Fred. Olsen Production is a Norwegian offshore

floating production Floating may refer to: * a type of dental work performed on horse teeth * use of an isolation tank * the guitar-playing technique where chords are sustained rather than scratched * ''Floating'' (play), by Hugh Hughes * Floating (psychological phe ...

petroleum Petroleum, also known as crude oil or simply oil, is a naturally occurring, yellowish-black liquid chemical mixture found in geological formations, consisting mainly of hydrocarbons. The term ''petroleum'' refers both to naturally occurring un ...

company. Founded in 2004, the company has its headquarters in

Oslo Oslo ( or ; ) is the capital and most populous city of Norway. It constitutes both a county and a municipality. The municipality of Oslo had a population of in 2022, while the city's greater urban area had a population of 1,064,235 in 2022 ...

, Norway and was listed on the

Oslo Stock Exchange Oslo Stock Exchange () (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway's only regulated markets for securities trading today. The stock exchange offers a full product range including equities, derivatives and fixed ...

from May 11, 2007 until January 20, 2014.http://www.oslobors.no/Oslo-Boers/Om-oss/Presserom/Pressemeldinger/Fred.-Olsen-Production-strykes-fra-Oslo-Boers The company's largest owners are Bonheur and Ganger Rolf through

First Olsen First most commonly refers to: * First, the ordinal form of the number 1 First or 1st may also refer to: Acronyms * Faint Images of the Radio Sky at Twenty-Centimeters, an astronomical survey carried out by the Very Large Array * Far Infrared a ...

, owning 61.5% of the company. The companies are controlled by the Olsen family. The firm has offices in Oslo;

Houston Houston ( ) is the List of cities in Texas by population, most populous city in the U.S. state of Texas and in the Southern United States. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the county seat, seat of ...

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

;

Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...

; and

Port Harcourt Port Harcourt (Pidgin: ''Po-ta-kot or Pi-ta-kwa)'' is the capital and largest city of Rivers State in Nigeria. It is the fifth most populous city in Nigeria after Lagos, Kano, Ibadan and Benin. It lies along the Bonny River and is locate ...

Nigeria Nigeria, officially the Federal Republic of Nigeria, is a country in West Africa. It is situated between the Sahel to the north and the Gulf of Guinea in the Atlantic Ocean to the south. It covers an area of . With Demographics of Nigeria, ...

. The company owns and operates three Floating Production Storage and Offloading vessels (FPSOs), two Floating Storage and Offloading vessels (FSOs) and one production jack-up (MOPU). The company is also converting one

suezmax "Suezmax" is a naval architecture term for the largest ship measurements capable of transiting the Suez Canal in a laden condition, and is almost exclusively used in reference to tankers. The limiting factors are beam, draft, height (becau ...

tanker to FPSO and an addition tanker available for conversion. Operations are located in

Western Africa West Africa, also known as Western Africa, is the westernmost region of Africa. The United Nations defines Western Africa as the 16 countries of Benin, Burkina Faso, Cape Verde, The Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Ma ...

and the

Red Sea The Red Sea is a sea inlet of the Indian Ocean, lying between Africa and Asia. Its connection to the ocean is in the south, through the Bab-el-Mandeb Strait and the Gulf of Aden. To its north lie the Sinai Peninsula, the Gulf of Aqaba, and th ...

. Among the vessels was ''Knock Nevis'', the world's largest ship, which was created from the tanker previously known as ''

Seawise Giant TT ''Seawise Giant''—earlier ''Oppama''; later ''Happy Giant'', ''Jahre Viking'', ''Knock Nevis'', and ''Mont''—was a Oil tanker, ULCC supertanker and the longest self-propelled ship in history. It was built in 1974–1979 by Sumitomo Heavy ...

''.

References

External links

Official website
Oil companies of Norway Floating production storage and offloading vessel operators Fred. Olsen & Co. {{Norway-company-stub