Overview page containing news articles

Akastor

List of the highlighted articles

Posted: 9 months ago

Akastor Names New CFO

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

Categories:
  • Business & Finance
Posted: 9 months ago
Posted: 9 months 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: 9 months ago
Posted: about 1 year ago

MHWirth buys Bronco Manufacturing in push to strengthen presence in North America

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 executive chairman and new 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: about 1 year 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: about 1 year ago
Posted: about 1 year 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: about 1 year ago
Posted: about 1 year ago

Akastor Wraps Up AKOFS Offshore 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: about 1 year ago
Posted: about 1 year 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: about 1 year 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 and 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
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 for new rig from 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
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 2 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 2 years ago
Posted: over 2 years ago

Akastor CEO to take up investment role in Aker. Replacement named

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

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

Mitsui in talks to invest in another JV with Akastor

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

Posted: over 2 years ago
Posted: over 2 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 2 years ago
Posted: over 2 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 2 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
Posted: over 3 years ago

National Oilwell Varco absorbs Fjords Processing

Akastor ASA, an oil service investment company, has completed the sale of Fjords Processing to Natio...

Posted: over 3 years ago