CRIST Offshore

Name

CRIST Offshore

Legal name

CRIST Offshore Sp. z o.o.

Website

https://cristoffshore.com.pl

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Offshore Construction Services

NAICS

Ship Building and Repairing (336611), Oil and Gas Field Machinery and Equipment Manufacturing (333132)

SIC

Ship & Boat Building & Repairing (3730), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Offshore Wind & Renewable Support Vessel Construction (SOV, CTV, WTIV) (IMAJACAG)

akta.pro secondary industries

Marine & Offshore Wind BOP Construction (Foundations, Cables, Ports, Installation Support) (EUAMAFAI), Subsea & Nearshore Civil Works (Trenching, Rock Placement, Mattressing) (IMAFAJAI), FPSO/FSO Hull Construction & Conversion (IMAJACAC), Dry Docks & Floating Docks (Graving, Floating, Syncrolift) (IMAJALAA)

Keywords

• Offshore construction services
• Oil and gas fabrication
• Subsea structure fabrication
• Offshore wind components
• Heavy steel fabrication

Headquarters

HQ city

Gdynia

HQ country

Poland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Offshore Construction Services: CRIST Offshore generates revenue primarily through fabrication and delivery of offshore and subsea structures for the oil & gas industry, which accounts for approximately 80% of total company income. Revenue is project-based, with each contract covering fabrication of specific structures (Top Sides Modules, Subsea Structures, Grillages) to client specifications.
2. Renewable Energy Components: Growing revenue stream from wind farm construction components and services for the renewable energy sector. CRIST Offshore has built 3 vessels for installation and servicing of offshore wind farms.
3. Other Engineering Services: Additional services including modifications, cranes, harbor constructions, hydrotechnical constructions, sea-fastening, grillages, and prefabricated components.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

CRIST Offshore fabricates and delivers offshore and subsea structures for the oil & gas and renewable energy sectors from its Gdynia, Poland facility. Core offerings include Top Side Modules, Subsea Structures, and Grillages for marine operations, plus offshore wind farm construction components and vessels. The company operates the largest dry dock in the Baltic Sea and a dedicated 2,700 m2 production hall (G-08), supporting project-based contract manufacturing for enterprise clients.

Product overview

CRIST Offshore operates as a focused offshore construction organization offering three interconnected service categories: Oil and Gas Construction Services (the dominant revenue stream at ~80% of company income, covering Top Sides Modules, Subsea Structures, and Marine Operations Grillages), Renewable Energy Construction Services (supporting offshore wind farm development and renewable technologies), and Other Construction Services (flexible offerings including modifications, harbor constructions, hydrotechnical constructions, cranes, sea-fastening, and prefabricated components). The company is part of the CRIST Group, which leverages shared production resources including a 2,700 m2 production hall (G-08) and access to up to 350 mobilizable mounters and welders. The company has successfully delivered approximately 12,000 tons of offshore and subsea construction.

Differentiator

Problem solved

Functional benefit

Products and services

• Oil and Gas Construction Services Offshore and subsea construction services for the oil & gas sector, including fabrication of Top Sides Modules, Subsea Structures, and Grillages for marine operations. Production for the oil and gas market constitutes approximately 80% of total company revenues. For international and local oil & gas companies and their EPC contractors.
• Renewable Energy Construction Services Construction and development services for renewable energy technologies, particularly offshore wind farm components and infrastructure. For offshore wind farm developers and operators.
• Other Construction Services Additional construction services including modifications, cranes, harbor constructions, hydrotechnical constructions, sea-fastening, grillages, and delivery of prefabricated components. Flexibility is positioned as a key strength. For industrial and marine clients with custom fabrication needs.

Quantifiable outcome

• ~12,000 tons of offshore and subsea construction successfully delivered since 2011
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core.

• Norwegian Construction Companies (Group)coreStrategic or Co-development Partner · 1 January 2011Following the Memorandum of Understanding between CRIST and a group of Norwegian construction companies signed in March 2011, CRIST Offshore Sp. z o.o. was established as an offshore construction sub-organization within the CRIST Group. This partnership marked the company's entry into the offshore energy sector, serving Norwegian oil and gas companies and international markets.
• DNV (Det Norske Veritas)coreTechnology or IntegrationDNV serves as the certification body for CRIST Offshore's quality, environmental, and safety management systems including ISO 9001, ISO 14001, ISO 45001, and ISO 3834-2 certifications.
• CRIST S.A. (Parent Company)coreStrategic or Co-development PartnerCRIST Offshore operates as a subsidiary within the CRIST Group, benefiting from shared resources including professional staff, production facilities (Hall G-08), and ability to mobilize up to 350 workers. The group has shipbuilding heritage dating to 1990.

Scale indicators8 records

Recent moves1 record

Expansion highlights4 records

Broad incumbents

• Saipem: Saipem (Italy, listed) is a global offshore EPCI contractor for fixed platforms, FPSOs, and offshore wind. It is a broad incumbent peer competing for similar offshore fabrication and offshore wind installation contracts but at significantly greater scale and geographic diversification.
• Subsea7: Subsea7 (UK, listed) is a global subsea engineering, construction, and services contractor. It is a broad incumbent comparable on subsea structures and offshore installation work, though its primary focus is subsea pipelay and SURF rather than topside fabrication.
• McDermott International: McDermott (US, listed) is a global offshore EPCI contractor for subsea, offshore platforms, and offshore wind. It competes for similar topside and subsea projects but operates globally at significantly larger scale across the full offshore value chain.
• Aker Solutions: Aker Solutions (Norway, listed) is a large, listed Norwegian offshore engineering and construction company covering subsea, topsides, and offshore wind. It overlaps with CRIST Offshore in topside/subsea fabrication but operates at significantly greater scale across a broader portfolio.

Direct peers

• Cadeler: Cadeler (Denmark, listed) is a leading pure-play operator and owner of WTIVs for offshore wind. Although it focuses on vessel ownership/operation rather than construction, it is the most direct comparable for the wind installation vessel market CRIST Offshore supplies into.
• Aibel: Aibel (Norway) is a leading Norwegian offshore engineering, fabrication, and maintenance company serving North Sea O&G and offshore wind. Like CRIST Offshore, it has heavy-fabrication expertise, Norwegian client relationships, and renewable diversification.
• Vard: Vard (Norway/Italy, part of Fincantieri) is one of Europe's largest builders of offshore vessels including SOVs, CTVs, and specialized offshore support ships. It is the most direct comparable in offshore vessel construction and shares CRIST's Norwegian/European shipbuilding heritage.
• Ulstein: Ulstein (Norway) designs and builds offshore vessels including wind installation, SOV, and heavy-lift vessels. It is a direct European peer with overlapping capabilities in offshore and wind vessel construction, including a strong Norwegian customer base.
• Heerema Marine Contractors: Heerema (Netherlands) is a major heavy-lift offshore construction and engineering company, building and operating the world's largest offshore crane vessels. It is a direct comparable in large-scale offshore fabrication, fabrication of offshore structures, and offshore wind installation support.

Emerging players

• ZPMC: ZPMC (China) is one of the world's largest heavy equipment and offshore fabrication groups, including cranes, offshore platforms, and large steel structures. It represents the low-cost Asian capacity that competes with European shipbuilders like CRIST Offshore on large offshore fabrication projects.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/crist-offshore

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CRIST Offshore