Norsea Group News

 

Wilhelmsen, NorSea Acquire Stake in Norwegian Deep-sea Mining Firm

Aug 12, 2021

Global maritime group Wilhelmsen and the Norwegian offshore supply base firm NorSea have together acquired an 18% stake in the Norwegian deep-sea mining company Loke Marine Minerals.'As the energy transition continues to gather pace, we are actively looking at new projects and business areas…

TechnipFMC Joins Seabed Mineral Extraction Arena

Aug 12, 2021

TechnipFMC, a company best known for its offshore oilfield services and equipment, is looking to diversify its offering and has now joined forces with Loke Marine Minerals (Loke) to develop enabling technologies for the extraction of seabed minerals in Norway…

AqualisBraemar Completes LOC Takeover. Targets 50% of Revenues from Renewables

Dec 22, 2020

Offshore energy and marine consultancy AqualisBraemar has completed the acquisition of the marine and engineering consulting firm LOC Group (London Offshore Consultants).Oslo-listed AqualisBraemar announced the completion of the transaction on Tuesday…

Norway Launches Offshore Wind Research Center - Northwind

Dec 11, 2020

Norwegian government on Friday announced the launch of a major research center aimed at making wind power cheaper, with a big focus on offshore wind.The Norwegian Minister of Petroleum and Energy, Tina Bru, announced an investment of 120 million NOK (EUR 11…

Equinor Awards Supply Bases Services Contracts Worth $155M

Nov 11, 2020

Norwegian energy firm Equinor has awarded Norsea Group, Saga Fjordbase, and ASCO Norge contracts for services at supply bases in Norway. The contracts are awarded on behalf of Equinor operated licenses on the Norwegian continental shelf.Peggy Krantz-Underland…

Tekmar Group Names New CEO

Oct 15, 2020

Tekmar Group, a provider of offshore energy equipment and services, has appointed Alasdair MacDonald as Chief Executive Officer.Alasdair MacDonald was Chairman of Tekmar Energy, a design, engineering, and manufacturing specialist of subsea protection systems for subsea cables…

Ulstein Names Marti as CEO

Oct 13, 2020

Norwegian shipbuilder and vessel design group Ulstein announced Tuesday that its CFO Cathrine Kristiseter Marti has been promoted to replace long-serving CEO Gunvor Ulstein, who has decided to step down.Marti will take over as CEO on November 2 after six years as Ulstein Group's CFO…

Wilhelmsen Buys Into Østensjø's Offshore Wind Business

Sep 15, 2020

Wilhelmsen, one of the world's largest shipping companies, has agreed to acquire a 25% stake in Østensjø Group’s growing offshore wind business Edda Wind.Wilhelmsen has also secured an option to buy another 25% before June 2021. Launched in 2018…

OSB Market to Reach $6.4Bn by 2026

Mar 04, 2020

Global offshore support vessels supply base (OSB) market to reach around USD 6400 million by 2026 and is increasing at a CAGR of 5.4% during forecast period.According to a report by Facts & Factors, an increase in offshore investments in emerging…

Unique Group Acquires APAC Marine Unit

Feb 09, 2020

Integrated marine and subsea solutions provider Unique Group has announced the acquisition of the Australian-company Western Advance’s Marine Division.The provider of services and solutions for the offshore, subsea and life support industries…

Havyard Group Taps Larsen as CEO

Dec 02, 2019

Norwegian offshore and fishing vessel builder Havyard Group said Gunnar Larsen will serve as interim CEO until the group finds a replacement for retiring chief executive Geir Johan Bakke.Bakke has been employed in Havyard Group since 2001, and he has been CEO since 2004…

NorSea Wind Appoints Pedersen CEO

Jun 11, 2019

NorSea Wind, part of the Wilhelmsen Ship Management (WSM) Group, has named Anders Peter Pedersen as its new chief executive officer (CEO).  Pedersen  has extensive experience from the green energy sector. A lot has happened in the harbor since…

Wilhelmsen Acquires 50% of NorSea Wind

Jun 05, 2019

Norway-based global maritime industry group Wilhelmsen Ship Management (WSM) has announced the acquisition of a 50% stake of NorSea Wind and it’s subsidiaries to expand its offerings in the the renewable wind energy market.NorSea Wind, founded in 2016 as a subsidiary of  Norsea Group…

Three IMR Trends

Apr 24, 2019

For years, “maintenance and modifications” were catchwords for nearly everything that wasn’t greenfield activity offshore. Two economic slowdowns later, subsea “M&M” might be seen as inspection, maintenance and repair (IMR), a segment that includes light well intervention…

Aleron Acquires IMPAQ

Mar 27, 2019

Aberdeenshire-based subsea firm Aleron Group said it has acquired electrical drive engineering specialist IMPAQ as part of a plan to expand beyond offshore oil and gas into new markets including military, defense and nuclear industries.“This…

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