Wilhelmsen, NorSea Acquire Stake in Norwegian Deep-sea Mining Firm
, the minerals on the Norwegian Continental Shelf (NCS) alone are estimated, by an independent study conducted by the Norwegian University of Science and Technology, to be worth a total of USD 100 billion and could support the creation of 20000 new jobs," the press statement by the duo reads.NorSea Group and Wilhelmsen will be represented on the Loke Marine Minerals’ board by Wilhelmsen’s Espen Gjerde, VP Strategy and M&A.Commenting on the deal, Jan Eyvin Wang, Executive Vice President of Wilhelmsen’s New Energy segment says: “We are focused on supporting the energy
TechnipFMC Joins Seabed Mineral Extraction Arena
robotics and extensive history on the [Norwegian Continental Shelf] can help meet the rising demand for new technologies and resources that are driving the energy transition.”TechnipFMC has a minority ownership stake in Loke. Wilh. Wilhemsen Holding ASA, a global maritime industry group, and NorSea Group have also taken an ownership stake in Loke.Walter Sognnes, CEO at Loke, commented, “We are very excited and pleased to get these first-class and top choice companies to join on the owner side of Loke. We see great benefits for the exciting phase the company now is entering from what they
NorSea Group, Scotoil Combine as NSDecom
NorSea Group (UK) Ltd and Scotoil Services Ltd, two of the leading service companies in the onshore decommissioning sector, have joined forces as NSDecom. The new collaborative venture will bring more efficient and cost effective benefits to the sector by providing a single project focal point for all services related to quayside and onshore decommissioning activity. Targeted at operators, project managers and lead contractors the new partnership combines the logistics expertise of NorSea Group with Scotoil’s track record of experience in waste management and NORM decontamination.
NorSea Group Adds UK Finance Director
NorSea Group (UK) Ltd has appointed Karen Russell as its first UK Finance Director. Russell becomes the third addition to the group’s executive team as the company continues to grow its activity across Scotland in both the decommissioning and subsea support sectors. She joins MD Walter Robertson and Operations Director Mike Munro in the new team leading the company’s expansion in the UK. Russell has more than 13 years’ experience in the oil and gas industry. She began her accountancy training with Deloitte and Touche, then worked in financial roles with both Qserv
NorSea Group Makes Long-term UK Commitment
NorSea Group (U.K.) Limited is making a major, long-term commitment to the U.K. with the announcement that it will take over operatorship of Smith Quay and Embankment at Peterhead on a 10-year agreement as of September 1. NorSea Group also has a 15-year lease at South Quay in Montrose and a long term agreement with Scrabster Harbour Trust. John Wallace, CEO at Peterhead Port Authority is delighted to welcome NorSea Group to the Port given their profile within the industry, personnel and resources. “We built up a strong portfolio of clients at the Smith Quay base, but it became apparent that
NorSea Invests in First Scotland Supply Base
NorSea Group and the Scrabster Harbour Trust in Caithness have agreed on construction of the new supply base for the oil & gas sector. Under the agreement NorSea Group will work with the Trust to bring in new business and develop Scotland’s most northerly mainland port as a one-stop supply base servicing the oil and gas industry. "We are very excited about co-operating with Scrabster Harbour Trust to develop business for the strategically important port of Scrabster. The vision and commitment of the Trust have been fundamental in our decision to establish NorSea Group there. We are
February 2024
