Industrial Holdings

Reach Subsea ASA

Reach Subsea ASA is a subsea/IMR company that offers high quality solutions and technology to clients in need of ocean data and services. The company operates a wide range of work- and survey ROV’s from its fleet of vessels, ranging from smaller survey, IMR and light construction vessels to high-capacity subsea construction vessels. Services are offered out of the head office in Haugesund as well as from subsidiaries located across Norway, Sweden, UK, US, Brazil, Cyprus, Trinidad, Australia and Singapore.

North Energy has a shareholding of 18.0% and is represented on the board of directors.

Wind Catching Systems AS

Wind Catching Systems AS is developing The Windcatcher – a new innovative technology for floating offshore wind production. The Windcatcher is highly scalable unit, based on mass-produced smaller turbines and at-sea replacement of individual turbines without the use of specialized ships or cranes. The Windcatcher is designed as a concept with strong scaling potential, high acreage efficiency and drastically reduced operations- and maintenance cost for floating wind production.


North Energy has a shareholding of 18.2% and is represented on the board of directors.