PRESS RELEASE
8th of April 2013

Ocean Installer appoints Michael Newbury as President for its US office, located in Houston, Texas. The Ocean Installer Houston office has been established to cater for projects run out of the US.

In line with our vision of becoming a key service provider in the global subsea market, opening an US office has been a natural step. Michael Newbury was chosen as President due to his extensive managerial experience and long track record from the US subsea industry, and because of his ambition to develop Ocean Installer to become an established contractor also in the US, says Steinar Riise, CEO of Ocean Installer.

Michael Newbury comes from a position as Vice President for Operations and Business Development with the US based subsea contractor Deep Down, Inc. and has extensive senior experience from the US subsea industry, including Subsea 7 and Halliburton.

The process of opening an Ocean Installer US office was initiated last year and is now completed with the registration of the Ocean Installer legal entity, Ocean Installer Texas Inc., and the appointment of Michael Newbury as President. The Ocean Installer US branch will serve as an office for project development and management and is an important step in Ocean Installer’s global expansion.
Michael Newbury enters his new position in April 2013.

-END-

Download as pdf

[divider scroll_text=””]


About Ocean Installer
Ocean Installer is a Norwegian subsea entrepreneur headquartered in Stavanger, Norway. Ocean Installer holds strong EPCI expertise within the SURF (Subsea, Umbilicals, Risers, Flowlines) segment and is rapidly expanding its operations and organisation within and beyond the North Sea basin.

Ocean Installer provides its clients with recognised first-rate assets and has secured long-term charters on two construction support vessels (CSV): Normand Clipper and Normand Mermaid. A third CSV, in which Ocean Installer has ownership, is under construction and is to be delivered in Q2 2014. Ocean Installer will continuously invest and develop its assets to fulfill its ambition to be a key service provider within the SURF segment.

Ocean Installer is majority-owned by HitecVision, a leading investor in the oil and gas industry.

Ocean Installer holds FPAL- and Achilles certifications, with systems established in accordance with the requirements set out in ISO 9001, 14001, 18001 and 31 000 standards.

For further information, please visit: www.oceaninstaller.com