Aibel
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Aibel AS is a service company within the oil, gas and offshore wind industries. The company provides engineering, construction, modifications and maintenance through a project's life cycle.


About Aibel

Aibel has more than 4000 employees who design, build, maintain and upgrade oil and gas production facilities. The company works with new and existing facilities onshore and offshore. Aibel is currently present at approx. half of the offshore installations on the Norwegian Continental Shelf, at three onshore facilities in Norway and delivers a wide range of services to operators all over the world; ranging from concept development, studies and field developments to modifications and maintenance of oil and gas installations. Aibel’s headquarter is situated in
Stavanger Stavanger, officially the Stavanger Municipality, is a city and municipalities of Norway, municipality in Norway. It is the third largest city and third largest metropolitan area in Norway (through conurbation with neighboring Sandnes) and the ...
. The company also has engineering offices in
Asker Asker (), also called Asker proper (''Askerbygda'' or ''gamle Asker'' in Norwegian), is a district and former Municipalities of Norway, municipality in Akershus, Norway, located approximately 20km southwest of Oslo. From 2020 it is part of the ...
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Bergen Bergen (, ) is a city and municipalities of Norway, municipality in Vestland county on the Western Norway, west coast of Norway. Bergen is the list of towns and cities in Norway, second-largest city in Norway after the capital Oslo. By May 20 ...
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Harstad Harstad may refer to: Places *Harstad (town) Harstad (; ) is a List of towns and cities in Norway, city in Harstad Municipality in Troms county, Norway. The city is also the administrative centre of Harstad Municipality. The city has a populati ...
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Hammerfest Hammerfest or Hámmárfeasta is a town/cityIn the Norwegian language, the word ''by'' can be translated as "town" or "city". that is also the administrative centre of Hammerfest Municipality in Finnmark county, Norway. It is located on the nor ...
and
Haugesund Haugesund () is a municipalities of Norway, municipality and List of towns and cities in Norway, town on the North Sea in Rogaland county, Norway. As of December 2023, the municipality of Haugesund has a population of 37,855. The vast majority of ...
. The company also has two major yards; one in Haugesund, Norway (former HMV) and one in
Laem Chabang Laem Chabang (, ) is a port city municipality (''thesaban nakhon'') in Si Racha and Bang Lamung districts of Chonburi Province, Thailand. It includes Thung Sukhla subdistrict (''tambon'') and parts of subdistricts Bueng, Nong Kham and Surasak o ...
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Thailand Thailand, officially the Kingdom of Thailand and historically known as Siam (the official name until 1939), is a country in Southeast Asia on the Mainland Southeast Asia, Indochinese Peninsula. With a population of almost 66 million, it spa ...
.


Operations

About half of Aibel’s employees are engaged with maintenance, modification and operating services at existing oil and gas facilities on the Norwegian Continental Shelf. The company has several large, long-term maintenance and modification frame agreements. In addition, Aibel delivers stand-alone modification projects, which include new modules. The company develop concepts for e.g. onshore production facilities, FPSO's (Floating Production Storage and Offloading) and fixed platforms. Being a turnkey supplier, Aibel offers its clients the full range of services, including studies, project management, engineering, procurement, fabrication, installation, commissioning and completion. In August 2011, Aibel was awarded a major contract with ABB for the design and development of the DolWin beta platform for a major offshore wind park off the coast of Germany. The platform will receive alternating current from wind parks and convert it into direct current before sending it onshore via subsea cables. The platform left Aibel’s yard in Haugesund August 2014. In February 2015, Aibel won the contract for the engineering, procurement and construction of the drilling platform for the Johan Sverdrup field. The construction work is now underway at the company’s yards in Haugesund and Thailand and at partner Nymo's yard at Grimstad, Norway.


History

As a trademark and company name, Aibel is relatively new, but the company can look back at over a hundred years of history through companies such as the Electrical Bureau (EB), Haugesund Mekaniske Verksted (HMV), ABB and Umoe. The company has been involved in the development of the oil and gas industry ever since oil was first dicovered under the North Sea. Today, Aibel is an independent company owned by the investment companies Ferd (50 percent), Ratos (32 percent) and the Sixt AP Funds (18 percent). In addition, Aibel owns 40 percent of the Deeline Construction Company, outside Pattaya, Thailand and 50 percent of the EMC (Egyptian Maintenance Company), in Cairo. In recent years, Aibel has become a leading service company also within the offshore wind industry.


See also

*
List of oilfield service companies This is a list of oilfield service companies – which provide services to the petroleum exploration and production industry but do not typically produce petroleum. In the list, notable subsidiary companies and divisions are listed as sub-lists o ...


References

{{Authority control Private equity portfolio companies Engineering companies of Norway Oilfield services companies