investment company Akastor is in advanced discussions with Japanese trading an...

Posted: over 3 years ago
Posted: over 3 years ago

Akastor, Mitsui Expand Cooperation to Include AKOFS Offshore

Akastor has informed that it is in advanced discussions with Mitsui, a Japanese trading and investme...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Akastor’s MHWirth Bags West White Rose Deal Off Canada

MHWirth, a company owned by Akastor, has received a contract from Wood Group Canada for the delivery...

Categories:
  • Equipment
Posted: over 3 years ago
Posted: over 3 years ago

Akastor Cuts Loss and Some 470 Employees

Oilfield services investment company Akastor recorded loss of NOK 321 million ($39 million) for the ...

Categories:
  • Business & Finance
Posted: over 3 years ago
Posted: over 3 years ago

Akastor sells KOP for $114 million

Akastor, a Norway-based oil service investment company, is set to sell KOP Surface Products to The W...

Posted: over 3 years ago