Akastor ASA (AKKVF)
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Akastor ASA (AKKVF) Q3 2025 Earnings Call Transcript
Akastor ASA (OTCPK:AKKVF) Q3 2025 Earnings Call October 30, 2025 10:00 AM EDT Company Participants Øyvind Paaske - Chief Financial Officer Karl Kjelstad - Chief Executive Officer Eirik Bergsvik - Chief Executive Officer David Bratton - Senior Vice President of Finance - HMH Presentation Øyvind Paaske Chief Financial Officer Good afternoon, and welcome to the presentation of Akastor's third quarter results. My name is Oyvind Paaske, CFO, and I'm joined today by our CEO, Mr.
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Akastor ASA Profile
| Energy Equipment & Services Industry | Energy Sector | Mr. Karl Erik Kjelstad CEO | OTC PINK Exchange | NO0010215684 ISIN |
| NO Country | 9 Employees | 11 Apr 2014 Last Dividend | 29 Sep 2014 Last Split | - IPO Date |
Overview
Akastor ASA is a prominent oilfield services investment company with a global operational footprint, headquartered in Bærum, Norway. Established in 1841, the company has extensive experience in the oil and gas industry, particularly in providing specialized offshore and subsea services. Akastor ASA focuses on investing in companies that offer critical services to the oil and gas sector, including vessel-based subsea well construction, and intervention services, among others. Through its strategic investments, Akastor ASA supports the offshore oil and gas extraction industry by offering innovative solutions and essential equipment that facilitate efficient and safe operations.
Products and Services
- Vessel-based Subsea Well Construction and Intervention Services
- Anchor Handling, Towing, and Supply Services
- Offshore Drilling Equipment
Akastor ASA specializes in offering services crucial for the construction and maintenance of subsea wells. These services are conducted from vessels equipped with the necessary technology and equipment for subsea operations, ensuring the efficient and safe construction and intervention of wells beneath the ocean floor.
The company provides anchor handling services that are essential for the positioning and movement of offshore drilling rigs. In addition to this, Akastor ASA’s fleet is used for towing structures and supplying necessary equipment and materials to offshore oil and gas fields, thereby supporting their day-to-day operations.
Akastor ASA offers a comprehensive range of products and packages related to offshore drilling equipment. This includes the supply of drilling rigs, drilling machinery, and related technology necessary for the exploration and extraction of oil and gas from offshore fields. The company’s expertise in this area ensures clients have access to high-quality and reliable drilling equipment.
Contact Information
