Underwater newcomer doubles fleet size
About to start building a major branch in Aberdeen.
‘New kid on the block’ Ocean Installer is to rent the other half of Solstad Shipping’s “Normand Mermaid” for at least the next five years.
“We hope that our collaboration with Solstad could encompass there being further vessels at our disposal in the future,” he tells Aftenbladet.
Starts building a branch in Aberdeen
Mr Riise adds that Ocean Installer has doubled employee numbers at its Stavanger head office during the last six months to almost 75 people now. The company is also about to start building a major branch in Aberdeen.
Ocean Installer will have access to the “Normand Mermaid” from early 2013. It adds to its existing contract with Solstad for “Normand Clipper”.
* Oil price fallen USD 20 per barrel in three months. * OPEC to try to slow dramatic fall. * Falling oil price and tough international competition may spawn up to 25% investment cut. * Could reinforce oil industry crisis.
The government's partner Party wants answers as to the importance of the giant field being controlled from Stavanger.