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  • Akastor ASA: AKOFS Offshore signs contract with Equinor
    édité le 19/06/2018


Akastor ASA: AKOFS Offshore signs contract with Equinor
Reference is made to the announcement on 16 May 2018 regarding a Letter of Intent with Equinor. AKOFS Offshore, a company owned by Akastor ASA, has today signed a contract with Equinor for provision of year round light well intervention services (LWI) on the Norwegian continental shelf for a period of five years, with an option period of three years.

The terms are in line with the previous announcement; the contract value for the initial five-year period is approximately USD 370 million and the work will be performed from the AKOFS Seafarer well intervention vessel with a scheduled commencement first half of 2020.

About Akastor

Akastor is a Norway-based oil-services investment company with a portfolio of industrial holdings and other investments. The company has a flexible mandate for active ownership and long-term value creation.

About AKOFS Offshore

AKOFS Offshore, headquartered in Oslo, Norway, is a global provider of vessel based subsea well intervention and installation services to the oil and gas industry. In addition to the AKOFS Seafarer, the company is operating two specialized vessels for Petrobras in Brazil on long term contracts. The Skandi Santos has successfully performed subsea intervention and equipment installation work since 2010, and Aker Wayfarer commenced similar operations early 2018.

About Equinor

Equinor, is an international energy company with a proud history. Formerly Statoil, we are 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, among the world’s largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we’re building a global business on our values and the energy needs of the future.


Origine : Communiqué Akastor



 
 
 
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