Samiksha Jaiswal (Editor)

Fred. Olsen Production

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Type
  
Private

Website
  
www.fpso.no

Founded
  
1994

Industry
  
Petroleum

Headquarters
  
Oslo, Norway

Parent organization
  
Yinson Holdings Bhd

Key people
  
Morten Lunde (CEO) Per-Oscar Lund

Products
  
Floating Production Storage and Offloading

Subsidiaries
  
Knock Borgen Pte. Ltd, FOP Pte. Ltd., Allan AS

Fred. Olsen Production is a Norwegian offshore floating production petroleum company. Founded in 2004, the company has its headquarters in Oslo, Norway and was listed on the Oslo Stock Exchange from May 11, 2007 until January 20, 2014. The company's largest owners are Bonheur and Ganger Rolf through First Olsen, owning 61.5% of the company. The companies are controlled by the Olsen family. The firm has offices in Oslo; Houston, United States; Singapore; and Port Harcourt, Nigeria.

The company owns and operates three Floating Production Storage and Offloading vessels (FPSOs), two Floating Storage and Offloading vessels (FSOs) and one production jack-up (MOPU). The company is also converting one suezmax tanker to FPSO and an addition tanker available for conversion. Operations are located in Western Africa and the Red Sea. Among the vessels was Knock Nevis, the world's largest ship, which was created from the tanker previously known as Seawise Giant.

References

Fred. Olsen Production Wikipedia