Cooperation Agreement with Langset

Friday 2 September 2016

Semco Maritime AS signs cooperation agreement with Langset AS

The two Norwegian companies enter into the agreement to cover development of the Hanøytangen yard as well as pursuing business opportunities in the Oil & Gas/Maritime industry, primarily targeted at the North Sea and international markets. Langset AS will establish a mechanical workshop and they will move their Engineering office and their Rope Access headquarter to Hanøytangen.

Langset is a high quality provider of services to the maritime and energy sector and Semco Maritime is a specialist in large-scale maintenance and refurbishment of offshore installations. Together they will develop the Hanøytangen yard. The agreement is founded on the fact that both parties have common interests and goals in developing the energy sector. Semco Maritime acquired the Hanøytangen yard mid-2015. The yard facilities holds the largest dry-dock in North Europe. Langset possesses substantial engineering competences and capacity that fits with Semco Maritime’s business model. Both parties expect the agreement to strengthen and improve offerings to customers and that the cooperation will increase the ambition to win future contracts for maintaining both offshore platforms and other maritime/marine projects.

“With this partnership Langset AS will have its own workshop strategically located in Western Norway. We expect the partnership with Semco Maritime to provide us with new knowledge, technology and access to new business areas. Together Semco Maritime and Langset will strengthen the Hanøytangen yard’s position as a complete supplier of offshore and marine services”, says CEO Jan Tore, Langset AS.

“The cooperation between Langset and Semco Maritime is beyond the usual and key competences, experience and strategy go hand in hand. It will strengthen both Hanøytangen Yard and Semco Maritime in general. This will give both parties a stronger market position which we expect our customers will find attractive”, says Managing Director Lars Skov, Semco Maritime AS.