Press

AF Gruppen’s subsidiary AF Offshore Decom is joining forces with the leading offshore decommissioning players Heerema Marine Contractors and Decom Energy, to launch a new company: Fairfield Decom. Headquartered in Aberdeen, this new venture combines the knowledge of a highly experienced operator with the expertise and capabilities of the world’s leading offshore decommissioning contractors. Through this step, a unique late-life operations and decommissioning operator is created, providing an all-encompassing solution for offshore oil and gas assets, primary in the UK Continental Shelf.

On 15 May, AF Gruppen ASA’s annual general meeting elected two new Board members: Kristina Alvendal and Kjetel Digre. At the same time, the Board was expanded and now comprises a total of 10 people.

AF Gruppen (AFG) reports solid results for Q1 2019. Revenues increased by 34 per cent to NOK 5,214 million in the quarter, while earnings before tax increased by 16 per cent to NOK 226 million.

AF Gruppen has been awarded the contract with Statkraft for the construction of Vesle Kjela power plant in the municipality of Vinje.