Ocean Installer

Stavanger, Norway Founded: 2011 • Age: 15 yrs Acquired By Moreld
Subsea projects and marine construction services are executed.
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About Ocean Installer

Ocean Installer is a company based in Stavanger (Norway) founded in 2011 was acquired by Moreld in June 2024.. The company has 103 employees as of December 31, 2019.

  • Headquarter Stavanger, Norway
  • Employees 103 as on 31 Dec, 2019
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Oceaninstaller As
Operational Areas
Key Metrics
  • Annual Revenue
    $245.37 M (USD)
    9
    as on Dec 31, 2022
  • Net Profit
    $-4.91 M (USD)
    -173
    as on Dec 31, 2022
  • EBITDA
    $50.63 M (USD)
    30
    as on Dec 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    103

    as on Dec 31, 2019

  • Acquired by
    Moreld

    (Jun 07, 2024)

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People of Ocean Installer
Headcount 200-500
Employee Profiles 13
Board Members and Advisors 7
Employee Profiles
People
Stig Litlabø
Chief Commercial Officer
People
Kevin Murphy
CEO
People
Emilie Reeve
CEO & EVP, Kontiki Winds
People
Ole Stølås
Chief HR Officer

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Funding Insights of Ocean Installer

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 Ocean Installer

Ocean Installer has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Moreld. 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
Institutional
Investor Description Founded Year Domain Location
Oilfield services are provided to energy sector clients worldwide.
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 Ocean Installer

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

Financial Statements - Ocean Installer

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

Ocean Installer Comparisons

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Competitors of Ocean Installer

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 Ocean Installer

Frequently Asked Questions about Ocean Installer

When was Ocean Installer founded?

Ocean Installer was founded in 2011.

Where is Ocean Installer located?

Ocean Installer is headquartered in Stavanger, Norway. It is registered at Stavanger, Rogaland, Norway.

Who is the current CEO of Ocean Installer?

Steinar Riise is the current CEO of Ocean Installer.

How many employees does Ocean Installer have?

As of Dec 31, 2019, the latest employee count at Ocean Installer is 103.

What is the annual revenue of Ocean Installer?

Annual revenue of Ocean Installer is $245.37M as on Dec 31, 2022.

What does Ocean Installer do?

Founded in 2011 and based in Stavanger, Norway, the company operates in the subsea and offshore sectors. Large-scale projects in challenging marine environments are managed, with services encompassing transport, installation, and full engineering, procurement, construction, and installation (EPCI) solutions. Expertise in subsea EPCI and offshore wind installations is applied through a flexible asset approach, while safety and quality standards are maintained across all operations.

Who are Ocean Installer's investors?

Ocean Installer has 1 investor. Key investors include Moreld.

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