"This order is a solid validation of the quality of our products, the competency and commitment demonstrated by all our employees, and the effects of the significant restructuring which we have implemented in order to strengthen our competitive edge in a tough market," commented Styrk Bekkenes, the happy and proud Harding CEO, after the contract signing on July 14th.
The contract comprises nine FF1200- lifeboats, with nine corresponding LA 1200 SU davits, and constitutes a relatively large order on Harding's scale. The nine lifesaving systems will be delivered over 2017, and will then be installed on the living quarters platform of Johan Sverdrup. Both the lifeboats and the davit system have been developed by Harding in Norway. The lifeboats will be built in Norway, while the davits will be assembled at one of Harding’s overseas locations.
Demonstrates Harding's competitive edge
Styrk Bekkenes says the contract is much appreciated by Harding.
"The Johan Sverdrup delivery has been one of the few big contracts for new oil and gas developments in Norway, for which we have been able to compete lately, and we have been through an extremely tough and demanding tender process, characterised by a sharp focus on costs and technical solutions. By having the winning tender, we are demonstrating that Harding can deliver quality on time at the right price, even during difficult times", says the director.
He admits that Harding has, too, felt the consequences of the fall in oil price and reduced levels of investments in the oil and gas industry.
"We have met this challenge with a comprehensive restructuring process, in which we have worked on reducing costs in order to maintain our competitive edge. The Johan Sverdrup delivery demonstrates that, to a great extent, we have succeeded with this work", believes Bekkenes.
Building further on the Statoil relationship
Statoil has, for many years, been Harding's most important customer in the North Sea. Bekkenes is glad to be able to build on this relationship further.
"It is important for us to be a part of Statoil’s future developments on the Norwegian shelf, and this first delivery to Johan Sverdrup plays a part in positioning Harding for new phases in this field, as well as a possible development of the Johan Castberg field", he points out.
Harding is the global market leader for maritime lifesaving systems, with a solid track record of deliveries to offshore installations all over the world. The company has close to 1000 employees, and has sales, production, and service stations at 28 locations in 16 countries. The head office is in Seimsfoss, Norway.
Innovation has always been a central part of our activities, and Harding developed, among other things the first lifeboat (FF1200) to fulfil the new safety regulations for the Norwegian continental shelf (DNV 406). The company is also behind a series of compact closed davit systems that have reaped commercial success in the global market.