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 ...
petroleum company. Founded in 2004, the company has its headquarters in
Oslo, Norway and was listed on the
Oslo Stock Exchange
Oslo Stock Exchange ( no, Oslo Børs) (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, deriv ...
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, owning 61.5% of the company. The companies are controlled by the Olsen family. The firm has offices in Oslo;
Houston,
United States;
Singapore; and
Port Harcourt,
Nigeria.
The company owns and operates three
Floating Production Storage and Offloading
A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil. An FPSO vessel is designed to receive h ...
vessels (FPSOs), two
Floating Storage and Offloading
A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil. An FPSO vessel is designed to receive h ...
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 (because ...
tanker to FPSO and an addition tanker available for conversion. Operations are located in
Western Africa and the
Red Sea. Among the vessels was ''Knock Nevis'', the world's largest ship, which was created from the
tanker
Tanker may refer to:
Transportation
* Tanker, a tank crewman (US)
* Tanker (ship), a ship designed to carry bulk liquids
** Chemical tanker, a type of tanker designed to transport chemicals in bulk
** Oil tanker, also known as a petroleum ta ...
previously known as ''
Seawise Giant
TT ''Seawise Giant''—earlier ''Oppama''; later ''Happy Giant'', ''Jahre Viking'', ''Knock Nevis'', and ''Mont''—was a ULCC supertanker that was the longest self-propelled ship in history, built in 1974–1979 by Sumitomo Heavy Industries i ...
''.
References
External links
Official website
Oil companies of Norway
Floating production storage and offloading vessel operators
Fred. Olsen & Co.
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