Akastor ASA: Previously announced MHWirth contract confirmed signed

Reference is made to the announcement dated 19 December 2020 where it was announced that MHWirth AS, a company owned by Akastor ASA (OSE: AKAST), had been awarded contract for delivery of a drilling equipment package to Guangzhou Marine Geological Survey (GMGS). The final contract has now been signed with a total contract value of about USD 83 million which will be booked as order intake in MHWirth in Q3.

Media Contact

Øyvind Paaske

Chief Financial Officer
Tel: +47 917 59 705
E-mail: oyvind.paaske@akastor.com

Akastor is a Norway-based oil-services investment company with a portfolio of industrial holdings and other investments. The company has a flexible mandate for active ownership and long-term value creation.