Stavanger, 6 November: Ocean Installer AS, a wholly owned subsidiary of Moreld
ASA, has received a new significant* commitment expanding the scope on an
existing project.
The commitment, from an undisclosed client, covers the execution of a variety
of offshore installation and commissioning activities with associated onshore
project management and engineering.
Offshore activities are planned for 2027 and 2028, with initial onshore
project activities commencing immediately. No further details will be
disclosed at this time.
*Moreld defines a "significant" contract as between NOK 500 million and NOK 1
billion in expected value.
For more information, please contact:
CEO Geir Austigard
Telephone: +47 992 47 500
Email: Geir.austigard@moreld.com
CFO Trond Rosnes
Telephone: +47 404 14 494
Email: Trond.rosnes@moreld.com
About Moreld
Moreld is an industrial multi-disciplinary engineering group offering
full-scope services across the offshore energy and marine industries including
subsea installations. The group comprises Moreld Apply, Ocean Installer and
Global Maritime. Moreld is a major player on the Norwegian continental shelf
with an international footprint. The Group is located in 19 countries, giving
access to all major offshore markets, and has over 2,800 employees and
contractors. For more information, please visit https://moreld.com/.
(https://moreld.com/)
About Ocean Installer
Ocean Installer is a leading marine construction company that specializes in
offshore installation services with more than 15 years of experience
delivering large and complex subsea projects worldwide. The company was
founded in 2011 and joined the Moreld group in 2024. Ocean Installer is
headquartered in Stavanger, with regional offices in key locations including
Oslo, Aberdeen, Rio de Janeiro and Dubai. For more information, please
visit www.oceaninstaller.com. (http://www.oceaninstaller.com/)
t www.oceaninstaller.com. (http://www.oceaninstaller.com/)\