About Norshore

Norshore is a drilling contractor headquartered in Bergen, Norway.

We support global oil and gas production by providing innovative and cost efficient services from environmental friendly multi purpose drilling vessels to oil companies around the world.

Our business philosophy is to focus on clients needs, innovative solutions and the expertise of our employees.

Operational safety, environmental preservation, quality and efficiency are the basis in all our activities.

Norshore is a fully integrated drilling and subsea company with highly qualified personnel for all stages of operation.

This includes the following key areas:

  • Drilling operations
  • Intervention operations 
  • Subsea operations
  • Ship management

 

History

Norshore was established in 2007 and is an independent Norwegian Offshore Company based in Bergen, Norway. Norshore has developed a drilling concept using field proven drilling technology from an specially designed drilling vessels.

 

Vision and Values

VISION
Norshore's main vision is to be a leading, international supplier of top hole drilling and riserless services in the offshore marked, through specializing in owning and operating specially designed multipurpose vessels.


VALUES
Norshore has defined three main values that are important for the way we work and do our business.

  • Cooperation
  • Motivation
  • Honesty

 

Strategy

We shall target and further expand our business by engaging the creative talents of our employees in applying leading, cost effective technology and intellectual creativity to enhance innovation in an ever competitive market. Our target is to have 5 drilling units in operation.

We shall exceed our customer's expectations and ensure the quality needed to build a powerful entrepreneur company.

We shall pursue a zero tolerance level to accidents and pollution, and be recognized as a fair employer without prejudice. 

In the process of achieving the objectives, we shall conduct all our activities in accordance with the latest HSE regulations and requirements. 

Critical success factors will be:

  • Use of proven technology 
  • Early involvement and use of best in class engineering and construction contractors 
  • Reduction of interfaces between contractors 
  • Implementation of user friendly quality systems 
  • Recruit qualified key personnel and secure stable manning at all levels 
  • Select well qualified partners to ensure competitive edge 
  • Secure financing at competitive terms 
  • Bring key personnel from the construction phase into operations 
  • Implementation of high quality operational- and maintenance systems 
  • Systematic training of personnel 
  • Develop confidence in the market place and secure contracts for all the vessels
  • Continuously improve results by using Key Performance Indicators, (KPIs)

 

 

Organisation

Norshore has an organisation that is capable of providing drilling and operational excellence on a world wide basis.

This includes full management of the vessels; drilling and well operations, technical management, New build supervision, crewing and logistics. 

 

                              

Petter H. Tomren

President & CEO

Mr. Tomren holds a MSc in Petroleum engineering from the university of Stavanger /University of Tulsa. He has more than 35 years experience from the oil industry, mostly in managerial positions, onshore and offshore. Mr Tomren has worked for DNO, ExxonMobile, Statoil, Odfjell and Prosafe. His last position was President & CEO with COSL Drilling Europe (Former Awilco Offshore ASA). Mr. Tomren has been President & CEO for Norshore since 2009.

 

Arnstein Hernes

CFO

Mr. Hernes holds a MBA from IESE Business School, Barcelona. He has more than 25 years experience from the oil industry within finance and administration. Mr. Hernes has worked for Elf, Norsk Hydro, ENI and Kverneland ASA. His last position was CFO with COSL Drilling Europe (former Awilco Offshore ASA). Mr. Hernes has been CFO for Norshore since 2010. 

 

Trond Haugland

VP Operations/Market

Mr. Haugland holds a BSc in Petroleum Engineering from the university of Stavanger. He has more than 25 years experience form the offshore industry, both offshore and onshore as Drilling Engineer and Drilling Manager. He has worked for Norsk Hydro, Statoil, BJ Services and Sonangol. Mr. Haugland was one of the founders of Norshore in 2007. 

 

Olav Lie

VP Projects

Mr. Lie is educated at Naval Academy / Bergen Maritime College and has more than 30 years of experience from the shipping and offshore industry. He has worked as Executive Manager for Geoshipping AS, Operation/ Port Captain for Nomadic ASA and as Commanding Officer in the Norwegian Navy. Mr. Lie was one of the founders of Norshore in 2007. 

 

 

 

Board of Directors

Derek Lenartowicz, Poland (Chairman)

Mr. Lonartowicz is presently Executive Chairman of Balamara Resources Limited. He has extensive project development and mining experience and has held several senior positions in several natural resource companies.  

 

Wang Wee Yong, Singapore (Board Memeber)

19 years  in the Marine and Oil and gas industry with Senior Management experience.

 

Mui Rap Wai Lawrence (Board Member)
Mr. Mui holds a specialist diploma in Business Administration and Shipping Operations and Management from Singapore Polytechnic and a Bachelor of Commerce from the University of New South Wales. Has experience as Project Manager, Fleet Manager, Marketing Manager and Sales Manager in the Marine and Offshore industry.

 

 

 

Largest Shareholders

Updated August 2016.

NAME   %
Ocean Champion Holdings Ltd   66,2
Authentic Champion Ltd   13,8
SJA Invest AS   5,3
AID Invest AS   5,1
Ability Holding AS   3,4
Others   6,2
Total   100%

 

For further information, please contact CFO Arnstein Hernes, +47 974 06 241 or ah@norshore.no

 

 

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