PR Newswire | May 10, 2021 10:02AM EDT

05/10 09:01 CDT

Akastor ASA: Suspended MHWirth project to be resumed OSLO, Norway, May 10, 2021

OSLO, Norway, May 10, 2021 /PRNewswire/ -- Reference is made to the announcement dated 11 December 2020 on Keppel FELS' suspension notice to MHWirth AS ("MHWirth") under one of the contracts entered into with the yard. MHWirth has today received a notice from Keppel FELS to resume work under this contract, which consequently no longer will be under suspension.

The contract between MHWirth and Keppel FELS was signed in April 2019 (ref. Akastor press release 11 April 2019).

For more information, please contact:

yvind Paaske

Chief Financial Officer

Mobile: +47 917 59 705

E-mail: oyvind.paaske@akastor.com

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SOURCE Akastor ASA