Fred. Olsen Production

Fred. Olsen Production ASA
Type Public
Industry Petroleum
Founded 1994
Headquarters Oslo, Norway
Key people Morten Lunde (CEO)
Per-Oscar Lund
Products Floating Production Storage and Offloading
Website www.fpso.no

Fred. Olsen Production (OSE: FOP) is a Norwegian offshore floating production petroleum company. Founded in 2004, the company has its headquarters in Oslo, Norway and was first listed on the Oslo Stock Exchange on May 11, 2007. The company's largest owners are Bonheur and Ganger Rolf through First Olsen, owning 61.5% of the company. The companies are controlled by the Olsen family. The firm has offices in Oslo; Houston, United States; Singapore; and Port Harcourt, Nigeria.

The company owns and operates three Floating Production Storage and Offloading vessels (FPSOs), two Floating Storage and Offloading vessels (FSOs) and one production jack-up (MOPU). The company is also converting one suezmax tanker to FPSO and an addition tanker available for conversion. Operations are located in Western Africa and the Red Sea. Among the vessels was Knock Nevis, the world's largest ship, which was created from the tanker previously known as Seawise Giant.