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Akastor ASA Expands Stake Amid Equinor Contract Extension
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Akastor ASA Expands Stake Amid Equinor Contract Extension

Akastor ASA (AKKVF) has released an update.

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Equinor has exercised a three-year option with AKOFS Offshore for the vessel “AKOFS Seafarer,” valued at approximately USD 300 million, to provide light well intervention services until late Q4 2028. Akastor ASA, which currently holds a 50% stake in AKOFS Offshore, plans to increase its ownership to 75%, highlighting its commitment to expanding its portfolio in the oil services sector.

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