Moreld

Stavanger, Norway Founded: 2019 • Age: 7 yrs Acquired By McIntyre Partners
Oilfield services are provided to energy sector clients worldwide.
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About Moreld

Moreld is a company based in Stavanger (Norway) founded in 2019 was acquired by McIntyre Partners in January 2024.. Moreld has completed 2 acquisitions, including Global Maritime and Ocean Installer. Moreld offers products and services including Subsea Installation Services and Engineering Consultancy.

  • Headquarter Stavanger, Norway
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Moreld Asa
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
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IPO & Listings of Moreld

Moreld is a publicly listed company on the OSL with ticker symbol MORLD in Norway, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OSL · Ticker: MORLD . Sector: Industrial services · Norway

Products & Services of Moreld

Moreld offers a comprehensive portfolio of products and services, including Subsea Installation Services and Engineering Consultancy. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Subsea installation services for offshore developments are offered, including SURF, moorings, and CCS projects that are delivered worldwide.

Engineering consultancy across the project lifecycle is provided, encompassing maintenance, modification, and support for renewable energy initiatives.

People of Moreld
Headcount 1000-5000
Employee Profiles 6
Board Members and Advisors 5
Employee Profiles
People
Geir Austigard
Chief Executive Officer
People
Karsten Gudmundset
EVP Engineering & Ocean
People
Margrete Høgberg Adamsson
HR & Administrative Manager
People
Ilmer Ferrer
Mechanical Engineer

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Board Members and Advisors
people
Helge Aasen
Chairman of the Board
people
Morten Grongstad
Director
people
Atle Eide
Director
people
Ola Sætre
Director

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Funding Insights of Moreld

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Moreld

Moreld has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include McIntyre Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
An investment company focused on acquiring non-core businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Moreld

Moreld has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Global Maritime and Ocean Installer. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Subsea projects and marine construction services are executed.
2011
Marine advisory and risk services are provided worldwide.
1979
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Moreld

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Moreld Comparisons

Employees
+
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Competitors of Moreld

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Moreld

Frequently Asked Questions about Moreld

When was Moreld founded?

Moreld was founded in 2019.

Where is Moreld located?

Moreld is headquartered in Stavanger, Norway. It is registered at Stavanger, Rogaland, Norway.

What does Moreld do?

Moreld was founded in 2019 and is headquartered in Stavanger, Norway. Operations are centered on oilfield services within the energy industry. Support is offered for exploration, drilling, and maintenance activities in offshore and onshore environments. The company serves clients across international markets, with a focus on technical solutions for oil and gas projects. Domain registration under moreld.com facilitates online presence and client engagement.

What products or services does Moreld offer?

Moreld offers Subsea Installation Services and Engineering Consultancy.

Is Moreld publicly traded?

Yes, Moreld is publicly traded on OSL under the ticker symbol MORLD.

How many acquisitions has Moreld made?

Moreld has made 2 acquisitions, including Global Maritime, and Ocean Installer.

Who are Moreld's investors?

Moreld has 1 investor. Key investors include McIntyre Partners.

What is Moreld's ticker symbol?

The ticker symbol of Moreld is MORLD on OSL.

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