Akastor ASA Completes Transfer of Mitsui’s Interests in AKOFS Offshore

AKH HoldCo AS (Aker ASA) Merges with Aker Horizons Holding AS; Aker Horizons Distributes AKHH Shares to Shareholders

September 11, 2025

Renewable Energy

Aker Horizons Holding AS (AKHH) and AKH HoldCo AS (a subsidiary of Aker ASA) have completed their merger, which was registered on 11 September 2025. As part of the transaction Aker Horizons ASA distributed AKHH shares as a dividend-in-kind to its shareholders: eligible Aker Horizons shareholders will receive NOK 0.267963 in cash and 0.001898 Aker ASA shares per Aker Horizons share (fractions rounded down).

Baker Hughes and Akastor Form HMH

October 1, 2021

Energy

Baker Hughes' Subsea Drilling Systems business and Akastor ASA's wholly owned MHWirth have merged to form HMH, a global offshore drilling equipment company jointly owned (50/50) by Baker Hughes and Akastor and effective October 1, 2021. HMH is headquartered in Amsterdam with major operational centers in Houston, USA and Kristiansand, Norway, combining product and service portfolios to deliver offshore drilling equipment and pursue energy-efficient solutions and adjacent-market opportunities such as renewables and mining.

Arendals Fossekompani Acquires 71% Stake in Kontali Analyse

January 24, 2021

Data & Analytics

Arendals Fossekompani (AFK) has acquired a 71% stake in Kontali Analyse, a Kristiansund-based data and analytics firm serving the global aquaculture and fisheries sector. AFK will place Kontali into its newly created growth platform Alytic to accelerate Kontali's digital transformation and scale its SaaS subscription offerings globally.

DOF Group Acquires Maersk Supply Service from A.P. Moller Holding; Maersk Offshore Wind Carved Out

November 1, 2024

Transportation

DOF Group ASA has completed the acquisition of Maersk Supply Service A/S from Maersk Supply Service Holding ApS / A.P. Moller Holding for a combination of cash (~USD 577m) and newly issued DOF shares, with MSSH receiving 58,883,073 consideration shares. After closing, A.P. Moller Holding will hold 25% of the combined company; Maersk’s offshore wind turbine installation business will remain with A.P. Moller Holding as the independent Maersk Offshore Wind.

A.P. Moller Holding to Acquire Maersk Supply Service

March 20, 2023

Transportation

A.P. Moller Holding has entered into an agreement to acquire Maersk Supply Service from A.P. Moller – Maersk. The acquisition aims to reposition Maersk Supply Service from primarily servicing oil & gas toward becoming a leading offshore marine company for the offshore wind and renewable energy market; the deal is subject to customary regulatory approvals and expected to close in Q2 2023.

KNOT Offshore Partners LP Subsidiary Acquires Synnøve Knutsen Vessel Owner

July 1, 2022

Transportation

KNOT Offshore Partners LP, through its wholly owned subsidiary KNOT Shuttle Tankers AS, acquired KNOT Shuttle Tankers 35 AS — the owner of the shuttle tanker Synnøve Knutsen — from sponsor Knutsen NYK Offshore Tankers AS. The acquisition (financed in part by proceeds from a Torill Knutsen sale-and-leaseback) adds a 153,000 dwt DP2 Suezmax shuttle tanker on a five-year fixed charter to Equinor, extending the Partnership’s fleet and charter coverage while improving liquidity and refinancing flexibility.