NorSea inks UK port deals

Norwegian services player NorSea Group is adding to its UK stable by signing a long-term agreement for operatorship of Smith Quay and Embankment at the port of Peterhead.

The 10-year agreement for the facility at the north-east Scotland port, which is heavily used by the North Sea oil & gas industry, will begin on 1 September.

John Wallace, chief executive of Peterhead Port Authority, said of the deal: “We built up a strong portfolio of clients at the Smith Quay base, but it became apparent that we needed a professionally focused and integrated company such as NorSea Group to continue the success and provide the level of service expected at Peterhead, to grow this business further.”

NorSea has also signed a 15-year lease at South Quay in Montrose and a long-term agreement with Scrabster Harbour Trust.

Kim Christensen, UK managing director for NorSea, said: “The past 12 months has seen considerable company growth within the UK and we now have a major presence in four key Scottish ports – Aberdeen, Montrose, Peterhead, Scrabster with additional service provision at Lerwick and Invergordon.”

The latest deals follow on from the purchase earlier this year of Danish base and logistics supplier Danbor from local conglomerate AP Moller-Maersk for around $42.48 million.

Danbor is based in Esbjerg but also has a presence in Aberdeen and, though a joint venture, in Greenland. It mainly offers services to the likes of related company Maersk Oil and Dansk Undergrund Consortium on the Danish continental shelf.

NorSea director of international and project pperations, Knut Magne Johannessen, said on Monday: “We have made a long-term commitment to the energy sector in the UK and we will continue our plans for future growth.

“Traditionally known as a service provider for the oil and gas industry, our purchase of Danbor has given us the additional resources and facilities we needed to support our intention to provide a full range of services to the renewables and decommissioning markets, both on and offshore.”

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