The Norwegian Energy Company, which will be renamed BlueNord, has entered into a strategic partnership with Semco Maritime to jointly identify, explore and research opportunities in the oil and gas market.
BlueNord is Denmark’s second-largest producer, according to its website, which notes that the company operates in the Danish North Sea with a 36.8 percent non-operating interest in the Danish Underground Consortium. Semco Maritime describes itself as an engineering and contracting company with deep specialist skills and over 40 years of experience in the offshore industry.
According to a statement from Semco Maritime about the partnership, it is an important initial step to potentially pursue opportunities at various stages of maturity, from exploration work to research efforts to preparation and actual execution and operation.
“We are very proud to enter into this strategic partnership with a highly recognized energy company like BlueNord and see a wealth of opportunities in the oil and gas space in the coming years. We will bring our experience and expertise to this partnership and we look forward to enjoying close collaboration with our qualified partners at BlueNord as we make a joint effort to ensure safe operation and stable energy supply,” says Semco Maritime Senior Vice President Oil & Gas Anders Benfeldt.
The agreement allows BlueNord and Semco Maritime to jointly pursue specific opportunities, such as taking over the operation of existing assets or developing and operating new fields, as well as making other relevant investments or undertaking other related activities for mutual benefit of the partners, Semco. noted in his statement.
Semco Maritime said it will be responsible for the day-to-day operation of the upstream facilities, as well as tasks related to production optimization, maintenance and integrity planning, modifications, procurement, logistics and storage and emergency response.
“The agreement constitutes a solid basis for the further development of collaboration and the operational and innovation capabilities of the parties. For BlueNord, this is a tangible and important step in our ongoing development towards maximizing the long-term value of our existing assets and opportunities. Since 2019, Denmark has been central to us and is where we focus our long-term ambitions. With this agreement we continue to build our capabilities that allow us to provide Europe with the energy it needs both now and in the future,” said Marianne Eide, Chief Operating Officer of BlueNord.
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