Imenco

TODAY SMART NEWS - MARCH 2009

Aviation Fuelling Systems to China and Korea they need aviation fuelling systems. A number of contracts have been concluded with customers in China and Korea, which confirms that Asia is the market where we have enjoyed the most success , Endresen says.

BP´s FPSO Skarv & Idun, which is under construction at SAMSUNG Heavy Industries i Korea, will be equipped with an aviation fueling system supplied by Imenco.

There is a rising demand for Imenco’s Aviation Fuelling Systems. Project Manager Jan Endresen tells Imenco Today that 18 contracts have already been submittedfor delivery to Korea in 2009.

- We expect to deliver between 25 and 30 systems next year, which is around a quarter of the world production of this type of system. We note with pleasure that customers who have bought our technology come back the next time

- In China we have landed our 6th contract for an aviation fuelling system to the jack up rigs being built by Dalian Shipbuilding Industries Company (DSIC). We are also pleased by the fact that China National Offshore Oil Corporation (CNOOC) has chosen us as a supplier to ”Hai Yang Shi You 201”, the first pipe laying vessel developed by CNOOC for laying pipelines in deep water in the Chinese offshore sector. We have previously delivered a number of systems to CNOOC. The pipe laying vessel is being built in Nantung in the Jiangsu Province of China, Endresen reports.

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Norwegian Universal Technology AS signed new major contract for 2010 Norwegian Universal Technology (N.U.T.) became a part of Imenco August 2008. NUT is one of the world›s leading suppliers of pressure equipment for civilian and military use as well as for medical and scientific research work.

NUT has signed a major contract with Dräger Safety in Germany for delivery of diving system to DSV Acergy Havila.

The contract has a value of MNok . 90-100 and delivery is planned For 2010. NUT will deliver and install a complete diving control centre, Hyperbaric lifeboat, Handling System for the diving bell , recycling unit for gas, hot water system for the divers and Main Umbilicals Imenco’s expansion strategy includes fortifying our advancements in Diving, Aviation and Camera System technology.

Part of our program is to open an Imenco office in Houston in 2009.

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NUT-Diving Control Centre gives personnel on the surface full control of what goes on down under the diving support vessel.

Editorial

Nominatetions in line

Imenco AS was nominated for entrepreneur of the year 2008 by Innovation Norge and Ernst & Young. The local board for South West Norway invited us to the big national final in Oslo where Imenco took home a highly prestigious second prize. This year another nomination for the equally prestigious title of “Company of the Year” has emerged, which will take place in March of 2009.

These nominations did not just come out of the blue. Strategic positioning within several important fields of business has contributed positively. In August 2008, Imenco acquired 100 % of the shares of Norwegian Universal Technology AS (NUT), and by doing so we expanded our business domain even further. NUT is one of the world’s leading suppliers of pressure equipment for civil and military use and medical and scientific research work. We have a unique in-house capability for designing and manufacturing a range of products such as Hyperbaric Chamber and altitude training systems. A major part of our production are custom built products. Annual turnover is around 200 million NOK. NUT now being part of the group also represents a major step towards our strategic goal of becoming a leading

supplier of ”Subsea Systems” worldwide. This will have a positive influence on our objective of achieving a 500 million NOK group turnover by 2012.

In cooperation with the Dräger group in Germany, NUT delivers complete diving systems to a long list of diving support vessels. Two integrated saturation diving systems will be delivered to GDV in 2009, and another one to Acergy in 2010. NUT has an order reserve of about 250 million NOK, and new orders will arrive in the near future. The delivery from NUT includes a complete diving station control room, Hyperbaric Lifeboat for the divers, diving bell handling system, recovery system and hot water system for divers, as well as umbilical lifelines which attach the diving bell to the diving support vessel, among other things.

With a strong commercial commitment within Diving Systems, Aviation Fuelling Systems and Surveillance Systems, we are about to position ourselves in a large international market. It doesn’t hurt having 30 years of experience in rough North Sea conditions when you’re embarking on the international market. It is often hugely important to have a local presence in the relevant markets. Therefore, we intend to establish offices in Stavanger, Aberdeen (UK)

and Houston (USA) within the year, e and in the not too distant future, an office in Brazil. We’re also strengthening our presence in other markets through our agents in China and Korea. This year, we’re participating in several international exhibitions, more so than ever before. These include CIPPE in Beijing in March, the OTC in Houston in May and Nor-Shipping in Oslo in June. In the autumn, we shall take part in Offshore Europe in Aberdeen in September and Kormarine in Korea in significant October.

With orders such as Diving systems and Aviation Fuelling systems in the portfolio, we have recognised the need for state of the art production facilities. The company has therefore invested heavily in new production facilities at Grinde, an industrial suburb of Haugesund.

Here we have 3000 m2 (32 292 square feet) of production hall, tailor made to suit our future needs, together with office facilities of 500 m2 (5 382 square feet) and an outdoor area measuring 2, 22 acres. The new production Plant gives us the capability of meeting clients’ expectations of our products on the international market.

Geir Egil Østebøvik C E O I menco A S

Imenco nominated Imenco AS was nominated entrepreneur of the year 2008 by Innovation Norge and Ernst & Young. The local board for South West Norway invited us to the big final in Oslo on December 3rd together with Knutsen OAS and West Control.

For Imenco it was a great honour and experience to be presented to a audience of 1.400 people, although not winning the first prize (this time) and competing for the world title in Monaco.

Photo showing Managing Director of Imenco AS, Geir Egil Østebøvik together with managing directors from Knutsen OAS and West Control.

TODAY 2

Editor: Bjørn Å. Brunborg | bjorn.brunborg@imenco.no | Publishing house: DHR Reklamebyrå as | Journalist: Odd-Atle Urvik

NUT signed new major contract for 2010 (continued from page 1)

NUT will deliver and install a complete diving control centre onboard a new diving support vessel for Acergy.

Severin Sivertsen of NUT says that the contract supplements two two other main contracts for delivery in 2009. We will increase the staff in the mechanical and electronics departments. This combined with the new production facilies at Grinde will provide the capacity needed to fulfil these contracts. With these contracts we will have work through to 2010 - both for NUT and Imenco employees. Mr. Geir Egil Østebøvik, CEO at Imenco, points out that several new contracts could come to fruition within the next month, which will increase our demand for technical staff. We have exciting and challenging work for a long time ahead says Mr. Østebøvik.

Beijing and Houston Diving systems will be well presented during CIPPE 2009 in Beijing and at OTC in Houston.

Complete system is assemblied at the NUTworkshop before it’s taken appart for installation onboard.

Hyperbaric lifeboat is a part of the contract with Dräger.

Aviation Fuelling Systems to China and Korea (continued from page 1)

Imenco is happy to note that customers who have chosen the company’s aviation fuelling appear to be coming back the second time they are in need of such systems.

- This is the case for BP and Total amongst others. We received a very good response from BP after they modernized the Valhall platform a couple of years ago. For the new Valhall platform under construction they have chosen our system for treatment of helicopter fuel. We are also contracted to supply the system for FPSO Skarv & Idun - being built at the Samsung yard

in Korea. Parts of this order, awarded

by Aker Solutions, have already been delivered. We believe that it is our long term expertise with these systems that makes us a preferred supplier in Korea.

Thanks to our competence within Norwegian HSE and QA standards, the yards see the advantages of our ability to supply complete documentation in compliance with project requirements . This service is a major advantage to clients, negating the need to prepare this documentation themselves, Endresen says. Total also counts among the oil majors that are coming back with new orders for Fuelling systems from Imenco.

- We have delivered our system for new buildings at Huyndai, SAMSUNG and Daewoo (DSME). Pazflor FPSO is being built at DSME, and will be operating for Total off the coast of Angola. Total’s USAN FPSO being built at Hyundai, is heading for Nigeria. Samsung Heavy Industries also commissioned us to build an Aviation Fuelling System for a plant onboard two semi-submersibles that the Korean yard is building for Russian company Gazflot LLC. We are also to delivering a system for the Bonkot platform in Thailand, which Total is having built at Hyundai, Endresen concludes.

For futher information, contact Jan Endresen at jan.endresen@imenco.no

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Imenco exhibit in Europe, Asia and America in 2009 Imenco will participate in five major international exhibitions in 2009, profiling the company in Asia, the United States and Europe.

- We’re starting at the China Petroleum & Petrochemical Technology and Equipment Exhibition (CIPPE) in Beijing March 19 to March 21, where, together with other Norwegian companies we shall participate in the Norwegian Commercial Pavilion. May 4 to May 7 there’s the Offshore Technology Conference (OTC) in Houston, Texas, followed by the Nor-Shipping in Oslo, June 9 to June 12. In the autumn we shall participate atthe Offshore Europe in Aberdeen and Kormarine in Korea. In Beijing and Houston we will concentrate on our “systems”. This applies to the Aviation Fuelling system, the Diving systems and the Camera/surveillance systems, says Director, Market & Sales Bjørn Brunborg to Imenco Today. Imenco was also present at CIPPE in Beijing in 2008, and Brunborg says that the positive response they received made it a natural for them to return this year also.

- Visibility is crucial, and both Asia and the United States are markets of major importance to us. Even though the products that we promote are the same at both exhibitions, our starting points are different in Beijing and Houston.

In Asia, we’re represented through agents, while in Houston, the American oil capital, we aim at opening our own office during 2009. Local presence is a pre-requisite of success to promote influence in this region. In addition, through a Houston office we can cover business in Mexico and even Brazil, until we expand further.

CIPPE The China Petroleum & Petrochemical Technology and Equipment Exhibition CIPPE is the biggest oil exhibition in Asia, incidentally being one of the four largest in the world. Both last year and

From Imenco’s stand at CIPPE in Beijing 2008. Marketing Director Bjørn Brunborg in conversation with two visitors.

this year, Imenco is represented in the Norwegian commercial pavilion in Beijing. In 2008, there were 12 such national pavilions, and over 800 companies participated. Imenco has for many years had several contracts in connection with ship and rig building in Asia, especially Korea. The order volume is stable, and we have a backlog of orders almost throughout 2010. This applies to Aviation products and especially Helicopter Refuelling systems.

OTC Offshore Technology Conference (OFC) in Houston, Texas is the world’s largest oil exhibition. The organizers expect more than 1200 exhibitors, and all the major actors in the industry are present.

- That’s why we leave for Houston with great expectations. As we are about to open an office this year, we are optimistic in establishing a lot of new contacts during the OTC, Brunborg says.

Nor-Shipping The third exhibition Imenco will attend during the first six months is Nor-Ship-

ping at Lillestrøm, outside Oslo.

- Here we will particularly concentrate on products aimed at shipping clients, typically articles like blocks, sheaves and other supplies which constitute a part of our product range within Lifting and Handling, Brunborg says.

The organizers of Nor-Shipping estimate that this year’s exhibition will become the largest in its 40-year-old history. The last time it was held, in 2007, it attracted more than 800 exhibitors from 42 countries, and more than 25 000 shipping people visited the exhibition.

Aberdeen and Korea This autumn , we will first of all participate in “Offshore Europe” in Aberdeen in Scotland September 8 to 11, and then finish off at Kormarine in Busan, Korea, October 21 to 24. These exhibitions will be described in more detail in next edition of Imenco Today.

For further information, please contact Bjorn Brunborg at bb@imenco.no

VISIT US AT:

BEIJIING 19 – 21. MARS

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OSLO HOUSTON 4 - 7. MAI

9 - 12. JUNI

ABERDEEN 8 - 11. SEPTEMBER

KOREA 21 – 24. OKTOBER

Imenco’s EXX d camera approved by DNV Imenco’s new EXD cameras have now been approved by Det Norske Veritas (DNV) and put into production. The camera series, named IMEX-100, features both analogue and digital versions.

This is the camera that the market has been waiting for. Engineering Manager, Electro, electronics and automation, Jan Wulfsberg, says they have received regular inquiries from customers in Europe as well as worldwide after the news about Imenco’s newly developed cameras had spread.

- Cameras for use in areas where explosive gas may occur (zone I and II) are traditionally disproportionately heavy and bulky. Our models are smaller and lighter, and more competitively priced.

We believe that the positive reception of our explosion- proof surveillance camera in the market indicates that we have created a product the market has long awaited. . We have also accomplished the development of our IMIP 680, a surveillance camera intended for use in particularly rough environments. The camera is first and foremost constructed to endure exposure to extreme weather conditions, but is not primarily intended for sub-sea / submarine use. However, tests carried out show that they can stand the pressure of a water depth of 400 metres, but are not formally approved for this says Wulfsberg. Even if this camera is basically not constructed for submarine use, several customer inquires have revealed a need for cameras to be used under the water as well as over.

Over and under the water - In areas onboard rigs where explosion- proof equipment is a requirement, camera sometimes need to be used on the barge as well as down in the splash zone. We have stated that these cameras can stand use as far down as 50 meters’ sea depth, despite the fact that they are not primarily intended for submarine use. This applies to the IEX-100 series as well as our IMIP 680 cameras, says Wulfsberg.

One camera intended for water depths down to 3000 metres is the Imenco

EXX d camera for hazardous areas uses the latest technology, with focus on size/weight at a very competitive price.

HD video camera, whose prototype is currently ready for testing on one of the ships of Deep Ocean.

- When the HD camera has been tested, and any improvements required as a result of the testing have been made, I assume it will be put into production.

New divers helmet camera Wulfsburg says that Imenco is also developing several other new products.

- We are introducing a ‘new arrival’ in the form of a miniature camera to be attached to the divers’ helmet, recording everything in the diver’s view. . Through a cable leading to the surface, diving supervisors will be able to duplicate the divers view on a screen in the control room.

We have also received demands for a separate recording and saving unit for the divers to carry with them underwater.

Its purpose is to record live pictures to be played above water. This equipment will be suitable when divers swim to the surface independently of cables and hoses. One of several possible areas of application for such a unit will be during inspection of fish farms, Jan Wulfsberg tells Imenco Today.

For futher information, please contact Jan Wulfsberg at jan.wulfsberg@imenco.

IP68 is a surveillance camera for use in rough environments.

Mini O Diving camera to be attached to the divers’ helmet

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Full circle for Kjartan Vartdal The wheel has come full circle for chartered engineer Kjartan Vartdal (60), who a short while ago took up the position as business developer of Imenco AS. More than 30 years ago, the then new graduate worked for Stolt Nielsen Seaway, which at the time amassed top international competence within the diving and subsea technologies at the Stoltenberg base in Haugesund.

-I’m still finding small traces of our operations from back then. Today Imenco is one of the companies that are carrying on the work from the pioneering days, Vartdal says to Imenco Today. After having worked many years for StatoilHydro, he boasts a versatile experience, and is looking forward to developing new fields of business for Imenco.

- The company is in the progress of internationalising its activities, and during the course of a few months we are opening a branch office in Aberdeen. The Scottish oil capital is a natural base for activities targeting the British sector of the North Sea. Later this year we will open an office in Houston. It’s important to be present in the US market in order to take part in what’s going on in the Gulf of Mexico and off the coast of South America.

But we’re not only expanding abroad.

In a short time we will also be opening a branch office in Stavanger, Vartdal says.

The wheel has come full circle for Kjartan Vartdal, who is back at Stoltenberg, Haugesund, where he was part of the strong subsea environment in the 70s. The 60-year old chartered engineer will now be developing new fields of business for Imenco.

Vartdal views a number or potential business domains where Imenco could go in.

- The engineering environment of Imenco has throughout the years built up a high level of expertise within a number of areas connected to subsea constructions. The development of renewable energy sources is a field that

may open for future business opportunities. Windmill parks at sea may also offer challenges in a number of fields where Imenco can contribute with its specialized knowledge, Kjartan Vartdal concludes. For futher information, please contact Kjartan Vartdal at kjartan.vartdal@imenco.

From Ula to Subsea with Imenco

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24-year old Anne Eline Bratland is a new acquaintance to Imenco’s subsea customers. The process technician came to Imenco from BP, where she had worked 5 years on the Ula field oil and gas rig.

cameras, she selling many Latches.

Latches ensure that ROVs may be deployed and taken in again safely, Anne Eline Bratland says, who also tells us that the latches come in four different sizes.

- That was a good and stimulating workplace, but the drawback was the long offshore periods. The onshore periods with four weeks off were nice, but I wanted a more normal family life where you can go home after each working day. That’s why the opportunity at Imenco suited me well, she says. Working with sales of subsea products, she has a wide network of customers.

In adition to the wide range of subsea

- Even the smallest one can lift 1.5 tons, while the largest ones are designed for lifting ROVs weighing more than 10 tons, she says. The units are used by Sub-Atlantic, Argus Remote Systems, Sutec Sea Owl, Sea Twin, Sperre Subfighter and Ocean Modules ROVs. For futher information, please contact Anne Eline Bratland at anne.eline.bratland@imenco.no

Anne Eline Bratland worked 5 years on the Ula field before she started at Imenco.

Civil and military demand for aviation fuelling systems

The delegation from Lockheed Martin visiting Imenco AS. From left Business Unit Manager Surveillance SSTV, Jan Wulfsberg of Imenco, Strike Weapons Program Manager Tom Remenick (LM), Manager, International Business Development, JSM Ken Quiggle (LM), Comanche SEIT Leader Bradley E. Thomson (LM), (Title: Fuel ) Eric Jarvis (LM) and Business Unit Manager Aviation Fuelling and Refuelling, Jan Endresen.

Imenco’s technology for helicopter fuelling offshore will be the company’s springboard toward markets within the civil and military sectors.

- The expertise we have acquired as suppliers of fuelling systems on offshore installations, provides an excellent basis for developing similar fuelling systems for other types of aircraft, says Imenco’s Project Manager for Aviation fuelling systems, Jan Endresen to Imenco Today.

- One of the most exciting fields in the military and civil markets is the increasing use of unmanned aircraft drones.

Until now the focus has largely been on drones for military purposes, but we count on an even larger market for unmanned aircraft for civil purposes.

Drones may be used for a large number of purposes. Surveillance of vast land or ocean areas is one example, search and rescue actions using heat-seeking cameras is another. Aviation refuelling is therefore a market with a huge potential, Endresen says.

Missile fuel Within the military sector Imenco is in the process of developing a missile fuelling system.

- Imenco has signed a contract with Kongsberg Defence and Aerospace (KDA) for the development of a fuelling system for its new Naval Strike Missile (NSM).

This is the largest single contract in

Imenco´s history, Endresen says.

- The synthetic fuel that will be used on the missiles is called JPD. It has very special properties, which makes it a very stable fuel, and it does not change even if stored in the missiles over long periods of time.

- The requirements for purity are extreme; missile fuel must not contain water, air or gases. It is also important that each missile is loaded with the exactly correct amount of fuel.

The system we’re developing is self- checking, and we run tests and analyses of the fuel every single day. Analysis reports are compiled automatically, and stored, so that one at all times can check the condition of the fuel.

The package consists of a transfer and filtration part, quality testing sensors, manipulator for the missile and an advanced computer system.

Innovasjon Norge has contributed NOK 2 million in support of the fuelling system development project. According to information posted on KDA’s homepage, their NSM is the only the fourthgeneration missile made until now. The Norwegian Navy has chosen to equip the new frigates and the new class of MTBs that the Royal Navy is in the process of acquiring - with NSM missiles from Kongsberg.

The 400 kg heavy missiles have a range of more than 150 km, and may be laun-

ched from vessels, trucks, armoured vehicles and aircraft.

In connection with Imenco’s co-operation with KDA, a delegation from the American corporation Lockheed Martin has been in Norway, visiting companies that may be potential partners.

- It’s our impression that they liked what they saw here. It’s not just our expertise on fuelling systems that may be of interest to Lockheed Martin. We believe that Imenco as a designer and manufacturer of camera solutions for extreme conditions may be an interesting supplier for an aircraft manufacturer, Endresen.

In November 2008 the Norwegian government decided it would choose American Lockheed Martin and its Joint Strike Fighter as Norway’s new fighter when today’s F16 fighters are being replaced. Norwegian authorities attached great importance to the aircraft manufacturer’s pledges that it would use Norwegian industry as subcontractors in the production of the new fighters.

The Navel Strike Missile (NSM) from Kongsberg Defence and Aerospace will use aviation fueling systems from Imenco.

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The gas pipeline through the Baltic Sea will secure enough natural gas to cover the need of 25 million households (Illustration: Nord Stream).

Exciting assignment for Imenco Imenco has been commissioned to modify a part of the equipment to be used by the PRS pool in connection with the laying of a gas pipeline through the Baltic Sea. The pipeline, called Nord Stream, will connect the gas fields in Siberia with Western Europe, thereby making transport of gas supplies to the EU through third countries superfluous.

The plan is to lay two parallel 48” pipes from Vyborg near St. Petersburg to Greifswald in Germany.

- Our task is to modify the equipment to be used in the tie-in operation, connecting the pipes on the seabed to the onshore gas pipeline. The assignment, which we are carrying out for StotoilHydro andTechnip, is to design and adapt the equipment enabling 48” pipes to be welded together, says Engineering Manager Arne Kinn to Imenco Today.

The Pipeline Repair Systems Pool (PORS0) disposes equipment that makes it possible to build, maintain and repair subsea pipelines. Members of the pool are various pipeline owners. It is StatoilHydro who has signed agreements with Technip on behalf of the pool.

- It’s a demanding and exciting project, but we are well underway in designing the concept itself. It will be ready this

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In this habitat, divers will be welding together gas pipes on the bottom of the Baltic Sea. Imenco is going to modify the equipment for the relevant pipe thickness.

autumn. After that the equipment will be manufactured in 2010, and tested in 2011-2012, Kinn says. The pipe ends will be cut and put together inside a separate habitat. Welders will be able to go in and out of the habitat by means of a diving bell, and work in a dry environment inside the habitat while welding the pipes together. In addition to designing the equipment to be used for the welding, equipment used for repairing potential damage on the pipeline will also be designed, Kinn tells us.

Nord Stream will be 1220 km long, and will consist of two pipes with a 48 inch diameter. The owners of Nord Stream

are planning completion of the first pipe in 2011, while the second one will be finished the year after. Overall, the pipelines have a capacity of transporting 55 billion standard cubic meters of gas annually, which is enough to supply 25 million households in the EU. Nord Stream will be a new channel for exporting Russian gas. Heads of EU member states in western Europe have made considerable efforts to realise the project. The pipelines will pass through Russian, Finnish, Swedish, Danish and German economic zones in the Baltic Sea.For further information, please contact Arne Kinn at arne.kinn@imenco.no

The Bergen team: From left: Martin Tveitnes, Knut Eknes, Svein Moldskred, Jean-Maurice Paput, Arnstein Arnesen and Stein Andre Wolden.

Imenco Bergen expand further Martin Tveitnes (30) has been appointed the new manager of Imenco’s department in Bergen. As an engineer with long subsea experience from Framo Engineering, he has his focus on expansion.

- It’s exciting to participate in building up a new department in Bergen. We are six employees, and we have been extremely busy since we started up

last year. We’ve had an abundance of commissions, firstly within the offshore, maritime and engineering sector. Even though the prospects of international finance are gloomy, there are no signs of an order drought in our market yet. On the contrary, we actually need to expand our staff in order to meet demands, Tveitnes says. He tells us that one of many thrilling inquiries is connected to offshore wind power.

- The reason why we get these kinds of requests is our 30 years of experience within subsea related engineering assignments. We will contribute to the development of ROV operated equipment for maintenance operations on offshore windmills, Tveitnes says.

For further information, please contact Martin Tveitnes at martin.tveitnes@imenco

The Imenco ROV operated shackle is now available developed in six different sizes The ROV shackle has been a success by proving safe and efficient subsea connection and release of the shackle to Lifting Eyes, MasterLinks or similar.

The shackle consists of three main parts: Main Body, Lock Pin Assy and ROV Grab ring. The main body is machined in one piece from high strength stainless steel. The Lock Pin Assy includes a spring loaded Shackle Pin protected inside a bolted housing, a Lock Plate and a spring loaded Pin Retainer. The Lock Plate has two positions, unlocked (U) and Locked (L) providing mechanical locking of the Shackle Pin. The new ROV -operated half automatic shackle is

produced in sizes 12T, 17T, 25T, 35T, 55T and 85 Tons.

ROV operators emphasize that the locking device may be operated from three different sides. The locking arm also has a long deflection from unlocked to locked position. Both positions are clearly marked by L (locked) and U (unlocked) respectively. The ROV pilots therefore do not have to zoom in on the shackle to see if it is secured or unsecured. Moreover, ROV operators pointed out that it was simple to operate the shackle locking arm when it was attached to a fixed structure, while it was more difficult when the shackle was hanging in a slack wire.

Engineering Manager Arne Kinn with one of the ROV operated shackles.

For futher information, please contact Anne Eline Bratland at anne.eline.bratland@imenco.no 9

Imencos new production facilities.

Imenco moves into new production premises Imenco has acquired a large industrial property at Grinde 15 km east of Haugesund, and will during the course of spring have installed all production, storage functions, and the purchasing department in the recently acquired premises.

The building is around 26900 square foot (2500m2), and the production hall alone has a floorspace of 22600 square foot (2100m2).

- Half of the production space will provide space for the section which will occupy the aviation fuelling facilities, while the production of diving systems in co- operation with Dräger will be carried out in the other half of the production hall, says Project Manager Thor Nordahl, to Imenco Today.

- Next to the spacious production hall at Grinde there are also storage rooms covering 4800 square foot (450m2).

On the east side there is an administration Section occupying 500 M2 and outside areas total 2,22 acres After buying the industrial building in 2008, Imenco has had the building extensively renovated and furbished.

Mr. Nordahl says that between 25 and 30 of the group’s employees will have relocated to Grinde during the course of spring.

- Being primarily involved in the subsea part, I’m particularly looking forward to our gathering a strong environment for diving technology here. Thanks to Imenco’s acquisition of NUT we have become a leading manufacturer of diving systems. We are co-operating with Dräger, one of the world’s leading manufacturers. The Germans deliver the bells, while we build the board and control desks, and install them in the diving vessel, Nordahl says.

Make a career at Imenco Imenco is seeing a rapid growth, which means there are good career opportunities for engineers and other personnel. We are at all times looking for new employees to strengthen our organization further.

One of our key areas is the development of advanced systems for IP cameras for offshore installations

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and land-based industries. Within this department we have a vacancy for a network and systems engineer.

Imenco is also looking for a salesperson with relevant background from the offshore and maritime sectors.

The successful applicant is not only to market our subsea and ROV equipment, but will also offer knowledge

Project Manager, Thor Nordahl

and smart solutions to the challenges given to us by our customers. See open vacansies at www.imenco.no For further information, please contact Personnel & adm.manager Ellen Aursland at ellen.aursland@imenco.no

Department for Electro, Electronics and Automation Electrical engineering, electronics, and automation are now gathered in a separate department under the management of Jan Wulsberg, who holds the position as Engineering manager, Electro, Electronics and Automation.

The department handles amongst others development and production of subsea cameras and surveillance CCTV cameras. In addition to that, some special assignments within electro, electronics and automation are carried out. The control system for the missile fuelling system to Kongsberg defence aerospace is an example of this. Initially , employees will remain at the present premises in Haugesund, but in the longer term it is the intention to relocate Electro and automation to the new Imenco building at Grinde, east of Haugesund. Electronics will continue at Risøy in Haugesund.

For futher information, please contact Jan Wulfsberg at jan.wulfsberg@imenco.

The department has a staff of 7, of whom 6 are shown on the photo. From left, Dag Hindal, Andreas Knutsen, Åge Baustad, John Arne Birkeland, Arnfinn Klingsheim and Jan Wulfsberg.

New Production Manager Einar Løvfall has been appointed Production Manager of Imenco AS, in a newly created position. He will get the responsibility for order processing, and will report directly to Managing Director, Geir Egil Østebøvik.

- Imenco offers exciting challenges, and I’m looking forward to getting started, Løvfall says to Imenco Today.

Løvfall has a 20-year experience from offshore projects working for Aibel. He is originally a metal sheet worker, and has ”made the grades” from starting out as an apprentice until his present position as a Construction Manager. The last major project he has been in charge of is HiLoad, a landmark project towering more than 60 m.

HiLoad is an ”oil loading platform” with an entirely new design. The construction operations at Aibel have attracted considerable international attention.

Einar Løvfall will take up his position as Production Manager 1 June at the latest.

His place of work will be the department at Grinde.

Einar Løvfall has been appointed as Production Manager of Imenco. In the background HiLoad is looming, the oil loading platform being built by Aibel, and which is soon finished.

Løvfall has had overall responsibility for implementation of the project at Aibel.

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www.imenco.no

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