Akastor's drilling business takes deep plunge
Norwegian Akastor ASA, which is controlled by billionaire Kjell Inge Røkke (photo) and where the state of Norway is a major shareholder, noted a big blow with a further deterioration of the conditions in the offshore sector in the fourth quarter 2015, which was a year in which especially MHWirth (Drilling technology etc. ed.) took a massive hit.
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