STAVANGER, Norway — Havfram Subsea, a marine construction contractor, is reclaiming its Ocean Installer brand.
Havfram's subsea business was known as Ocean Installer from the company's inception in 2011, with the 2020 name change to Havfram reflecting its diversification into the offshore wind industry. The relaunch follows last year's announcement of the sale of Havfram's wind business lines.
Ocean Installer's operations focus on all aspects of offshore marine construction, encompassing both the traditional oil and gas and emerging renewables markets. The company is expanding its service offerings and will continue to work across all global markets.
Ocean Installer has set out a new strategy and created a new visual identity.
Ocean Installer CEO Kevin Murphy said, "Over the last four years, we have grown our revenue fivefold within the SURF installation and mooring market. As overall demand for marine construction services is growing, we now experience customers inviting us to enter new markets requiring our competence, such as offshore floating wind, CCS and IRM.
"The next step on our journey is to take our expertise in delivering complex marine construction projects and apply it to meet the evolving needs of our customers, as we work together to achieve a balance between energy security and a sustainable transition toward a net-zero future."
In November 2022, Havfram completed the separation of the company into two businesses:
- The offshore wind business is led by CEO Ingrid Due-Gundersen, retains the Havfram name, and was capitalized with a new equity commitment of $250 million by specialized climate infrastructure investment firm Sandbrook Capital; and
- The subsea business is led by Kevin Murphy and continues to be fully owned and supported by HitecVision.
Ocean Installer is a global marine construction company servicing the energy market. Ocean Installer is headquartered in Stavanger, Norway, with regional offices in Oslo, Aberdeen, Houston and Dubai.