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DDW Offshore AS has been awarded a contract of approximately 1 year plus options by OMV New Zealand for the AHTS vessel Skandi Emerald. The AHTS will support the Maui B IRF 3 offshore projects and the Valaris Gorilla VII jack up drilling unit. The vessel is to undergo its 10-year SPS before starting its […]

Akastor ASA’s (OSE: AKAST) wholly owned subsidiary, DDW Offshore AS (DDW Offshore), has entered into bareboat charter agreements with OceanPact Servicos Maritimos S.A. (“OceanPact”), a Brazilian subsea and logistic company, for the two AHTS vessels Skandi Saigon and Skandi Pacific for a period of 26 months. As part of the agreements, forward sale of the

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

DOF Deepwater AS (“DOF Deepwater”), which is jointly controlled by Akastor and DOF ASA (“DOF”) and which has been part of Akastor’s legacy portfolio since the demerger from Aker Solutions in 2014, has today entered into a term sheet with its lenders on a restructuring of its debt that secures continued operations up to second