FORNEBU, Norway, Dec. 4, 2024 /PRNewswire/ -- Equinor Energy AS has now notified AKOFS Offshore AS that the three-year option period under the existing contract for the vessel "AKOFS Seafarer" is exercised. The option period is estimated to commence in late Q4 2025, after the vessel has completed its customary Special Periodic Survey and in direct continuation of the current contract period. The option period has a total [...]
FORNEBU, Norway , Dec. 3, 2024 /PRNewswire/ -- Akastor ASA's subsidiary DDW Offshore AS has been awarded a 6-month extension of the existing contract with Petrofac for the vessel Skandi Emerald. The extension means that the contract term now is extended to 14 July 2025. This extension builds on previous agreements referenced in press releases dated 27 September 2022 and 30 January 2024. Following this latest contract [...]
FORNEBU, Norway, Nov. 6, 2024 /PRNewswire/ -- Akastor ASA and Mitsui & Co., Ltd, have today signed an agreement for the transfer of all of Mitsui's interests in AKOFS Offshore AS to Akastor. Agreed purchase price, after certain adjustments, is USD 22.5 million, of which USD 15 million is payable at closing and remaining USD 7.5 million is payable in two equal tranches in June and December 2025. The agreement is entered [...]
Aker Solutions today published its third-quarter results for 2024. Correction: A revised version of the presentation is enclosed, addressing an error on slide 15 of the original presentation released at 07:00 CET. The previous slide incorrectly projected a revenue growth for 2024 of "more than 45%" from 2023-levels. The correct projection, as stated in this morning's press release and webcast presentation, is "more than [...]
Aker Solutions has delivered another strong quarter with growth in revenues, margins and cash generation compared to the same period last year. The outlook for the company remains positive with a large backlog and high tendering activity across market verticals. Based on the solid financial position and positive outlook, the Board of Directors will propose an extraordinary dividend of NOK 21 per share at an Extraordinary [...]
The Board of Directors of Aker Solutions ASA has proposed to pay out an extraordinary cash dividend of NOK 21.00 per share, pending approval in an Extraordinary General Meeting to be held on November 22, 2024. Dividend amount: NOK 21.00 per share Total dividend amount : NOK 10 billion Last day including right: 22 November 2024 Ex-date: 25 November 2024 Record date: 26 November 2024 Payment date: 2 December 2024 Date of [...]
FORNEBU, Norway, Oct. 30, 2024 /PRNewswire/ -- Third Quarter Highlights Net capital employed increased by NOK 0.1 billion during the quarter to NOK 4.8 billion. Equity stood at NOK 5.6 billion at the end of the quarter, corresponding to NOK 20.4 per share, up from NOK 20.2 per share at the end of the last quarter. Akastor remained in a net cash position through the quarter, with no draw on corporate facilities. HMH [...]
FORNEBU, Norway, Oct. 24, 2024 /PRNewswire/ -- Akastor ASA's subsidiary DDW Offshore AS has been awarded two one-year contracts, each with a further 24-month priced option structure, with an international oil company for the anchor handling tug supply vessels Skandi Peregrino and Skandi Atlantic. The vessels will provide anchor handling and towage services in Australia, commencing on January 1, 2025, and March 1, 2025 [...]
FORNEBU, Norway, Oct. 21, 2024 /PRNewswire/ -- Akastor ASA's 50% owned affiliate HMH Holding B.V. has today announced that Mr. Daniel "Dan" W. Rabun has been appointed as Chairman of the Board of Directors effective October 21, 2024. Mr. Rabun is a seasoned executive with extensive leadership experience across multiple industries, having held key roles such as CEO, Chairman, and Board member at major companies, including [...]
Akastor ASA invites investors and analysts to a webcast presentation of the third quarter 2024 financial results on Wednesday, 30 October 2024. Date and time: Wednesday, 30 October 2024, at 15:00 CET Presenters: Akastor: Karl Erik Kjelstad, CEO, and Øyvind Paaske, CFO HMH: Thomas McGee, CFO, and David Bratton, SVP FP&A and Operational Finance Link to webcast [...]
FORNEBU, Norway, Aug. 13, 2024 /PRNewswire/ -- Reference is made to Akastor ASA's press release 3 June 2024 concerning its 50% owned affiliate HMH Holding B.V. and the confidential first draft registration statement on Form S-1 that was submitted with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of HMH Holding Inc.'s shares. As part of the customary SEC review process, HMH has [...]
Aker Solutions has delivered another strong quarter with growth in revenues, margins and cash generation compared to the same period last year. Several key milestones have been met on the project portfolio in the period. Aker Solutions now expects revenues in 2024 to grow to a level of around NOK 50 billion, representing a year-on-year growth of around 40 percent, with EBITDA margins around 7.5 percent excluding net [...]
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