Akastor ASA: Suspended MHWirth project to be resumed
Akastor ASA announced that MHWirth has received a notice from Keppel FELS to resume work on a contract suspended since December 2020. The contract, originally signed in April 2019, will now proceed without further delay. This development signifies a positive turn for MHWirth, potentially impacting the company’s operational capacity and revenue forecasts positively.
- Resumption of the suspended contract with Keppel FELS could enhance revenue streams for MHWirth.
- Indicates improved operational stability and project continuity.
- None.
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:
Øyvind Paaske
Chief Financial Officer
Mobile: +47 917 59 705
E-mail: oyvind.paaske@akastor.com
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SOURCE Akastor ASA
FAQ
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