Aibel AS - Company Profile
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Aibel AS (Aibel), formerly Vetco Aibel AS, is a provider of construction, engineering, upgrading and maintenance solutions for oil, gas, and renewable energy industries. Its major services include front-end engineering design (FEEDs), fabrication, installation, engineering, procurement, system completion, operational support and decommissioning and others. The company also offers concept studies and solutions for FPSO vessels; and develops high-pressure, high-temperature condensate and gas fields. It offers modification and maintenance of drilling equipment under its modification activities. The company has construction yards in Haugesund, Norway and Laem Chabang, Thailand. It operates in Singapore, Norway and Thailand. Aibel is headquartered in Stavanger, Norway.
Headquarters
Norway
Address
Vestre Svanholmen 14, Sandnes, 4313
Website
www.aibel.com
Telephone
47 85 270000
No of Employees
4,950
Industry
Energy and Utilities
Aibel AS premium industry data and analytics
Products and Services
| Services |
|---|
| Pre-Engineering |
| Detail Engineering |
| Platforms and Floating Production Installations |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Incorporation/Establishment | In March, the company entered into a cooperation agreement with Utror for the development and realization of offshore aquaculture. |
| 2023 | Contracts/Agreements | In May, the company entered into an agreement with Equinor for maintenance and modifications. |
| 2023 | Contracts/Agreements | In March, the company received a modification contract from Aker BP for NOK700 million |
Competitor Comparison
| Key Parameters | Aibel AS | Bilfinger SE | Aker Solutions ASA | Agility Subsea Fabrication AS | Amerapex Corp |
|---|---|---|---|---|---|
| Headquarters | Norway | Germany | Norway | Norway | United States of America |
| City | Sandnes | Mannheim | Lysaker | Tonsberg | Houston |
| State/Province | - | Baden-Wurttemberg | - | Oslo | Texas |
| No. of Employees | 4,950 | 28,650 | 16,026 | 200 | - |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Helge Midttun | Chairman | Executive Board | 2015 | - |
| Mads Andersen | Chief Executive Officer; President | Senior Management | 2017 | - |
| Kaare Espolin Fladmark | Chief Financial Officer | Senior Management | 2014 | - |
| Ann Saeland | Chief Human Resources Officer | Senior Management | 2018 | - |
| Borghild Lunde | Executive Vice President - Field Development | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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