Vard Electro AS

ELECTRICAL ENGINEERING, POWER AND AUTOMATION Vard Electro offers its customers a complete electrical systems package – from engineering through installation, integration testing, commissioning and field services. Our well-proven products and ongoing innovation ensure that each vessel and its crew get a safer and more productive work day, all this while protecting the environment against undesirable emissions. Our electrical engineering and installation unit is a world-class supplier of complete electrical systems for ships, including power and automation, diesel-electric propulsion, switchboards and HVAC systems. We have extensive experience within the fields of electrical installation and design. We combine innovative concepts and cutting edge technologies to design, engineer, and install performance-enhancing, environmentally responsible and cost-effective solutions. In addition, we manufacture and supply electric, frequency-driven winches and winch control systems. Service personnel are available around the clock, worldwide, for assignments at shipyards and on board en route vessels. GLOBAL SERVICE Aftersales, spare parts, retrofit, service, training, tech support, warranty VARD is one of the major global designers and shipbuilders of offshore and specialized vessels used in the offshore oil and gas exploration and production and oil services industries. Headquartered in Norway with 10,000 employees, VARD operates ten strategically located shipbuilding facilities, including five in Norway, two in Romania, two in Brazil and one in Vietnam. VARD’s long shipbuilding traditions, cutting-edge innovation and technology coupled with its global operations ensure access to the fastest growing oil exploration markets. The Group’s expertise and track record in constructing complex and highly customized offshore and specialized vessels have earned it recognition from industry players and enabled it to build strong relationships with its customers. VARD was listed on the Main Board of the Singapore Exchange on 12 November 2010. Majority shareholder Fincantieri Oil & Gas S.p.A., a wholly owned subsidiary of FINCANTIERI S.p.A., owns 55.63% in the Group. Headquartered in Trieste, Italy, FINCANTIERI is one of the world’s largest shipbuilding groups and has, over its 200 years of maritime history, built more than 7,000 vessels.