Kvaerner

Kvaerner is a Norwegian industrial company with a long history. It was founded in 1882 by Olav Thon Kvaerner, initially as a mechanical workshop. Over the decades, the company diversified and grew significantly, becoming a major player in various industrial sectors, particularly in shipbuilding and offshore engineering.

Throughout the 20th century, Kvaerner was renowned for its shipbuilding capabilities, constructing a wide range of vessels. In the latter half of the century, the company increasingly focused on the offshore oil and gas industry, developing expertise in the design and construction of offshore platforms and related infrastructure. This strategic shift allowed Kvaerner to capitalize on the burgeoning energy sector.

In recent years, Kvaerner has undergone significant restructuring and strategic refocusing. It sold off its shipbuilding operations in 2011, concentrating on its core strengths in engineering, procurement, and construction (EPC) for the offshore oil and gas sector. The company has also been involved in renewable energy projects, particularly in offshore wind. Kvaerner's operations are primarily based in Norway, with a strong presence in the North Sea region. It has a reputation for delivering complex projects in challenging environments.