OSLO, Norway, Oct. 12, 2020 /PRNewswire/ -- Reference is made
to the stock exchange release dated 27
August 2020 regarding the restructuring of DDW Offshore AS
(previously named DOF Deepwater AS). Final agreements consistent
with the key principles set out in the release have been
entered into by all parties. Effective from 9 October 2020, Akastor AS owns all shares in DDW
Offshore AS.
DDW Offshore AS will be consolidated into Akastor Group as a
subsidiary as from Q4 2020.
For further information, please contact:
Øyvind Paaske
Chief Financial Officer
Mobile: +47-917-59-705
E-mail: oyvind.paaske@akastor.com
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.
DDW Offshore owns five modern Anchor Handling Tug Supply
(AHTS) vessels with capability to operate and support clients on a
world-wide basis. The vessels are specially designed to perform
anchor-handling, towing, and supply services at offshore oil and
gas fields. More information is available at
www.ddwoffshore.com.
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SOURCE Akastor ASA