Company
Headquarters: Oslo, Norway
Employees: 20
kr1.88 Billion
NOK as of July 1, 2024
US$176.1 Million
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Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar PV projects. The company also develops, produces, and manages the Dana Western Isles and Shell Penguins FPSO license agreements. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.