Aker Capital AS has acquired 8,240,000 shares in Solstad Offshore ASA, at a mean worth of NOK 48.45 per share.
Following the transaction, Aker Capital holds 27,089,493 shares within the firm, akin to an possession curiosity of roughly 32.9%.
Aker Capital AS is 100% owned by Aker ASA and represented on the board of the corporate by Frank Ove Reite. Frank Ove Reite additionally owns 356,509 shares within the firm, by way of Fausken Invest AS.
In its Q3 market replace, Solstad was optimistic about demand for offshore providers, each from oil and fuel and renewables. “Tender activity and contract awards remained at a high level with improved commercial terms and increased willingness from clients to make longer commitments.”
The firm has not too long ago established a providers division the place extra providers like ROVs, W2W programs, tooling, survey and venture help are supplied to purchasers along with the time constitution of the vessels.