Key Clients AKOFS Offshore demonstrates strong client traction with Petrobras and Equinor, including a multi year MPSV contract with Petrobras starting in 2027 and financing support for a well intervention vessel with Equinor. This signals durable demand for subsea well construction and intervention services and opportunities to deepen ties with these operators.

Strategic Ownership Akastor ASA acquired 75 percent of AKOFS Offshore in January 2025, creating potential cross selling opportunities across the Akastor portfolio and easier access to partnerships and capital for new contracts with major operators.

Fleet Financing Substantial financing for a well intervention vessel project with a major operator in December 2024 demonstrates capacity to scale and support long term large value projects.

Regional Focus Based in Norway with existing engagements in Brazil and North Sea markets, AKOFS Offshore is well positioned to pursue expansion with large operators in both the Brazilian and Norwegian basins, as well as other offshore hubs.

Integrated Services As a global provider of vessel based subsea well construction and intervention services covering concept development to offshore execution, AKOFS Offshore can offer integrated end to end project delivery and potentially pair with subsea services such as ROV capabilities to meet operator needs. Past collaborations with IKM Subsea for ROV support illustrate potential for integrated subsea solutions.