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Moreld
Moreld is Julian McIntyre's industrial engineering group owning Ocean Installer, Moreld Apply, and Global Maritime, serving offshore energy and marine...
Moreld
Moreld is structured as an industrial holding company owned by Julian McIntyre, a serial entrepreneur who has started and invested in numerous businesses and raised billions in capital (per firm website). The group was formed through acquisitions and operates as a single-family office that consolidates engineering and marine services under one roof. The group's portfolio spans three operating companies. Ocean Installer executes subsea installation for offshore oil and gas — services include SURF (subsea umbilicals, risers, and flowlines), moorings, offshore renewables, IRM, and CCS. Moreld Apply provides maintenance and modification for offshore platforms on the Norwegian Continental Shelf and supports carbon capture, hydrogen, and offshore wind projects. Global Maritime is a marine, offshore, and engineering consultancy with 25 offices in 15 countries. Together, the companies serve clients across Europe and beyond. Moreld employs a team that includes Geir Austigard as CEO (since 2020) and Trond Rosnes as CFO. The firm also maintains an office in San Ramon, United States. In 2025, Moreld announced it would pursue a listing on Norway's Euronext Growth exchange, a step toward widening its capital base while remaining controlled by McIntyre. Moreld's structure is distinctive: it is not a passive investment vehicle but an active industrial operator that owns and directs its portfolio companies. This operating-company model gives the family office direct control over engineering, project execution, and revenue — a hybrid of private equity ownership and operational management.
General information
Firm type
Single Family Office
Year founded
—
AUM
Undisclosed
Location
Region
Europe
Country
Norway
City
Stavanger
Corporate office
Stavanger, Norway
Additional offices
Oslo, Norway · San Ramon, United States
Principals
Julian McIntyre
Chairman of the Board
Geir Austigard
Chief Executive Officer
Trond Rosnes
Chief Financial Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Moreld?
Julian McIntyre is Chairman of the Board and the principal owner. Day-to-day group operations are led by CEO Geir Austigard, who has been in the role since 2020. CFO Trond Rosnes handles financial strategy. Investment and acquisition decisions are ultimately controlled by McIntyre, as the family office's sole principal.
Is Moreld a single family office or an operating company?
Moreld operates as a single-family office structured as an industrial holding company. It directly owns three operating businesses: Ocean Installer, Moreld Apply, and Global Maritime. This model combines family-office ownership with active operational control — Moreld's team manages the companies rather than just holding equity.
Does Moreld invest externally or only through its own portfolio?
Moreld's investments are concentrated in its wholly owned portfolio companies. It does not appear to make external fund commitments or direct minority investments outside its group. Capital deployment is directed toward organic growth, acquisitions, and project execution within Ocean Installer, Moreld Apply, and Global Maritime.
What sectors does Moreld focus on?
Moreld serves offshore energy and marine industries, with a strong emphasis on the energy transition. Its companies work in subsea oil and gas, offshore wind, carbon capture and storage (CCS), hydrogen, and marine engineering. The group also provides maintenance and modification services for oil and gas platforms on the Norwegian Continental Shelf.
Where does Julian McIntyre's wealth come from?
Julian McIntyre built his wealth as a serial entrepreneur and investor in technology and energy markets. He has started and invested in numerous businesses, raised billions in capital, and is recognized as a leading player in mid-market buyouts and leveraged finance (per firm website). He holds a first-class honors BSc from Queen Mary & Westfield, University of London.
What is Moreld's relationship with Equinor?
Moreld's subsidiary Moreld Apply has an active relationship with Equinor. In 2025, Moreld Apply was awarded a frame agreement for extended modifications with Equinor (per firm website). This is a significant contract for the group, reflecting its role as a key supplier on the Norwegian Continental Shelf.
Is Moreld publicly traded?
Not yet. In 2025, Moreld announced plans to pursue a listing on Norway's Euronext Growth exchange. As of mid-2026, the listing process is ongoing. The firm remains private and controlled by Julian McIntyre.
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