Akastor ASA operates as an oilfield services investment company, which engages in the industrial holdings, real estate, and investments. It operates through the following segments: MHWirth, AKOFS Offshore, Fjords Processing, KOP Surface, Frontica, and Real Estate and Other Holdings. The MHWirth segment offers drilling equipment, drilling riser solutions and related product. The AKOFS Offshore segment includes vessel-based subsea well construction and intervention services to the oil and gas industry. The Fjords Processing segment provides wellstream processing technology, equipment, and expertise to the upstream oil and gas industry. The KOP Surface segment consists of valves, wellheads, and trees for offshore and land-based surface production. The Frontica segment comprises of corporate services to companies in the oil services industry. The Real Estate and Other holdings segment involves in onerous offices leases gain from realization of the real estate portfolio. The company was founded on September 28, 2014 and is headquartered in Lysaker, Norway.
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