Search
News Archive
-
27 Dec 2007
Grenland Group signs modification contract with Noretyl
Grenland Group has signed a modification contract with Noretyl AS. The contract includes procurement of material and prefabrication of steel and pipe systems together with installation of process equipment and a large column.
-
23 Nov 2007
Grenland Group awarded large contract for Pluto LNG Project
Grenland Group has signed a letter of intent with FMC Technologies in Kongsberg for the fabrication, assembly and testing of subsea structures that will be part of FMC’s delivery to Woodside’s Pluto LNG Project.
-
31 Oct 2007
Grenland Group signs new PetroFlame® burner boom contract
Seadrill Offshore AS has chosen Grenland Group as the supplier of a PetroFlame® burner boom for its newest drillship West Capella.
-
30 Oct 2007
EPCI Contract to Grenland Group for BP Amoco UK and Teekay Petrojarl Production
GG in Sandefjord has once again been awarded an EPCI contract for modification and installation of two new heat exchangers with piping and structure onboard the FPSO Petrojarl Foinaven.
-
24 Oct 2007
Grenland Group strengthens its electro and automation capability
Grenland Group has entered into an agreement to take over the electro and automation company Elteka Teknikk AS at Kjorbekk in Skien, Norway.
-
17 Sep 2007
Grenland Group Strategic Breakthrough in Offshore Modifications
Grenland Group has been awarded an EPCI contract to modify the Oseberg Field Center making it possible to operate at a lower production pressure.
-
10 Sep 2007
Grenland Group breakthrough in the rig market with its own design
Grenland Group has signed a pre EPC agreement for the delivery of its semisubmersible rig design P007-3000. The contract value for Grenland Group is approximately NOK 1.8 billion.
-
29 Aug 2007
Grenland Group signs Partner Agreement with FMC Technologies
Grenland Group ASA and FMC Kongsberg Subsea AS have signed a Memorandum of Understanding for entering into a partner agreement.
-
21 Aug 2007
Tordis in place on the seabed
The large Tordis subsea facility, fabricated by Grenland Group in Tønsberg, now stands safely on the seabed near the Gullfaks field in the North Sea.
-
17 Aug 2007
2. quarter 2007
EBITDA: NOK 17.9 millions in 2. quarter 2007 (NOK -3.7 millions in 2. quarter 2006). Turnover: NOK 324 million in 2. quarter 2007 (NOK 362 millions in 2. quarter 2006). Highest order reserves ever. Positive development in both divisions. Cash flow from operations significantly improved. New marked adjusted organizational structure.
-
2 Aug 2007
Large Contract for Ormen Lange
Grenland Group has signed a letter of intent with FMC Technologies in Kongsberg for the fabrication, assembly and testing of subsea structures for Norsk Hydro’s Ormen Lange Southern Field Development in the Norwegian North Sea.
-
26 Jun 2007
New Burner Boom Contract to Grenland Group
Seadrill has recently awarded a burner boom contract to Grenland Group.
-
19 Jun 2007
Separation Module Contract
Grenland Group at Skudeneshavn on Karmøy has again been awarded a contract for the construction of a separation module for Kanfa AS.
-
12 Jun 2007
EPC contract for Epcon produced water cleaning skid
Grenland Group has signed an agreement with M-I Epcon AS for the delivery of a produced water cleaning skid.
-
31 May 2007
First quarter results 2007
Main points: EBITDA Q1 2007 is NOK 17.6 millions. Turnover increases with 33 % from 4Q 2006. Stable order reserve.
-
9 May 2007
Signs agreement on the Troll O2 project
Grenland Group has today agreed to sign a letter of intent with FMC Technologies, Kongsberg, for the fabrication, assembly and testing of one large subsea structure for Norsk Hydro’s Troll O2 project, offshore Norway.
-
25 Apr 2007
Skomvær prize awarded to Hallgeir Skogen
The CEO of Grenland Group and main shareholder, Hallgeir Skogen, was recently awarded the Skomvær prize during a ceremonial event at Porsgrund Porselænsfabrik (PP).
-
20 Apr 2007
Grenland Group Project Director for Kårstø CO2 Project
Ministry of Petroleum and Energy (OED) has signed a contract with Grenland Group's Technology Division for the assignment of the Project Director for the Kårstø CO2 Separation Project. The Project Director is Ole Rønning.
-
13 Apr 2007
Grenland Group signs new burner boom contracts
Resource Rig Supply and Stena Drilling have once again chosen Grenland Group as their supplier of burner booms. Grenland Group confirms with these contracts the position as a world-class provider of burner booms.
-
30 Mar 2007
Grenland Group signs large agreement on the Vega project
Grenland Group has today agreed to sign a letter of intent with FMC Technologies, Kongsberg, for the fabrication, assembly and testing of three large subsea structures for Norsk Hydro's Vega project, offshore Norway.
-
27 Mar 2007
Partakes in construction of new silicon plant for Elkem Solar
Grenland Group partakes in a complete delivery of one of the process stages for Elkem Solar’s new plant at Fiskaa in Kristiansand, in alliance with Hydro Produksjonspartner (HPP) and Multiconsult.
-
12 Mar 2007
Grenland Group appoints new CFO
Live Haukvik Aker has been appointed Grenland Group CFO. She will succeed Magnar Brekka, who will be dedicated 100% as Executive Vice President for the Fabrication Division in Grenland Group.
-
28 Feb 2007
4Q Results 2007
Financial summary as of 31.12.06 · Total revenue MNOK 1 473.5 · EBITDA MNOK -34.5 · EBITDA Margin -2.3% · Order backlog MNOK 1 079 · Financial summary fourth quarter 2006 · Total revenue MNOK 288.5 · EBITDA MNOK -43.3 · EBITDA Margin -15.0%
-
6 Feb 2007
Research project sponsored by Grenland Group
Buskerud and Vestfold university colleges have launched a research project related to the development of environment-friendly technology.
-
31 Jan 2007
Grenland Group selects Intergraph
Grenland Group ASA has selected Intergraph’s SmartPlant Enterprise portfolio of plant design and information management solutions.
-
30 Jan 2007
Grenland Group signs agreement for the Petronas Sumandak II project, Malaysia
Grenland Group Technology AS has received a Letter of Intent for the delivery of a new Minox Deoxygenation System for the Petronas Sumandak II Waterflood Project in Malaysia.
-
19 Dec 2006
Grenland Group signs historically large agreement on the Gjøa project
Grenland Group has signed a letter of intent with FMC Technologies, Kongsberg, for the fabrication, assembly and testing of five large subsea structures for Statoil’s Gjøa project, offshore Norway.
-
5 Dec 2006
New contract for a VOC Recovery System to Grenland Group
Grenland Group has once again been awarded a contract for installation of a VOC recovery system plant onboard a North Sea shuttle tanker.
-
1 Dec 2006
Agreement signed between Blom Maritime AS and Grenland Group ASA
Blom Maritime AS and Grenland Group’s AsIs laser scanning activity have signed a cooperation agreement. The consortium will be the first to provide a total solution of 3D subsea photogrammetry, laser scanning and traditional industry surveying.
-
24 Nov 2006
New engineering contract for drillship topside design to Grenland Group
Grenland Group has been awarded a total engineering contract for a drillship topside designed for operations in deep waters. This confirms the position of Grenland Group as one of the world’s leading drilling topside designers.
-
22 Nov 2006
Grenland Group management moves into new offices
Grenland Group officially opened its new premises at Hærøya Næringspark in Porsgrunn on November 16. The management group and central financial functions have moved into these offices.
-
13 Nov 2006
Engineering contract for an MPU Heavy Lifter to Grenland Group ASA
Grenland Group has been awarded an engineering contract for an MPU Heavy Lifter for MPU Enterprise AS. The contract includes detail design and engineering, and has a value of approx. NOK 30 million. The work will be performed in Grenland Group’s offices in Sandefjord.
-
10 Nov 2006
3rd Quarter Statement
Financial summary as of 30.09.2006 · Total revenue MNOK 1 185 (704 3Q05) · EBITDA MNOK 8.8 (45.6) · EBITDA Margin 0.7% (6.5%) · Order backlog MNOK 845 (840) · Financial summary third quarter 2006 · Total revenue MNOK 410 (208 3Q05) · EBITDA MNOK -9.8 (14.1) · EBITDA Margin -2.4% (6.8%)
-
27 Oct 2006
Grenland Group awarded prize by FMC Technologies, Kongsberg
Grenland Group’s subsidiary Grenland Offshore AS was awarded the “Distinguished Supplier Award” during FMC Technologies’ supplier day at Kongsberg on October 24. FMC Technologies is one of Grenland Group’s major clients.
-
25 Oct 2006
Drillship with topside design by Grenland Group at record chartering rates
John Fredriksen’s Seadrill obtains record chartering rates for the new drillship ”West Polaris”. The drillship is under construction at Samsung Heavy Industries in Korea.
-
11 Sep 2006
Successful delivery to Agbami
Two large process packages were delivered last week by Grenland Group’s yard in Tønsberg, Norway. Grenland Minox AS, a subsidiary of Grenland Group located at Notodden, is in charge of the delivery.
-
5 Sep 2006
Grenland Group enters into agreement with Frontline
Grenland Group’s Technology Division has entered into a frame agreement with Frontline Management AS for the building of Frontline’s new fleet of oil and gas production vessels.
-
21 Aug 2006
Grenland Group nominated for Innovation Award at ONS 2006
Grenland Group AsIs® North America, Inc. announces that it has been nominated to receive the Innovation Award at this year’s Offshore Northern Seas Conference to be held in Stavanger, Norway August 22-25.
-
11 Aug 2006
2nd Quarter Statement
Financial summary as of 30.06.2006 • Total revenue MNOK 775 • EBITDA MNOK 32.2 (18.7 incl. accrual restructuring cost) • EBITDA Margin 4.1% (2.41% incl. accrual restructuring cost) • Order backlog MNOK 845 Financial summary second quarter 2006 • Total revenue MNOK 362.8 • EBITDA MNOK 9 840 (-3.7 incl. accrual restructuring cost) • EBITDA Margin 2.7% (-1.01% incl. accrual restructuring cost)
-
17 Jul 2006
Successfull delivery to the Tordis Field
The first Tordis Field subsea structures were successfully loaded out at Grenland Group’s yard in Langesund on the 13th of July by use of the floating barge Taklift.
-
11 Jul 2006
Contract for Burner Booms to the Stena Drill MAX
Grenland Group has been awarded the EPC contract for Burner Booms to the Stena Drill MAX drillship I&II.
-
4 Jul 2006
Engineering contract for HiLoad DP for Remora ASA
HiLoad DP is the next generation oil offloading system from offshore fields to tankers. The contract includes detailed design and engineering and will start 1 August 2006. The contract has a value of approx. NOK 20 million.
-
30 Jun 2006
Grenland Group contract for the Shell Ursa project
Grenland Minox has entered into a contract with Shell Exploration & Production Company, New Orleans, USA for the delivery of a new Minox Deoxygenation System for the Shell Ursa Princess Waterflood Project.
-
30 May 2006
1st Quarter Statement
Summary of first quarter 2006 • Historical high revenue • Strong organic growth • Acquisitions - positive contribution • HSE – positive development • Sick leave – lowest ever • High and stable order backlog Financial summary • Total revenue MNOK 412.2 • EBITDA MNOK 22.3 • EBITDA Margin 5.4% • Order backlog MNOK 864
-
12 May 2006
New CFO in Grenland Group ASA
Grenland Group ASA has employed Magnar Brekka (53) as Senior Vice President and CFO. Magnar Brekka will start as CFO on May 12. Magnar Brekka has been working in Grenland Group since 2004 as the Executive Vice President of the Process & Industry Division.
-
11 May 2006
Annual Shareholder Meeting
The Annual Shareholder Meeting in Grenland Group ASA was held at 11 am on 11 May 2006. The board's recommendations were approved. The signed protocol is attached.
-
5 Apr 2006
EPC contract awarded
Grenland Framnæs has signed a contract with FMC Technologies for the Engineering, Procurement and Construction of 4 off Subsea Distribution Units (SDUs).
-
31 Mar 2006
Final annual accounts approved
The Board of Grenland Group ASA has on March 30, 2006 given its approval of the official audited 2005 accounts.
-
29 Mar 2006
Grenland Group strengthens its conceptual engineering ability
Grenland Group ASA confirms having signed a Share Purchase Agreement for the acquisition of the recognised Norwegian engineering company Real Concept Group AS.
-
10 Mar 2006
Grenland Group again strengthens its engineering ability
Grenland Group has entered into an agreement to take over the engineering activities of Nopicon AS.
-
6 Feb 2006
Grenland Group agreement for the Tyrihans project
Grenland Group has signed a letter of intent with FMC Kongsberg Subsea for the fabrication and testing of five template structures with manifolds for Statoil’s Tyrihans project on the Haltenbank in the North Sea.
-
2 Feb 2006
Grenland Group awarded fabrication contract for the Vigdis extention project
Grenland Group has signed a contract with FMC Kongberg Subsea for the fabrication of subsea systems for Statoil’s Vigdis extention project in the North Sea.
-
19 Jan 2006
Establishing an engineering outlet in northern Norway
Grenland Group, in cooperation with Harstad Skipsindustri (HSI), has decided to establish an engineering company; ”Grenland Arctic Engineering” in Harstad. Grenland Group will be the majority owner of the company.
-
17 Jan 2006
Strengthen the engineering ability
Grenland Group has today signed an Agreement of Intention of acquiring the recognised Norwegian engineering company Real Concept Group AS. Final share purchase agreement and take-over is planned early February.
-
12 Jan 2006
Extraordinary General Meeting held
The extraordinary general meeting of Grenland Group ASA has today been held. All proposed agenda items were approved.
-
11 Jan 2006
Confirms leading position as drillship topside designer
Grenland Group has obtained another total engineering contract for a topside on a drillship designed for operations in deep waters. This confirms the position of Grenland Group as one of the world's leading drillship topside designers.
-
23 Dec 2005
Grenland Group ASA acquires Minox Technology AS
Grenland Group signed today a share purchase agreement to acquire all the shares of the technology company Minox Technology AS.
-
5 Dec 2005
Very successful employee share issue and retail offering
Grenland Group ASA has completed its share issue directed towards employees as well as the retail offering directed towards the broader market
-
22 Nov 2005
Successful share issue and secondary sale of shares for Grenland Group
Grenland Group ASA has fulfilled a private placement as a preparation for the stock-exchange listing on Oslo Børs. The transaction was more than 60% oversubscribed from the highest volume
-
17 Nov 2005
Grenland Group awarded fabrication contract for the Tordis field
Grenland Group has signed a letter of intent with FMC Kongsberg Subsea for the fabrication and assembly of the main structure of a Subsea Separation and Injection Station on Statoil’s Tordis field.
-
25 Oct 2005
New engineering contracts for drillship topside design to Grenland Group
Grenland Group has been awarded two total engineering contracts for drillship topsides designed for operations in deep waters. This confirms the position of Grenland Group as one of the world’s leading drillship topside designers.
-
18 Oct 2005
Third Quarter Statement
Summary of financial information * Total revenue as of 30.09.2005 MNOK 704.3 * EBITDA MNOK 45.6 * EBITDA Margin 6.5% * Order Backlog at MNOK 840
-
17 Oct 2005
Protokoll ekstraordinær generalforsamling
Grenland Group ASA har i dag avholdt ekstraordinær generalforsamling.
-
20 Sep 2005
New loading buoy contract to Grenland Group
Grenland Group has signed a contract with the APL in Arendal for the construction of a large loading buoy for the Gulf of Mexico.
-
8 Sep 2005
Grenland Group awarded engineering contract for drillship topside
Grenland Group has been awarded a major engineering contract by Samsung Heavy Industries Co. LTD., for the topside engineering of the drillship which SHI shall deliver to Stena Drilling Ltd.
-
6 Sep 2005
Grenland Group awarded semi upgrade design contract
Grenland Group has been awarded a major engineering contract by Fred. Olsen Energy AS for the upgrade of a semisubmersible drilling unit of Aker H-3 design.
-
29 Jul 2005
Snøhvit subsea spools successful load-out
Grenland Group has successfully loaded out 8 subsea spools to its client Technip, for the "Snøhvit” (Statoil) project.
-
21 Jul 2005
New contract process module contract to Grenland Group
Grenland Group, in cooperation with Kanfa AS, has signed a contract with Bergesen Worldwide Offshore for the delivery of process modules to the KMZ field (the Ku, Maloob and Zaap field).
-
14 Jul 2005
Subsea systems for Oseberg Delta
A letter of intent has been signed by FMC Kongsberg Subsea and Grenland Group for the fabrication of subsea systems for Norsk Hydro’s Oseberg Delta Field in the North Sea. This assignment is worth between NOK 25-30 million.
-
14 Jul 2005
Boosting recovery on Tordis
A letter of intent has been signed by FMC Kongsberg Subsea and Grenland Group for the fabrication of a subsea separation station to improve oil recovery on the Tordis field in the North Sea.
-
22 Jun 2005
Load-out of Ormen Lange at Grenland Group's yard in Tønsberg
The Ormen Lange subsea structures were successfully loaded out on the 18-21st of June by use of Mammoets multiwheel trailers.
-
21 Jun 2005
Scrubber module to “SSP Piranema” for Sevan Marine and Kanfa
Grenland Group has been awarded the contract for the production of a scrubber module to “SSP Piranema” for Sevan Marine and Kanfa.
-
21 Jun 2005
Anode superstructures to Alcoa Iceland
Grenland Group has been awarded the contract for the fabrication, commissioning and testing of 337 anode superstructures for the Alcoa Fjardaal’s aluminium plant in Iceland.
-
7 Jun 2005
Grenland Group has signed a contract with Epcon Offshore AS
Grenland Group has signed a contract with Epcon Offshore AS for the fabrication of a produced water treatment unit for Paladin Resources Plc, Montrose Platform.
-
9 May 2005
Fabrication of a loading buoy for the Alvheim FPSO
Grenland Group has signed a contract with the Arendal company APL for fabrication of one large loading buoy for the Alvheim field.
-
30 Apr 2005
Delivery of sea water treatment unit and metering module on FSO
Grenland Group has successfully delivered and installed a sea water treatment module and a metering unit onboard the newbuilt Corocoro FSO at Samsung Heavy Industry (SHI) in Korea. The FSO shipowner is ConocoPhillips Venezuela.
-
19 Apr 2005
3D scanning contract awarded by Statkraft
Statkraft has awarded Grenland Group a contract for the modelling of one of their facilities prior to valve replacement. The facilities will be digitized through the power of 3D laser scanning technology and software.
-
19 Apr 2005
Bottleneck Project PP-175
On the 30 March, Jacobs Nederland BV awarded Grenland Group a contract for the piping, equipment and mechanical installation.
-
19 Apr 2005
Rebuilding of crackers at Esso Slagentangen
Esso Slagentangen has awarded Grenland Group the rebuilding of 2 crackers into low NOX-burners to meet new requirements from 2007.
-
15 Apr 2005
Statfjord Senfase contract awarded
Grenland Group has signed a letter of intent for the modification of the drilling facilities onboard the “Statfjord B” and “Statfjord C”.
-
5 Apr 2005
Grenland Group breakthrough as a considerable cast iron supplier
Grenland Group has been awarded the contract for the supply of 1240 tonnes of cast iron to Nordural.
-
31 Mar 2005
Ormen Lange heavy lift in Tønsberg
On Thursday, the first of the two giant manifolds - outfitted with utility gear - was lifted and mated with one of the two subsea well templates.
-
29 Mar 2005
Grenland Group breakthrough as a considerable anode latches supplier
Grenland Group has been awarded the contract of supplying 5450 anode latches to Nordural. The project will be executed within one year.
-
15 Jan 2005
Forced suction system installation at Hydro Aluminium Karmøy completed
Grenland Group has completed the installation of a forced suction system for the whole prebake line at Hydro Aluminium Karmøy. The installation was performed with the cells in full operation.
-
10 Jan 2005
MEG Module to "Ormen Lange" for Kværner Process Systems
Grenland Group has been awarded the contract for production of a MEG (Mono Ethylene Glycole) module to the "Ormen Lange" field for Kværner Process Systems.
-
10 Dec 2004
Three WHRUs to Prirazomnoye for KanfaTEC
Grenland Group has been awarded the contract for production of 3 WHRUs (Waste Heat Recovery Unit) to the Prirazomnoye field in Russia, for the Norwegian company KanfaTEC.
-
2 Dec 2004
Grenland Group and Heerema Fabrication Group Norge have signed a Letter of Intent
Grenland Group and Heerema Fabrication Group Norge have signed a letter of intent with respect to a proposed transfer of the shares, personnel and organization of Heerema Tønsberg AS to Grenland Group, and the entering into a lease purchase agreement by Grenland Group for the property of the Heerema Tønsberg yard as per 1 January 2005.
© Grenland Group ASA | E-mail: | Switchboard: +47 335 08580 | Telefax: +47 33 44 66 01