ACE Winches Opens Norway Base
ACE Winches has formally created a new company in Norway.
ACE Winches Norge AS is focused upon maintaining and enhancing ACE's Scandinavian business activities. The new office provides a stronger presence in a key market and will provide the best possible support for existing and new customers.
Operating from a base at Dusavik, Stavanger, the division offers spooling and hire fleet services and will also be providing vessel bollard pull testing. It will also act as a local showcase for ACE's manufactured product range. The base comprises a 500 square meter workshop and 1,000sqm yard facility.
Norwegian Base Manager, Finn B Wold, believes the firm is well placed to take advantage of improving economic conditions. He added: "ACE Winches was already well established in the local market where it enjoyed a reputation for delivery of quality products and services and this new facility is a natural extension of its presence in Norway."
Finn, who comes from Stavanger, believes an extra 10 jobs will be created in the coming year, "There are positive signs the market is picking up and we are in a great position to make the most of that."
Derek Penny, ACE Head of Group Sales and Business Development, said, "This new company has been set up to be the catalyst to take our Norwegian activity to a new level. The opportunities to grow our business are significant and it is great to have someone of the caliber of Finn heading up this exciting new phase of growth. This is a significant step forward in terms of our stated declaration to expand internationally and enhance our profile in the global market place."
Mr. Penny said the company's focus is not just upon developing the Norwegian operations. ACE's growth strategy also encompasses the Middle East and the Australian and Far Eastern markets.
- Blockchain Demands Attention in Oil and Gas
- Macquarie Sees USA Oil Production Exiting 2024 at 14MM Barrels Per Day
- CNPC Opens Sea-Land Oil Storage and Transport Facility in Bangladesh
- Oman Sees Increasing Ship-to-Ship Transfers of Russian Oil Bound for India
- US Govt Makes Record Investment of $6B for Industrial Decarbonization
- Perenco Still Searching for Missing Person After Platform Incident
- Eni, Fincantieri, RINA Ink Deal on Maritime Decarbonization
- Oil Falls as US Inventories Increase
- Czech Utility CEZ Bucks Weaker Prices, Demand to Log Record Annual Profit
- Ithaca Energy Studies Deal for Eni's UK Upstream Assets
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call
- India Halts Russia Oil Supplies From Sanctioned Tanker Giant
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- Centcom, Dryad Outline Recent Moves Around Red Sea Region
- PetroChina Set to Receive Venezuelan Oil
- Czech Conglomerate to Buy Major Stake in Gasnet for $917MM
- US DOE Offers $44MM in Funding to Boost Clean Power Distribution
- Oil Settles Lower as Stronger Dollar Offsets Tighter Market
- UK Grid Operator Receives Aid to Advance Rural Decarbonization
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call