Latest News and Press Releases

Q3 HIGHLIGHTS Completed the transaction to sell KOP Surface Products to the Weir Group PLC, releasing approximately NOK 1 billion in cash EBITDA of NOK 54 million, including several special...

Akastor ASA (OSE: AKA), an oil service investment company, announced today that it is in advanced discussions with MITSUI & CO., LTD. ("Mitsui"), a leading Japanese trading and investment...

MHWirth AS, a company owned by Akastor ASA, has today received a contract from Wood Group Canada Inc for delivery of a drilling package, including equipment, engineering and services for the West...

Akastor ASA will publish its third quarter 2017 results on Wednesday October 25, 2017 at 7:00 a.m. CET. The presentation will be available through a conference call and audiocast only, at 8:00 a.m....

MHWirth becomes an owner and establishes a market and technology partnership with the Norwegian technology company Electrical Subsea & Drilling Electrical Subsea & Drilling (ESD) is working...

Fornebu, July 27, 2017:  Reference is made to the stock exchange release dated June 12, 2017 regarding Akastor's agreement to sell KOP Surface Products to The Weir Group PLC.  All closing...

Q2 HIGHLIGHTS · Entered agreement to sell KOP Surface Products to the Weir Group PLC for USD 114 million · EBITDA of NOK 18 million (including restructuring costs of NOK 52 million) · Net debt at...

Akastor ASA will publish its second quarter 2017 results on Thursday July 13, 2017 at 7:00 a.m. CET. The presentation will be available through a conference call and audiocast only, at 8:00 a.m....

Akastor ASA (OSE: AKA), an oil service investment company, has entered into a definitive agreement to sell KOP Surface Products ("KOP") to The Weir Group PLC ("Weir") (LON:WEIR) for USD 114 million...

    Q1 HIGHLIGHTS     · Frontica Advantage joined NES Global Talent in January 2017 · EBITDA of NOK 59 million · Net debt at NOK 3.0 billion · Working capital at NOK 1.4 billion    ...