Our story
Our story began with shipping and canning. We backed the oil business by investing in tankships and oil rigs. We have backed the steel industry, the equities market and property.
During recent years Smedvig has continued to adapt. Today we still invest in disruptive and innovative businesses in addition to real estate, private equity and investment funds. Through four generations our legacy has been characterised by change and renewal. This is how we continue to shape our future.
1915
Peder Smedvig establishes his first shipping company.
1916
Peder Smedvig becomes majority owner of the Central Canning company.
1935
Smedvig Tankships is established.
1959
Torolf Smedvig takes over as majority owner. The canning business is taken over by another branch of the family.
1973
Smedvig expands into petroleum exploration and production and invests in drilling rigs.
1977
Peter T. Smedvig takes over as majority owner.
1985
Smedvig establishes the head office at Løkkeveien 103 in Stavanger.
1990
Smedvig ASA is listed on the Oslo Stock Exchange. The Peder Smedvig Scholarship is established to mark the company’s 75th anniversary.
1996
Smedvig exits the shipping business and establishes Smedvig Capital Ltd in London to invest in Private Equity.
2006
Smedvig exits offshore drilling operations and establishes Smedvig Family Office.
2007
Smedvig Investment Management received its authorization to conduct discretionary asset management services and to provide investment advice.
2015
Smedvig celebrates its 100 year anniversary. Smedvig donates Ydalir, Norway’s first campus hotel, to the city of Stavanger.
2016
Anna Margaret Smedvig takes over as majority owner.
Smedvig in the Community
We aim to encourage and empower young people to reach their full potential through scholarships and funding.
Our people
We look for people who share our values and our investment philosophy. People who can help us discover new opportunities and develop potential to deliver results and ultimately generate value for future generations.