Akastor ASA (OSE: AKA), an oil service investment company, today announced that Pete Miller has been appointed Executive Chairman of MHWirth and Eirik Bergsvik as CEO. Both changes are effective today.

AFGlobal and MHWirth have entered into a distribution agreement, providing the managed pressure drilling market with a comprehensive package for deepwater rig systems.

Finn Amund Norbye has informed the MHWirth Board of Directors that he will leave the position as CEO of MHWirth within the end of 2018.

MHWirth AS has entered into a 10-year contract with Noble Drilling for delivery of MHWirth’s RiCon™ system, replacing traditional inspection scope of work with data capture, calculations and aimed inspections.

Finn Amund Norbye has informed the MHWirth Board of Directors that he will leave the position as CEO of MHWirth within the end of 2018. “MHWirth has through Finn Amund Norbye’s leadership completed a successful turn-around following the downturn in the oil service industry that started in 2014. Norbye has contributed greatly to improve MHWirth’s competitive position through the down