Norway Looking to Divest Stakes in Four Aker Firms

Terje Solsvik
Tuesday, November 10, 2020

The Norwegian government is seeking approval from parliament to divest the state's stakes in Aker Solutions, Akastor, Aker Offshore Wind and Aker Carbon Capture, the industry ministry said on Tuesday.

"We are in no hurry to sell the government's shares in these companies but are open to doing so if we can get a good price," Industry Minister Iselin Nyboe said in a statement. 

(Reporting by Terje Solsvik, editing by Gwladys Fouche)

Categories: Energy Activity Europe Regulations

Related Stories

Aker BP Set for Drilling Ops in Norwegian Sea

Shell Trims LNG Production Outlook Ahead of Weaker Q4 Financial Report

ASCO Secures Aker BP’s Contract to Support Norwegian Ops

Current News

BOEM Boosts Monetary Penalties for Oil & Gas firms

Portugal Selects Four Offshore Wind Farm Sites Ahead of Auction

Technical Issue Shuts Down BP’s Caspian Sea Gas Platform

Kazakhstan Orders Kashagan Oil Field Operator to Pay $6.6M Fine

Subscribe for OE Digital E‑News