Akastor ASA: Equinor exercise option period for AKOFS Seafarer
Equinor Energy AS (“Equinor”) has now notified AKOFS Offshore AS (“AKOFS Offshore”) that the three-year option period under the existing contract for the...
Read moreAkastor ASA: DDW Offshore awarded contract extension
Akastor ASA's (OSE: AKAST) subsidiary DDW Offshore AS (“DDW Offshore") has been awarded a 6-month extension of the existing contract with Petrofac for the...
Read moreAkastor ASA: Akastor purchases ownership interests in AKOFS Offshore from Mitsui
Akastor ASA (OSE: AKAST) and Mitsui & Co., Ltd, (“Mitsui”) have today signed an agreement for the transfer of all of Mitsui’s interests in AKOFS Offshore...
Read moreAkastor ASA: Third Quarter Results 2024
Third Quarter Highlights Net capital employed increased by NOK 0.1 billion during the quarter to NOK 4.8 billion. Equity stood at NOK 5.6 billion at the...
Read moreAkastor ASA: DDW Offshore secures two contracts with an international oil company
Akastor ASA’s (OSE: AKAST) subsidiary DDW Offshore AS (“DDW Offshore”) has been awarded two one-year contracts, each with a further 24-month priced option...
Read moreAkastor ASA: HMH appoints Dan Rabun as Chairman of the Board of Directors
Akastor ASA's (OSE: AKAST) 50% owned affiliate HMH Holding B.V. ("HMH") has today announced that Mr. Daniel “Dan” W. Rabun has been appointed as Chairman of...
Read moreAkastor ASA: Invitation to Presentation of Third Quarter 2024 Results
Akastor ASA invites investors and analysts to a webcast presentation of the third quarter 2024 financial results on Wednesday, 30 October 2024. Date and...
Read moreAkastor ASA: Update on HMH’s US listing process
Reference is made to Akastor ASA's (OSE: AKAST) press release 3 June 2024 concerning its 50% owned affiliate HMH Holding B.V. ("HMH") and the confidential...
Read moreAkastor ASA: Second Quarter and Half Year Results 2024
Second Quarter Highlights DRU arbitration concluded, with USD 176 million received in cash and an accounting gain of NOK 748 million in the second quarter...
Read moreBruce Lethuillier appointed Investment Director in Akastor
We are happy to announce that Bruce Lethuillier has been appointed Investment Director from July 1st, 2024.
... Read moreAkastor ASA: Invitation to presentation of second quarter results 2024
Akastor ASA invites investors and analysts to a webcast presentation of first quarter 2024 financial results on Thursday 11 July 2024 Date and time: Thursday...
Read moreAkastor ASA: HMH announces its intention to pursue US listing
Akastor ASA's (OSE: AKAST) 50% owned affiliate HMH Holding B.V. ("HMH") has today announced that its subsidiary HMH Holding Inc. has submitted a confidential...
Read moreAkastor ASA: Odfjell Drilling Ltd shares received pursuant to Warrant Agreement
Akastor ASA's (OSE: AKAST) subsidiary Akastor AS has today received 3,023,886 shares in Odfjell Drilling Ltd. (OSE:ODL), pursuant to a warrant investment...
Read moreAkastor ASA: DRU arbitration award – Settlement of interest and costs
Reference is made to Akastor ASA’s (OSE:AKAST) announcements dated 18 and 22 April 2024 on the arbitration award issued in respect of the DRU contracts. The...
Read moreAkastor ASA: Payment received of DRU award
Reference is made to Akastor ASA's (OSE: AKAST) announcement dated 18 April 2024 on the arbitration award issued in respect of the DRU contracts. Payment of...
Read moreAkastor ASA: First Quarter Results 2024
First Quarter Highlights HMH delivered an EBITDA (adj.) of USD 33 million in quarter, about 75% increase year-over-year driven by higher aftermarket...
Read moreAkastor ASA: Update on DRU arbitration award amount
Reference is made to Akastor ASA’s (OSE: AKAST) announcement dated 18 April 2024 on the arbitration award issued in respect of the DRU contracts. The...
Read moreAkastor ASA: Arbitration award received on the DRU contracts
MHWirth AS (“MHW”) has received an arbitration award issued by a tribunal under the rules of the Singapore International Arbitration Centre (SIAC) in a...
Read moreAkastor ASA: Minutes of Annual General Meeting 2024
The Annual General Meeting of Akastor ASA (OSE: AKAST) was held on Tuesday 16 April 2024. The meeting was held as a digital meeting. All proposals on the...
Read moreAkastor ASA: Invitation to presentation of first quarter results 2024
Akastor ASA invites investors and analysts to a webcast presentation of first quarter 2024 financial results on Thursday 25 April 2024 Date and...
Read moreAkastor ASA: Updated notice of Annual General Meeting
Reference is made to the Notice of Annual General Meeting issued on 22 March 2024 by Akastor ASA (OSE: AKAST). Shareholders are hereby notified of an...
Read moreAkastor ASA: Notice of Annual General Meeting
The Annual General Meeting of Akastor ASA (OSE: AKAST) will be held on Tuesday 16 April 2024 at 10:00 a.m. (CEST). The general meeting will be held as a...
Read moreAkastor ASA: Annual Report and Environmental, Social and Governance Report 2023
22 March 2024 - Akastor ASA (OSE: AKAST) publishes its Annual Report, including the board's Corporate Governance Statement, and the Environmental, Social and...
Read moreAkastor ASA: Fourth Quarter Results 2023
Fourth Quarter Highlights HMH delivered a record high adj. EBITDA of USD 44 million in the quarter. With this, 2023 adj. EBITDA came in at USD 132 million,...
Read moreAkastor ASA: Invitation to presentation of fourth quarter results 2023
Akastor ASA invites investors and analysts to a webcast presentation of fourth quarter 2023 financial results on Wednesday 14 February. Date and...
Read moreAkastor ASA: DDW Offshore awarded contract extension
Reference is made to press release dated 27 September 2022 on the contract awarded by Petrofac in Australia to Akastor ASA’s (OSE: AKAST) subsidiary DDW...
Read moreclose