Reference is made to the stock exchange announcement made on 27 February 2018. MHWirth AS, a company owned by Akastor ASA, has today entered into a contract with Keppel FELS for delivery of the drilling equipment package for a new semisubmersible drilling rig for harsh environment use, with options for further three packages. The rig will be built for Awilco Drilling PLC by Keppel FELS Limited of Singapore. Delivery is [...]
April 5, 2018 - Aker Solutions and Kvaerner together secured a letter of intent for modifications of the riser platform and field center of the Statoil-operated Johan Sverdrup development, Norway's largest oil find in more than three decades. The contract value is NOK 3.4 billion and will be split equally between the two companies, which formed a joint venture to carry out the work for the second phase of the North Sea [...]
March 23, 2018 - The annual general meeting of Aker Solutions ASA will be held on Wednesday April 18, 2018, at 09:00 CEST at Snarøyveien 20, 1360 Fornebu, Norway. Please find attached the following documents: The notice of the general meeting including attendance and proxy forms The board of directors' proposed resolutions for the general meeting The proposal from the nomination committee for the general meeting The board of directors' Statement on Remuneration of Executive Management All documents to be processed in the meeting will be made available on http://akersolutions.com/agm-2018 ENDS Media Contact: Bunny Nooryani, tel: +47 67 59 42 71, mob: +47 480 27 575, e-mail: bunny.nooryani@akersolutions.com Investor Contact: Fredrik Berge, tel: +47 22 94 62 19, mob: +4... [...]
March 23, 2018 - Aker Solutions today publishes its annual report, the corporate responsibility report and the corporate governance report for 2017. The reports are attached and also available on http://akersolutions.com/annual-reports, http://akersolutions.com/cr-reports and http://akersolutions.com/corporate-governance ENDS Media Contact: Bunny Nooryani, tel: +47 67 59 42 71, mob: +47 480 27 575, e-mail [...]
16 March 2018 - Akastor ASA's annual report for 2017, including the board's corporate governance statement, and the corporate responsibility report for 2017 are attached. The reports are also available at the company's website www.akastor.com. ENDS For further information, please contact: Leif Borge Chief Financial Officer Mobile: +47 917 86 291 E-mail: leif.borge@akastor.com This information is subject to the [...]
16 March 2018 - The annual general meeting of Akastor ASA will be held on Friday 6 April 2018 at 09:00 CEST at Oksenøyveien 10, 1366 Lysaker, Norway. Please find attached the following documents: * Notice of annual general meeting including notice of attendance/proxy forms * The board of directors' proposed resolutions * Proposal from the nomination committee * The board of directors' statement on remuneration to the executive management All the documents to be processed at the general meeting are available at the company's website www.akastor.com. ENDS For further information, please contact: Leif Borge Chief Financial Officer Mobile: +47 917 86 291 E-mail: leif.borge@akastor.com This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Sec... [...]
Awilco Drilling PLC has announced today that it is in negotiations for the construction of a new semisubmersible drilling rig, which is intended to be used for North Sea operations. MHWirth AS, a company owned by Akastor ASA, has been selected by Awilco Drilling PLC for delivery of the drilling equipment package, with options for further three packages. The company will revert with further details should the advanced [...]
February 27, 2018 - Aker Solutions won an order from Wintershall Norge AS to provide the subsea production system, umbilicals and services for the Nova oil and gas field offshore Norway, highlighting the value of early engagement in projects. The system will consist of two templates with manifolds, seven subsea trees including one spare, umbilicals and associated tie-in and controls equipment for Nova. The order includes [...]
February 16, 2018 - Aker Solutions agreed on a long-term collaboration with software company Cognite to accelerate the development of digital solutions that will drive major efficiencies through the entire life of an energy asset. The energy services company will use Cognite's advanced industrial data platform to collect and analyze large volumes of data from offshore energy installations, providing solutions that will [...]
February 13, 2018 - Aker Solutions will as a subcontractor of Kvaerner deliver modules for the floating production, storage and offloading vessel for the Statoil-operated Johan Castberg development, the largest oil discovery in the Norwegian Barents Sea. The work has a value of about NOK 450 million kroner and will be booked in Aker Solutions' first-quarter orders. The company will deliver two modules for water and [...]
Q4 HIGHLIGHTS · EBITDA of NOK 167 million with MHWirth delivering an EBITDA margin of 11% · Cash flows of NOK 127 million before financing activities · Net debt NOK 2.4 billion, including financial leases of NOK 1.5 billion · MoU signed with Mitsui for establishing AKOFS Offshore Joint Venture · Karl Erik Kjelstad appointed as Chief Executive Officer e...
February 8, 2018 - Aker Solutions won a contract to provide maintenance and modifications services for three platforms at Petrobras-operated oil and gas fields offshore Brazil, expanding its business in a key international market. The four-year contract is valued at about NOK 800 million and includes an option for a one-year extension. The order covers a range of services to renovate, repair and upgrade the floating [...]
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