Akastor ASA is a Norway‐based investment company specializing in the global oilfield services sector. Established through a demerger from Aker Solutions in March 2018, Akastor pursues a value‐creation strategy by acquiring and developing high‐quality businesses that provide critical equipment, technology and services to upstream oil and gas operators.
The company’s portfolio comprises fully owned subsidiaries operating across drilling equipment, subsea services and engineering solutions. Notable holdings include MHWirth, a provider of drilling equipment and top‐drive systems; Nymo, a specialist in electrical subsea products and cable systems; and ResQ, which focuses on subsea inspection, repair and maintenance. Through these businesses, Akastor offers project management, engineering design, fabrication and field service capabilities.
Akastor’s subsidiaries serve a diversified set of geographies, with operations spanning Europe, the Middle East, North America, Asia‐Pacific and Africa. The company leverages its deep sector expertise and integrated service model to support major offshore developments, floating production units and onshore drilling campaigns. Its strategic emphasis on operational efficiency aims to enhance margins and drive sustainable growth across various market cycles.
Headquartered in Oslo, Akastor pursues an active ownership approach, working closely with management teams to optimize performance, expand service offerings and pursue targeted bolt‐on acquisitions. By combining local market presence with global delivery capabilities, the company seeks to maintain its position as a leading partner to oil and gas operators worldwide.
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