Kongsberg Gruppen Asa News

Lisa Edvardsen Haugan was appointed as the new President of Kongsberg Maritime, the largest business area of Kongsberg, replacing  Egil Haugsdal starting in November 2022.Edvardsen Haugan has long and extensive experience from both the defense and civil business area in Kongsberg Gruppen ASA (KONGSBERG), including having been EVP Finance at Kongsberg Maritime and Finance Director at Kongsberg Protech Systems. She currently heads the Deck Machinery & Motion Control division of Kongsberg Maritime.“Following a thorough process to recruit a new leader for Kongsberg Maritime…

30 companies and institutional investors have signed up to the United Nations Global Compact (UNGC) Sustainable Ocean Principles committing to take action to secure a healthy and productive ocean.UNGC is a special initiative of the UN Secretary-General, the United Nations Global Compact works with companies everywhere to align their operations and strategies with ten universal principles in the areas of human rights, labor, environment and anti-corruption.The signatories to the principles include the container ship and supply vessel operator A.P. Møller – Mærsk, food and beverage company PepsiCo, and Norges Bank Investment Management, which manages one of the world’s largest funds with over US$ 1 trillion in assets.

Kongsberg Gruppen ASA (KONGSBERG) today entered into agreement with Rolls-Royce plc to acquire Rolls-Royce Commercial Marine, a world leading technology business within maritime operations. The transaction is structured as an acquisition by KONGSBERG of the marine products, systems and aftermarket services businesses carried out by subsidiaries of Rolls-Royce plc. The transaction does not include Bergen Engines nor Rolls-Royce's Naval Business. The parties have agreed a value for Rolls-Royce Commercial Marine of GBP 500 million (on a cash and debt free basis and with working capital at an agreed level). The final purchase price, will be determined based on Rolls-Royce Commercial Marine's cash, debt and working capital at time of completion of the transaction.

Kongsberg Oil & Gas Technologies AS (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA (KOG), has signed an agreement with Statoil for the delivery of subsea structures, in-line tee’s, tie-in and connection systems for the Polarled gas pipeline. The contract was signed with Statoil on behalf of the partners in the joint venture for Polarled: Statoil, Petoro, OMV, Shell, TOTAL, RWE Dea, ConocoPhillips, Edison, Maersk Oil and GDF SUEZ. Polarled is a new 480-km long gas pipeline from Aasta Hansteen to the Nyhamna processing facility in Møre & Romsdal County.

Kongsberg Oil & Gas Technologies AS (KOGT), a wholly owned subsidiary of Kongsberg Gruppen ASA, announced  the latest release of the advanced Kongsberg Riser Management System (RMS), which introduces a number of new features developed to enhance situational awareness and improve data presentation. RMS is a real-time monitoring and decision support system for safe and optimal operation of drilling and work-over riser systems based on instrumented monitoring of critical parameters. The system is already in use by major operators worldwide.

Kongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, established a new EAME (Europe, Africa, Middle East) headquarters in Guildford, U.K. The new office will provide sales and technical support to customers across the EAME region. The new office will be the focal point for all customers operating in the EAME region, initially concentrating on KOGT's solutions and services in the fields of process simulation and flow assurance projects as well as real-time information systems for drilling decision support.

Sophisticated simulation tools to ensure efficient production at the Shetland Gas Plant processing terminal. Kongsberg Oil & Gas Technologies, a wholly owned subsidiary of Kongsberg Gruppen ASA (KONGSBERG), is pleased to announce a significant contract award from Total E&P Ltd and Dong E&P (UK) Ltd for the supply of a sophisticated Operator Decision Support system for the Laggan-Tormore project. The contract is for the design, build, installation, training and support of a Production Management System (PMS) and an Overall Flow Metering System (OFMS) that will be based at the Shetland Gas Plant processing terminal. The PMS is a dynamic…

Major new project increases safety and reduces risk of flow line installation. Kongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has signed an agreement to supply a flexible risers and umbilicals installation system for the ‘Capstan Reel Installation System’ (CRIS), to the Offshore Installation Group (OIG). The patented CRIS design simplifies the subsea installation process, enabling a reduction in installation time and risk, which translates to significant cost savings.

Acquisition completes following July 4th announced agreement in principle. Kongsberg Maritime AS, a wholly-owned subsidiary of Kongsberg Gruppen ASA, completed the acquisition of Evotec AS on Friday 30th September. Evotec AS develops and delivers technological management systems for the seismic, subsea and supply markets, among others. Within these sectors, the company has developed systems that have allowed it to carve out a position as one of the market's leading suppliers.