NEWS

Akastor, Mitsui and MOL announces closing of joint venture transaction

November 24, 2016: Akastor ASA (OSE: AKA), an oil service investment company, announced today 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 ("AKOFS") and Mitsui/MOL has now been approved and concluded according to the terms and conditions described in the press release of September 20, 2016.

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Akastor and Mitsui create joint venture

September 20, 2016: Akastor ASA (OSE: AKA), an oil service investment company, announced today that it has signed a Heads of Agreement with MITSUI & CO., LTD, a leading Japanese trading and investment company, and its Japanese partner ("Mitsui"), to create a joint venture with 50/50 ownership between AKOFS Offshore AS ("AKOFS") and Mitsui.

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Aker Wayfarer charter extension

AREVA Wind (Adwen) in Germany has on June 1st declared an option to extend the charter of the multi-purpose vessel AKER WAYFARER.

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"Skandi Santos" awarded five-year contract extension from Petrobras

Image September 29, 2014 - 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.

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Aker Wayfarer Wins Five-Year Contract from Petrobras

Image September 15, 2014 - Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) has won a contract worth USD 465 million over five years from Petrobras to provide subsea intervention services offshore Brazil from the Aker Wayfarer vessel.

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Skandi Aker Vessel Contract is Canceled by Total

June 25, 2014 Aker Solutions' subsidiary Aker Oilfield Services was notified by Total in Angola of the termination of a USD 250 million, two-year contract for the Skandi Aker vessel.

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