Akastor Completes Sale of Frontica ITO and BPO Business

Akastor informed that it has completed the sale of the ITO and the BPO business of Frontica Business Solutions to ...

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Akastor, Mitsui Complete Joint Venture Transaction

Akastor, an oil service investment company, informed that the agreement with Japanese company Mitsui to create a ...

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Akastor Narrows Q3 Loss

Oilfield services investment company, Akastor, has managed to cut its loss in the third quarter of 2016, despite ...

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NOV to Acquire Akastor’s Fjords Processing

Akastor, an oil service investment company, has entered into a definitive agreement to sell its wellstream ...

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Akastor Sells Part of Frontica Business to Cognizant

Akastor, an oil service investment company, has entered into a definitive agreement to sell Frontica to Cognizant ...

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DOF Subsea Rederi Sells Skandi Santos to Akastor-Mitsui JV

DOF Subsea Rederi AS has agreed with Akastor to sell its vessel ‘Skandi Santos’ to a joint venture ...

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Akastor in Joint Venture with Mitsui

Akastor, an oil service investment company, has signed a heads of agreement with Japanese company Mitsui, to create ...

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Akastor Sees More Red Ink

Oilfield services investment company, Akastor, has booked a second-quarter 2016 loss as revenue declines in ...

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Akastor Plunges Deeper into Red

Oilfield services investment company, Akastor, has booked a first-quarter 2016 loss on sharp decline in revenues ...

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Akastor Stays Down

Oilfield services investment company, Akastor, has booked a fourth-quarter 2015 loss as the weak market caused ...

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Akastor Secures New Financing Agreement

Norwegian oilfield services investment company, Akastor, has reached an agreement with its bank syndicate on main ...

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Akastor Posts NOK 1.37 Bln Loss

Oilfield services investment company, Akastor, has booked a third-quarter 2015 loss as impairments hit the ...

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DNB Bank Takes 7% Stake in Ezra

Norway’s largest bank, DNB Bank ASA, has acquired a 7.04 per cent stake at offshore oil and gas contractor ...

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Akastor to Scale Down to 6000 Employees

Oilfield services investment company, Akastor, has remained in red as the challenging market situation continues in ...

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Akastor Appoints New CEO

Akastor ASA’s Board of Directors has appointed Kristian Røkke as its Chief Executive Officer. Røkke will ...

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Aker Wayfarer Gets New USD220 Mln Credit Facility

Ocean Yield ASA has signed a new revolving credit facility of USD 220 million with maturity in 2021 with a group of ...

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Akastor’s MHWirth Cuts 750 Jobs

Oilfield services investment company, Akastor, has confirmed that its wholly owned portfolio company MHWirth will ...

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Akastor Appoints Investment Director

Paal E. Johnsen will take the position as Investment Director in Akastor, and will be a part of the company’s ...

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Akastor Q4 in Red

An oilfield services investment company, Akastor, has recorded a net loss for the fourth quarter 2014 of NOK 502 ...

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OSM Nets Aker Wayfarer Deal (Brazil)

OSM Brasil has won prestigious contract with Petrobras, in partnership with AKOFS Offshore, part of Akastor ASA. ...

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Aker Solutions Starts Trading on Oslo Exchange

Aker Solutions started trading on the Oslo stock exchange as a leaner and more streamlined company that will build ...

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