New CEO Appointed at Akastor ASA Dec 12, 2017Akastor ASA has announced that its Board of Directors has appointed Karl Erik Kjelstad as its Chief Executive Officer effective from 1 January 2018.
Akastor Agrees to Sell KOP Surface Products to The Weir Group PLC Jun 12, 2017Akastor ASA, an oil service investment company, has entered into a definitive agreement to sell KOP Surface Products (KOP) to The Weir Group PLC for...
Akastor, Mitsui and MOL Announce Closing of Joint Venture Transaction Nov 24, 2016Akastor ASA has announced that the agreement with MITSUI & CO., LTD and Mitsui O.S.K. Lines, Ltd. (MOL), to create a joint venture with 50/50 ownership between AKOFS Offshore AS and Mitsui/MOL has now been approved an...
Akastor Agrees to Sell Fjords Processing to National Oilwell Varco Oct 27, 2016Akastor ASA, an oil service investment company, has entered into a definitive agreement to sell Fjords Processing to National Oilwell Varco for a consideration of...
Akastor Agrees to Sell Frontica IT Business Oct 3, 2016Akastor ASA, an oil service investment company, has entered into a definitive agreement to sell Frontica Business Solutions AS to Cognizant for...
Akastor and Mitsui Create Joint Venture Sep 21, 2016Akastor ASA, an oil service investment company, has announced that it has signed a Heads of Agreement with MITSUI & CO., LTD,...
MHWirth Reaches Agreement for Sale of MPO to AFGlobal Jul 14, 2016MHWirth, a subsidiary of the publicly listed Akastor ASA, has reached an agreement with AFGlobal Corporation to divest its Managed Pressure Drilling (MPD) business through the sale of its subsidiary, Managed Pressure Operations (MPO).
Akastor ASA appoints Kristian Røkke as new CEO Jul 20, 2015Akastor ASA says that its Board of Directors has appointed Kristian Røkke as its Chief Executive Officer. Mr. Røkke will succeed Frank O. Reite, who will take
