Under the name ENDÚR FABRICOM, Norwegian investors acquire the former Belgian-owned company at Forus in Stavanger. Fabricom is an oil service company that supplies engineering services, project management and has mechanical production.

CEO. Mikal Løvik

Chairman of the Board, Ove Røssland

Fabricom AS with subsidiaries changed from the 21st of February 2018 owner and name – and is now Endúr Fabricom.

The new owners are Investors from Western Norway. The newly established company Handeland Industri AS takes over 2/3 of Fabricom. Handeland Industri AS is primarily owned by the Skarveland family and Ove Røssland. The company is based at Handeland Gard in Kvinnherad, and is an investment company whose purpose is to exercise active ownership. Industry leaders, entrepreneurs and professional investors with many years of experience in the oil and gas industry established the company.

The remaining third is controlled by the business partners Robert Norum and Mikal Løvik, through their ownership of the company Artemes Group AS. Løvik joins the company as CEO, with Ove Røssland as chairman of the board.

The new owners are impressed by how the employees have managed to stick together through the recent challenging times. The company has an energy and commitment that reflects a culture that has been an important success factor for the company for almost 30 years. The employees’ knowledge and expertise is strong and vital to our success.

As new owners, we are keen to look forward, but have looked far back in the choice of company name. Endúr, is derived from Old Norse “endurnýja “, which means “renew”.

Fabricom holds extensive experience of maintenance, modification, construction, installation and rebuilding of complex oil and gas installations both onshore and offshore. With Norwegian industrial ownership, Endúr Fabricom has a solid foundation for solving our clients’ tasks in the future. The new owners come in with long industrial and maritime experience, and strongly believe in the renewal and further development of the company.

The change of ownership will first and foremost be felt by the company being more dynamic than ever, and that we seek to work closely with our customers to find innovative and effective solutions to the challenges of the future. With the help of long and good experiences and excellent HSE culture, we strongly believe that we can help our customers succeed.

We are looking forward to working closely with our existing and new partners.