OSLO, Norway, Dec. 19, 2020 /PRNewswire/ -- HWirth AS, a
company owned by Akastor ASA (OSE: AKAST), has today received
notification of award of a contract for delivery of a drilling
equipment package to Guangzhou Marine Geological Survey (GMGS). The
contract is for delivery of the topside drilling equipment to be
installed onboard a drillship operated by GMGS with expected
delivery date in December 2023.
Total contract value is about USD 80
million. MHWirth will now engage with the client to conclude
the final contract terms. Signing of final contract is expected to
take place in Q1 2021.
For further information, please contact:
Chief Financial Officer
Mobile: +47 917 59 705
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.
This information is subject to the disclosure requirements
pursuant to section 5 -12 of the Norwegian Securities Trading
This information was brought to you by Cision
SOURCE Akastor ASA