Page 44: of Maritime Reporter Magazine (November 2025)

HYBRIDS

OLYMPIC SUBSEAOLYMPIC SUBSEA

EFFICIENCY FIRST FOR 'GREENER' OFFSHORE VESSELS

A new generation of hybrid vessels is demonstrating signi? cant gains in both fuel economy and operational output. For Olympic Subsea’s owner and CEO Stig Remøy, it proves that technology-led ef? ciency is the fast- est path to decarbonization—and a powerful business case.

By Jose? ne Spiro hen Stig Remøy began pivoting Olym- “We build and operate ships that serve both offshore wind pic Subsea toward subsea and renew- farms and traditional oil and gas ? elds, because the transition ables a decade ago, the move was met takes time," Remøy explained. This approach is embodied in with some internal skepticism. “Natu- a new generation of vessels, including hybrid-electric CSOVs

Wrally, there were internal discussions — already in service and advanced Sustainable Energy Vessels some believed oil and gas was the future,” he recalled. Rather (SEVs) on the way.

than exit the conventional market, Remøy backed a dual-track strategy centered on a simple, guiding principle: cut energy The Ef? ciency Doctrine use ? rst. From his company's headquarters in Fosnavåg, a Olympic’s strategy has been a systematic technological small town on Norway's northwestern coast and the heart of a progression. “We started transitioning early, back in 1999,” world-leading maritime cluster, Remøy sat down with Mari- Remøy said. “We focused heavily on energy: ? rst diesel- time Reporter & Engineering News sister-publication Off- electric instead of diesel-mechanical, then hybrid”. The lat- shore Engineer to explain his strategy. est vessels layer on more advanced solutions, including a 44 Maritime Reporter & Engineering News • November 2025

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