Leading logistics firm NorSea Group is to take over the running of Peterhead’s Smith Embankment for a ten-year agreement, following a deal with the town’s port authority.
The firm says it is making a major, long-term commitment to the UK with the announcement, which came into place on Monday (September 1). NorSea Group also has a 15-year lease at South Quay in Montrose and a long term agreement with Scrabster Harbour Trust.
Port authority chief executive, John Wallace, said he was delighted with the deal, given NorSea Group’s profile within the industry, personnel and resources.
“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 Group is synonymous with safety and service, I warmly welcome them and look forward to this partnership blossoming”.
The announcement of the new agreement with Peterhead Port Authority represents the next phase of NorSea Group’s plans for ongoing increased activity on the UKCS, and follow NorSea Group’s acquisition of the Danish base and logistics company, Danbor, earlier this year.
Danbor was also established in UK at the time of the purchase, but the UK company has now been merged with NorSea Group (UK) Ltd. Merger of the two companies was completed this month and they will now trade as NorSea Group (UK) Limited. The merger secures NorSea Group’s long term plans to service oil and gas operators, service companies and drilling contractors through its offices and warehouses in both Aberdeen and Montrose.
“When we signed an agreement with Scrabster Harbour Board and opened our office in Aberdeen last year, we did so with the intention of building a significant presence in the UK,” said UK MD, Kim Christensen. The past 12 months have 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.”
Together with their other bases; nine in Norway, one in Denmark and one in Holland, NorSea Group can now offer a unique coverage of the North Sea Basin.
The firm’s director of international and project operations, Knut Magne Johannessen added: “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.”