PR Newswire | Mar 2, 2021 06:20AM EST

03/02 05:19 CST

Akastor ASA: Investor presentation on joint venture involving MHWirth OSLO, Norway, March 2, 2021

OSLO, Norway, March 2, 2021 /PRNewswire/ -- Reference is made to the stock exchange release from earlier today whereby Baker Hughes (NYSE:BKR) and Akastor ASA (Oslo:AKAST) announced an agreement to create a joint venture that will bring together Baker Hughes' Subsea Drilling Systems business with Akastor's wholly owned subsidiary, MHWirth AS. Attached hereto is the presentation to be used in the investor conference to be held as a webcast only on Tuesday March 2, 2021 at 14:00 CET (link to webcast below).

Live webcast and replay link:

https://channel.royalcast.com/landingpage/hegnarmedia/20210302_2/

For further information, please contact:yvind PaaskeChief Financial OfficerTel: +47 917 59 705Oyvind.paaske@akastor.com

This information was brought to you by Cision http://news.cision.com

The following files are available for download:

https://mb.cision.com/Public/18618/3298291 Akastor Investor conference/b763d289d29216c1.pdf presentation 2 March 2021

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SOURCE Akastor ASA