The company was founded and got named A/S Nymo Fabrikker. Founder was Mr. Alf Ribe, who initially intended to build up a foundry to produce hearths and stoves.
The company’s shares were 100% taken over by the Ugland family. The purpose by taking over the workshop was to fabricate special items and spare parts for own ships and to provide vessel engineers with required workshop practice necessary for their certification.
The first machine and repair shop were built at Fjære site. The Ugland owned ship “Lisita” (13 150 DWT) arrived Grimstad, Vikkilen as the first merchant ship to the yard for necessary maintenance and repair.
The first floating dock, which was bought from Denmark arrived Nymo. Ships up to 16 000 DWT could then be docked. The dock was in use until 1975 and then sold to Sweden and a new dock was installed. A/S Nymo Fabrikker was renamed AS Nymo, with subtitle Mekanisk Verksted.
Nymo into the oil age. Contract was signed for overhaul and upgrade of the drilling rig “Ocean Prince”, and the rig arrived in December. This was a challenge for Nymo and so far the biggest job ever performed at the yard. The rig left Grimstad in May 1967 and was the first rig repair performed at any Norwegian yards.
Nymo together with 4 other South Norway yards established the company Oil Industry Services. This was a company specialized in services to the oil market and very soon a module contract was signed for the first platform to Ekofisk 2/4A in 1973.
The expansion of Nymo into the “oil age” started by decision of building quay and shop facilities at the yard in Grimstad. This was the company’s start of module fabrication and is still the main activities nearly 40 years later.
Nymo fabricated floating platform structure for an Aker H3 to BMV in Bergen. This year Nymo also delivered the first fabricated accommodation quarter to Eldfisk.
Fabrication and delivery of heavy lift vessel “Uglen”. The vessel was designed and built in close cooperation with the Ugland organization.
The first EPC contract was signed with BP for design, procurement and fabrication of an accommodation module and helideck for 135 persons to Gyda field.
Nymo acquired the yard facilities at Eydehavn, Arendal. The first delivery of a complete platform was signed with Elf Petrolan BV, The Netherlands. This unmanned wellhead platform was hooked up at the K6D field.
From this year subsea projects became a main activity at the Eydehavn yard and two rise towers for the Troll Field were fabricated and delivered. Further agreement was made to fabricate subsea structures and pipelines for a large number of wells to the Troll oil province.
A 1700 tonnes process module for the Vigdis field was fabricated and delivered to Saga Petroleum.
Nymo fabricated a complete drilling module (1800 tonnes) for Bentec Norge A/S to Oseberg Sør field.
Nymo’s first EPCI contract was delivered to Hydralift and Stena Drilling. Nymo performed engineering, procurement, fabrication, transport, installation and testing of the drilling module for the rig “Stena Don” which was built in Germany.
One of the most prestigious contracts was signed with ABB to fabricate the subsea units for the Snøhvit field. Nymo’s delivery consists of 6 seabed units containing manifolds and control systems for gas production from 325m of water depth.
In 2005 Nymo signed contract with ORS, later transferred to COSL for design and fabrication for one drilling module with an option for a second identical module. Later another 2 drilling modules and 4 mud modules was ordered. The contracts also included transport from Grimstad to Yantai, China. All 4 drilling and mud modules were delivered from 2007 – 2010.
Accommodation modules for 290 persons were fabricated at Eydehavn yard and installed onboard Master Marine’s vessel Service Jack 1 “Haven”. Final hook-up and completion of the vessel started August 2010 and completed July 2011. “Haven” will serve as accommodation platform in the Norwegian sector of the North Sea.