Eidesvik Offshore ASA

We have wrapped up our second company conference of the year! 🚢✨ Eidesvik employees gathered in Bergen for two days of professional development, knowledge sharing, and social connection. These conferences are a key part of how we stay updated, strengthen collaboration, and build relationships across the company.   A special highlight was celebrating employees who have dedicated an incredible 2️⃣5️⃣ years to Eidesvik. Your hard work and commitment are truly appreciated!

The Apollo project is moving fast forward 🌊!   In 2026 we will convert our supply vessel Viking Energy to operate with an #ammonia combustion engine. This week we visited the crew onboard to give an update on the project and the scope of the conversion. Safety remains our highest priority, and much time was spent on the comprehensive safety measures that will be implemented. We also got valuable questions and input that will assist us in our further work.   After the conversion the vessel will operate for Equinor in the North Sea, as the first vessel of its kind in commercial operation in the world.  Apollo Ammonia Project CINEA - European Climate, Infrastructure and Environment Executive Agency

🚢 𝗖𝘂𝘁𝘁𝗶𝗻𝗴 𝗙𝘂𝗲𝗹 𝗖𝗼𝗻𝘀𝘂𝗺𝗽𝘁𝗶𝗼𝗻 𝗼𝗻 𝗩𝗶𝗸𝗶𝗻𝗴 𝗟𝗮𝗱𝘆 𝗯𝘆 𝟮𝟬𝟬 𝗧𝗼𝗻𝘀 The shipping industry’s emission targets are ambitious—and achieving them requires more than just newbuilds. That’s why Eidesvik and Aker BP ASA launched Project Retrofit, a collaboration dedicated to reducing emissions from existing supply vessels. In 2024, our energy efficiency upgrades on Viking Lady delivered real results: Performance measurements taken before and after the upgrades demonstrated an annual reduction in fuel consumption by nearly 200 tons of LNG. How? ✅ Advanced control and regulation solutions for vessel heating and cooling systems.  ✅ A new control solution to assist crews in stabilizing sailing speed and power consumption.  ✅ Optimization of the oil filtration system, significantly reducing power requirements. The upgrades involve minimal retrofitting and offer short payback periods - proving that small changes can drive big fuel savings and emissions cuts. - Aker BP is committed to decarbonizing our business. Collaboration with strategic partners is essential in this effort. The measures implemented on Viking Lady, developed in collaboration with Eidesvik, demonstrate that this upgrade, together with several other initiatives, adds up to significant emission reductions on existing fleets, says Marie Lindmark Sandøy, Decarbonisation Lead in Logistics. -At Eidesvik, innovation is in our DNA. What we have achieved on Viking Lady is yet another example of how our continuous focus on technology development drives smarter, greener, and more efficient solutions for the maritime industry. By developing new solutions, we stay ahead of the curve and deliver real value to our partners and the environment, says Helga Cotgrove, CEO of Eidesvik Offshore.

🚢 Exciting News! 🌊 We’re thrilled to announce the order of a cutting-edge Construction Support Vessel (CSV) designed for subsea and offshore renewables operations. This state-of-the-art vessel is being developed through a strategic partnership between Eidesvik, Agalas and Reach Subsea, leveraging their combined expertise to enhance operational efficiency. This newbuild will be among the most environmentally friendly vessels in its class, featuring a #battery hybrid system and dual-fuel gensets that run on #methanol or marine gas oil (MGO). “Adding another newbuild is providing fleet renewal and adding scale with a low emission, versatile vessel. We are pleased to further continue our strong collaboration with existing partners. This is in line with our strategy, and builds shareholder value”, says Helga Cotgrove, CEO of Eidesvik Offshore. Sefine Shipyard - Turkiye NSK Ship Design Read more here: https://shorturl.at/cRWMG

⭐️Spennende stilling ledig hos oss: Eidesvik søker etter en CCO som ønsker å bidra i den videre utviklingen av selskapet. Som CCO i Eidesvik blir du en del av ledergruppen og får ansvar for selskapets kommersielle aktiviteter, med særlig fokus på vekst og utvikling av modeller for samarbeid både nasjonalt og internasjonalt. Les mer om stillingen her 👉 https://lnkd.in/ddust6E7

🌊 Bringing Land and Sea Together 🚢 This week, we hosted the Eidesvik conference, an event that brings together colleagues from land and sea to reflect on our performance and the course forward. With our fleet growing and exciting technology projects underway, the conference provided the perfect platform to discuss the opportunities and challenges that lie ahead. These events also work as a valuable space for us to connect and strengthen relationships across the company. It was fantastic to see such strong attendance—thank you to everyone who attended and contributed to the success of the event! A special thanks to our colleagues who are celebrating an extraordinary milestone this year: 25 years of dedication to the company. Your contributions are deeply appreciated, and we were honored to celebrate this achievement with you!

🎄 As we approach the end of 2024, we take a moment to look back on what has been a busy and eventful year for Eidesvik. A big thank you to our employees, clients, and partners for your invaluable contributions to our achievements this year.   We’re excited for what 2025 has in store and look forward to continuing our journey together. Wishing you all a joyful holiday season and a prosperous New Year ✨!

We are pleased to announce that Eidesvik Offshore has appointed Lars Tufteland Engelsen as Chief Financial Officer (CFO) effective from today. Engelsen joined Eidesvik in 2018 and has held the position as VP Finance since 2022, with two periods as the Company’s Interim CFO. He holds a master’s degree from the Norwegian School of Economics and is a Certified European Financial Analyst (CEFA). “I am very happy that Lars has accepted the role as CFO. Having worked with him since I started in Eidesvik I know he has the right qualities and competence for the job”, says Helga Cotgrove, CEO of Eidesvik.

🌟 Milestone for Eidesvik: Keel Laying of Our New Construction Support Vessel! 🌟   This week, we proudly celebrated the keel laying of our new Construction Support Vessel at Sefine Shipyard - Turkiye. The keel laying marks the official "birth" of the vessel, as it symbolizes the beginning of assembling its main structural components. It's a cornerstone moment in shipbuilding, setting the foundation upon which the rest of this advanced vessel will take shape.   We are thrilled to see the design, engineering, and steel-cutting evolve as the vessel begins to take shape! 🚢 Agalas NSK Ship Design

The Board of Eidesvik Offshore ASA is pleased to announce that current interim CEO Helga Cotgrove today will take the role as CEO of the company. “The Board is very pleased that Helga Cotgrove has accepted the position. She has extensive experience within the industry and has been the CFO of the company for two years. We have conducted a thorough search process and it is clear to us that Cotgrove is the best suited to lead the company going forward” says Arne Austreid, Chairman of the Board. “I am looking forward to continuing the journey with Eidesvik and its talented team. We have made substantial progress the last two years growing the business and improving margins, investing in additional tonnage, and refinancing the company creating a very strong balance sheet. I am exited to take part in building and growing the company further” says Helga Cotgrove.