Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Diversification paying off for north-east firm NorSea UK

NorSea UK Diversification
Karen Russell of NorSea

Logistics firm NorSea UK has reached a 30-vessel milestone after launching a diversification strategy for its operation at Peterhead.

The Aberdeen-based company started to move away from being wholly focused on the oil and gas market during 2020.

It welcomed its first grain and coal cargo vessels to its Blue Toon facilities late last year.

The firm has continued to explore new market opportunities to make the most of a multi-million-pound investment in its Peterhead base.

Activity at the multi-purpose Merchant Quay facility has now seen more than 30 coal and grain vessels visiting.

This is in addition to an ongoing and steady flow of oil and gas project vessels operating in the North Sea.

A further broadening of the maritime business mix is anticipated, including through its partnership with new Aberdeen company Phoenix Decom.

NorSea UK and Phoenix are working together on a project to deliver Scotland’s first dedicated subsea decommissioning “hub”.

Launched earlier this year, joint venture NorSea Decom is solely concerned with the safe and compliant management of decommissioned subsea infrastructure and waste logistics.

The move is expected to deliver more business for NorSea UK’s large Peterhead base, which has benefited from recent investment worth more than £2 million.

Celebrating the 30-vessel diversification milestone in the Buchan town, Karen Russell, UK country manager for NorSea UK’s Norwegian parent, said: “It is important to our sustainability that we continue to tap into new markets.

“A key part of this is to maximise the potential of the firm’s Peterhead facilities, while using a local supply chain to fulfil our long-term commitment to the town,” she added.

NorSea UK provides supply bases and integrated logistics solutions to the energy and other industries.

It operates from its headquarters in Altens Industrial Estate, Aberdeen, and the Merchants and Smith quays in Peterhead, where it has had a presence since 2014 and now boasts laydown and processing areas totalling about 350,000sq ft.

Facilities on Smith Quay include a weather-protected deepwater berth and quayside laydown and marshalling areas totalling around 177,600sq ft.

On Merchants Quay, NorSea has nearly 150 yards of berthing and more than 172,000sq ft of external storage and quayside laydown capability.

Last year, NorSea UK said it had enjoyed steady growth since its creation in 2014. A regionalisation strategy partnering the subsidiary with NorSea Denmark is expected to lead to more opportunities.

The wider NorSea group – based in Tananger, near Stavanger – has supply bases in Norway, Denmark, Canada and Australia, as well as the UK.

The 56-year-old group employs nearly 800 people globally.

The majority shareholder, with 74%, is global maritime industry group Wilhelmsen, with Eidesvik Eiendomsinvest, Simon Mokster Eiendom and management owning the rest.

Headcount varies in the UK, depending on projects being worked on at any given time.

Recommended for you

More from Energy Voice

Latest Posts