Ferguson Modular Invests in Norwegian Market

Tuesday, October 19, 2010

Ferguson Modular, a division of the Ferguson Group, specialists in the rental of accommodation and engineering modules to the offshore energy industry around the world, has invested $1.9m into the manufacture of new modules for the Norwegian market. The modules will be manufactured under NORSOK standards.

Commenting on the investment, Ferguson Modular’s Director of Business Development Gary Wilson said: “The NORSOK compliant modules have been manufactured to expand our rental fleet in Norway and will be available at the end of October through Ferguson Norge AS, our Norwegian division based in Tananger.

“The investment reflects our continued response to customers’ needs as well as our continued investment into our rental fleet, not only in Norway but in all our locations.”

The NORSOK standards are developed by the Norwegian petroleum industry to ensure adequate safety, value adding and cost effectiveness for petroleum industry developments and operations. NORSOK standards are as far as possible intended to replace oil company specifications and serve as references in the authorities’ regulations.

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Diamond Offshore Shares on the Rise

Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a better-than-expected quarterly profit as it cut drilling costs and hiked prices,

Italian Pleads Guilty to Marine-hose Price-fixing in US

A former executive of Parker ITR Srl pleaded guilty on Thursday to conspiring to rig bids for marine hose and was sentenced to two years in prison, the U.S. Justice Department said on Thursday.

Ecochlor Raises $10m for BWT Maket

Ecochlor, Inc. announced that it has completed a $10 million equity financing to support its growth into the burgeoning ballast water treatment market. Since its formation in 2001,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1105 sec (9 req/sec)