Semco Maritime lands strategically important order worth DKK 60 m  

2007.10.03
Denmark's Semco Maritime has gained a strategically important contract for modernising fire and gas detection on Statoil's Gullfaks A rig in the North Sea
Semco Maritime, a leading Danish engineering and contracting company for the marine, oil and gas sector, has gained a strategically important contract for modernising fire and gas detection on Statoil's Gullfaks A rig in the North Sea. The contract is worth DKK 60 m (USD 11.4 m) and comprises replacement and upgrading of smoke, heat, flame and gas detectors.
 
Erik Gaj Nielsen, managing director of Semco Maritime says: "What is interesting to us is that it's the first time we have gained a contract with Statoil involving a collaboration between our Norwegian division and Danish engineers. Until now, they have insisted on having Norwegian engineering on their tasks, so to us it is a breakthrough."
 
Semco Maritime will have 35 people working on the project. The planning will be carried out in Esbjerg where Semco Maritime is headquartered, while the installation will be carried out by its Norwegian division. Nielsen reckons the contract will pave the way for more orders in the Norwegian oil and gas sector, which is about 10 times larger than the Danish, with Statoil being the dominant player accounting for 60% of production.
 
"The potential is enormous, also greater than we can currently handle, but it is our plan to grow significantly up there [in Norway]," says Erik Gaj Nielsen.
 
Semco Maritime employs around 900 people in Denmark, UK, Norway and the USA. The company is jointly owned by C.W. Obel and Danfoss. The news was reported by financial daily newspaper Børsen.
 
Link > Semco Maritime     

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