Company structure

  • Ocean Farming AS

    Ocean Farming AS was granted development licenses with a total Maximum Allowed Biomass (MAB) of 6,240 tons in 2016, for the Ocean Farm 1 concept. In 2020, midway through the second production cycle, the company converted the licenses into standard fish farming licenses. Today, the company operates the offshore fish farm Ocean Farm 1 in Frohavet, off the coast of Frøya, with a total MAB of 6,302 tons.

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  • Arctic Offshore Farming AS

    Arctic Offshore Farming AS was granted development licenses with a total Maximum Allowed Biomass (MAB) of 5,990 tons for its concept in 2018. The company constructed the units, which were anchored at the site off the coast of Tromsø in 2021. The company is now in its second production cycle and aims to convert the development licenses into standard fish farming licenses. After the conversion, the company will have a total MAB of 6,112 tons.

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  • Mariculture AS

    In September 2023, Mariculture AS was awarded development licenses (6,240 tonnes MTB) and an offshore location (outside the current production area) in the Norwegian Sea, becoming the first operator with a cleared site offshore. Offshore aquaculture will require larger, more complex, and costly production units and value chains compared to conventional aquaculture, which imposes greater demands for tailored and predictable regulatory conditions. Due to regulatory uncertainty related to resource rent tax and offshore aquaculture regulations, as well as limited yard capacity in the current market, SalMar Aker Ocean has decided to put further work on offshore aquaculture in Norway on hold. Once the final regulatory framework is clarified, providing the necessary predictability, the group will make a comprehensive assessment of the investment opportunity. In the meantime, we are focusing on optimizing existing units and continuing the development of cost-effective technology for use in semi-offshore/exposed environments, both in Norway and internationally.

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Strong ownership combining farming and offshore experience

SalMar Aker Ocean – the market leader in offshore fish farming built on the combined competitive advantages of SalMar and Aker

  • SalMar

    (85% ownership in SAO)

    • 30 years of salmon farming experience
    • One of the world’s largest and most efficient salmon farmers
    • A fully integrated value chain
    • Focus on sustainable growth on the salmon’s own terms

  • Aker

    (15% Ownership in SAO)

    • 180 years of industrial experience
    • Have built more than 60 % of all floating offshore installations in the world
    • Global leader in industrial software
    • Portfolio of zero-emission technologies