Looking back at the challenging year that we had in FourPhase I can say that there is no doubt that our team is one of our greatest strengths as an organization, along with our culture. Our team and the culture we foster underpin our ability to continuously innovate, to grow and to focus on the long term goals.
Just like everyone else in the Oil & Gas industry in Norway, we have also been affected by low oil prices which resulted in many projects delayed, rates reduced and operations cancelled. However, we managed to stay positive and work as a team to win new contracts and develop new customer relations that resulted in new projects in Norway, UK, Caspian and Middle East regions.
On behalf of FourPhase, I would like to thank all our customers for their trust in our technology that enables us to develop and deliver leading solids removal solutions to the markets across the world. We continue to grow and innovate and are looking forward to further collaboration in 2016!
Season’s Greetings and best wishes for the New Year,
Øyvind Heradstveit
CEO at FourPhase AS