Akastor, part of Kjell Inge Røkke's Aker group, joins US-based Baker Hughes in establishing a joint venture to deliver global drilling solutions. Activities will be managed from both Norway and the US.
Norwegian MHWirth, owned by Aker company Akastor ASA, gets new top executives. Eirik Bergsvik takes over as new CEO of the drilling company, effective immediately, while Merril A. "Pete" Miller Jr becomes new chairman.