Latest News and Press Releases

HIGHLIGHTS: EBITDA for continuing operations of NOK 127 million Net debt reduced by NOK 658 million to NOK 4.8 billion, working capital reduced by NOK 483 million to NOK 1 520 million, liquidity...

Akastor ASA (OSE: AKA), an oil service investment company, has entered into a definitive agreement to sell Fjords Processing ("Fjords") to National Oilwell Varco  ("NOV") for a consideration of NOK...

Akastor ASA will publish its third quarter 2016 results on Tuesday November 1, 2016 at 7:00 a.m. CET.   The presentation will be held at Felix 2, Felix Konferansesenter, Aker Brygge, Oslo at 9:00...

Akastor ASA (OSE: AKA), an oil service investment company, has entered into a definitive agreement to sell Frontica Business Solutions AS ("Frontica") to Cognizant (NASDAQ: CTSH) for a...

Akastor ASA (OSE: AKA), an oil service investment company, announced today that it has signed a Heads of Agreement with MITSUI & CO., LTD, a leading Japanese trading and investment company, and...

HIGHLIGHTS: Weak market conditions continue across portfolio, but with more stable revenues in the quarter Net debt at NOK 5 427 million, working capital stable at NOK 2 030 million, liquidity...

Akastor ASA will publish its second quarter and half year 2016 results on Thursday July 14, 2016 at 7:00 a.m. CET.   The presentation will be given through a conference call at 8:00 a.m. CET.  ...

Sarah Ryan, member of the Board of Directors in Akastor ASA, has on June 15th 2016 purchased 5 000 shares in the company at a price of NOK 9.99 per share. Following today's transaction, Ryan holds...

Akastor ASA, Aker ASA, Aker Solutions ASA, Det norske oljeselskap ASA, Kvaerner ASA, Ocean Yield ASA and Havfisk ASA are pleased to invite investors, analysts and media to take part in a joint...

Highlights Stable net debt at NOK 5 077 million, working capital decreased by NOK 282 million to NOK 2 058 million, liquidity reserve of NOK 2.5 billion EBITDA of NOK -12 million, including...