NorSea Group establishes new company – NSG Digital AS

(Stavanger, 30 March 2017) The new company will offer proprietary digital logistics solutions that simplify customers' logistics management and ensure efficient flow of information between all actors in a customer's supply chain.

-The digital initiative in NorSea Group is an important strategic move to strengthen our position as a partner for our customers. We consider ourselves a key player in our customers' supply chain, and thus is appropriate we take a position on digital services within logistics management, says CEO John Egil Stangeland.

Contributions to reduce costs and streamline supply chain
Chief Commercial Officer of NorSea Group, Ola Thuen Neergaard, says that strengthening the digital focus of the group is a natural development and contributes to a reduction in costs and streamline the supply chain in the oil and gas industry:

"We want to be a positive contributor in the oil and gas industry's efforts to increase efficiency, reduce cost and maintain high quality delivery. Our way to contribute is to optimize logistics management. "

The best results are achieved when each actor in the flow of goods works together to increase the efficiencyof other parties in the supply chain. The solutions being developed are based on feedback from NorSea Group’s customers and will address the need for increased collaboration and availability of information.

General manager from the IT industry
To lead NSG Digital AS, NorSea Group has brought in Henrik Heggland. Henrik has a background in software development taking on roles such as software consulting, business developer, consultant and commercial manager. Henrik has assisted NorSea Group by identifying needs and planning the development process for the new software solution. He is now looking forward to assist NorSea Group in establishing itself as a competitive supplier of digital logistics solutions:

"Expanding NorSea Group’s range of services by strengthening our digital initiative, is an exciting journey I look forward to take part in."

The new digital logistics solution will be offered to the market in the near future.

From left: CEO NorSea Group, John E. Stangeland, CCO NorSea Group, Ola Thuen Neergaard and General Manager NSG Digital, Henrik Heggland. Photo: NorSea Group AS.

For further information, please contact:
CCO NorSea Group, Ola Thuen Neergaard, tel.: + 47 900 12 005, e-mail: ola.neergaard@norseagroup.com
CEO NorSea Group, John Egil Stangeland, tel.: +47 915 59 446, e-mail: john.stangeland@norseagroup.com

NorSea Group AS is a privately owned company founded in 1965. The company is a global supplier of base services and integrated logistics solutions to the oil and gas industry. The group also provides offshore wind-services through its subsidiary NSG Wind. NorSea Group has interests in 11 strategically located supply bases along the Norwegian coast and has operations in Scotland, Denmark, the Netherlands and Australia. The group has an annual turnover of around NOK 3 billion and about 1,500 employees. NorSea Group AS is headquartered in Tananger outside Stavanger. The company's main shareholders are Wilh. Wilhelmsen Holding ASA, Eidesvik Eiendomsinvest AS og Simon Møkster Eiendom AS.

NSG Digital AS is a wholly owned company of NorSea Group AS and will be responsible for the Group's efforts within digital logistics solutions.

Visiting address: Risavika Havnering 14, 4056 Tananger Phone: +47 40 00 43 21 Email: norseagroup@norseagroup.com

© NorSea Group AS 2017