Releases - Odim ASA

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2008

 

Found press releases

 

Carnegie - Oil Service Day, New York, Presentation

12/1/2008 10:00 AM EST
The presentation held at Carnegie - Oil Service Day on 1 December 2008 at Waldorf Astoria in New York is enclosed.
Attachment on http://www.newsweb.no

ODIM acquires valuable electrical expertise

11/12/2008 2:40 AM EST
(Hareid, 12 November 2008): ODIM has continued to develop its After Sales & Service business and secured valuable electrical expertise by acquiring Sunnmøre Elektro for NOK 14 million net. This acquisition strengthens the scope of one of the group’s biggest growth areas, and will help it to undertake larger and more complex service assignments for offshore customers.
NOK 12 million of the settlement will be...

Third quarter 2008 presentation

11/12/2008 2:30 AM EST
The ODIM Q3 2008 presentation
The Q3 2008 presentation held at Felix Konferansesenter in Oslo on 12 November is enclosed at http://www.newsweb.no

Strong results add to financial strength

11/12/2008 1:00 AM EST
(Hareid, 12 November 2008): Growth continued in ODIM during the third quarter as activity in the offshore sector remained high, and revenues, EBITDA and margin hit new record levels.
Revenues for the third quarter came to NOK 511.8 million, up by 58.7 per cent from the corresponding period of last year. EBITDA was NOK 99.3 million, an increase of 83.2 per cent from the third quarter of 2007. The EBITDA margin...

Invitation to presentation of ODIM`s third quarter 2008

11/7/2008 3:57 AM EST
(Hareid, 7 November 2008): ODIM ASA releases the company`s third quarter results 2008 on Wednesday 12 November 2008.
CEO Jogeir Romestrand will present the third quarter result from 0830 CET at Felix Konferansesenter, Bryggetorget 3, Oslo. After the presentation, there will be a Q&A session.

The presentation will be available on direct Webcast on www.odim.com.

ODIM welcomes all interested parties....

New Chinese contracts for ODIM

10/22/2008 8:22 AM EST
(Hareid, 22 October 2008): Contracts worth some NOK 35 million have been awarded to ODIM by China’s BGP CNCP. They relate to two equipment packages for automated handling of two-dimensional seismic and cranes for a vessel with a 12-streamer configuration.
ODIM recently moved into a new Shanghai office, and the Norwegian group sees exciting growth opportunities in the Chinese market in the time to come. The...

ODIM wins NOK 95 million deepwater contract from China

10/10/2008 2:55 AM EST
(Hareid, 10 October 2008): An order worth about NOK 95 million for two advanced deepwater cranes has been awarded to ODIM by China’s Zhejiang Shipyard, a subsidiary of Sinopacific Shipbuilding Group.
The contract relates to two 150-tonne ODIM ABAS deepwater cranes, featuring active heave compensation which makes it possible to use the equipment in tough weather conditions.

These units will be installed on...

ODIM completes the group management

10/3/2008 3:06 AM EST
(Hareid - 3 October 2008): ODIM ASA has appointed Idar Hatløy as senior vice president Global Sales and Marketing, who will be responsible for the further development of the company’s international sales network.
Mr. Hatløy has been in ODIM since 1995. His previous position was Vice President Seismic.

ODIM awarded NOK 62 million order in North America

9/17/2008 7:00 AM EST
(Hareid – 17 Sept 2008): ODIM has received several new contracts in its Naval & Power sector totaling approximately NOK 62-million. These new orders are shared between two of ODIM’s North American companies, ODIM Spectrum and Numet Engineering.
ODIM Spectrum has received two orders totaling 29-million NOK. One is from Lockheed Martin Corporation for the production of automated towed sonar handling systems and...

Options allocated to new employees in the ODIM group

9/2/2008 2:22 AM EST
(Hareid, 2 September 2008) As mandated by the general meeting of 4 December 2007, the board of ODIM ASA allocated options on 1 September to all personnel employed in the group from the previous allocation of shares in February 2008 until 29 August 2008.
These options give their holders the right to purchase shares for NOK 83 each, which is the closing price on the Oslo Stock Exchange at the award date. A total...

Odim ASA

ODIM is an international technology group that develops and sells automated handling solutions. These primarily consist of cablehandling systems and winches for use on offshore and naval vessels. The group is expanding s...

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