Norwegian subsea vessel owner Ocean Installer has changed its name to reflect its growing focus on the offshore wind market
The company, now to be known as Havfram, said the name change “reflects the company’s increased commitment to offshore wind.” It said it aims to become a leading player in the installation and development of offshore wind projects, in addition to being a provider of conventional subsea services in the offshore oil and gas market.
To better emphasise its increased commitment to offshore wind and create new business opportunities, the company has established three business areas: Hav Dyp, Hav Vind and Hav Kraft.
Hav Dyp includes the company’s current operations in subsea oil and gas projects. The Hav Vind business unit will carry out installation and project execution relating to offshore wind projects. Hav Kraft will provide consulting services for the development of offshore windfarms.
Havfram chief executive Odd Strømsnes said, “It is important for Norwegian industry to be able to supplement its traditional business offerings in the oil and gas industry with new business areas and opportunities.
“The solid revenues derived from our oil and gas projects, as well as our broad project and engineering expertise, are being utilised to create a new player in the offshore wind segment.”
In August, the company announced details of its collaboration with Vard to develop an installation vessel for offshore wind turbines. The design has the capacity to install turbine components of up to 1,000 tonnes at a height of 150 m.
Mr Strømsnes said, “This collaboration between us and Vard is an excellent example of how Norwegian industry could and should evolve.” He said the project demonstrated the company’s ability and that of Norwegian industry as a whole to draw on its experience from many years of work on the Norwegian continental shelf and apply that experience in offshore wind.
Havfram said it anticipates turnover of around Nkr2.5Bn (US$290M) this year. The company has 260 employees and is based in Stavanger, Norway, with offices in Oslo, Aberdeen, Dubai, Houston and Perth. The company is fully owned by HitecVision.