Akastor ASA 2021 Annual Report

Akastor's 2021 annual report highlights the merger of MWH with Baker Hughes' Subsea Drilling Systems to create HMH, a full-service offshore drilling company. The company received NOK 644 million in net cash consideration, strengthened its balance sheet, and secured USD 160 million in contracts for drilling equipment delivery. Key metrics include NOK 5.1bn in net capital employed and a 57% equity share.