Asset sharing
Access to the right equipment without unnecessary ownership.
Sustainability
Sustainability forms the foundation of our rental services. Reuse and high utilization of quality assets are at the core of our operations.
Built on reuse, utilization, and long-term value
At NOR, sustainability is closely connected to what we do every day. Our rental model gives offshore, subsea, and renewable energy companies access to reliable equipment when they need it, without unnecessary ownership.
By maintaining, testing, and redeploying quality assets across projects and regions, we help extend equipment lifetime, increase utilization, reduce idle resources, and support a more circular offshore industry.
Our contribution to circularity
For NOR, circularity is built into the way we manage our equipment. Each asset is maintained, tested, documented, and prepared for continued use, helping extend its operational lifetime without compromising safety, quality, or performance.
This approach helps customers make better use of existing resources while ensuring the equipment they receive is safe, reliable, and ready for demanding offshore environments. It also supports customers facing increasing sustainability requirements, including EU taxonomy and reporting expectations.
What this means in practice
High utilization
Quality assets kept active across projects, customers, and regions.
Lifecycle management
Maintenance, testing, and redeployment that extend equipment lifetime.
Responsible handling
Secure handling of waste, components, and materials throughout the equipment lifecycle.
Support for green offshore projects
20% of our revenue is related to green offshore projects.