Our history

1981

Luster Mekaniske Industri AS was established in 1981 by ÅSV and VVS Stord, and started with
12-15 jobs. The main product was to be prefabricated pipes for use in the offshore industry.

1994

The company was acquired by the Bergen shipyard Mjellem & Karlsen AS.

1997

New owners in 1997: West Industri Service AS (47%), DSND Subsea AS (34%), Luster Kommune/Luster Sparebank (7%) and LMI Ansattes aksjestiftelse (12%).

DSND Subsea AS established Luster Fabrication Base in 1997. DSND Subsea AS was acquired by Subsea 7, which continued to operate the base until 2007.

2009

Change of ownership in December 2009 when Framo Engineering AS became the new main shareholder (79.5%).

2012

On January 1, 2012, Framo Engineering AS became 100% owner of LMI AS.

2013

Framo Engineering AS was acquired and on July 1, 2013 the company OneSubsea was established.

2016

OneSubsea was integrated into Schlumberger Company
on April 1, 2016.