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Halibut farmer Q1 harvest up 10% on last year

The premium white fish farmer Nordic Halibut has reported a marked increase in its 2026 first quarter harvest.

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Nordic Halibut farm

The output between January and March was 269 metric tons, up from 228 tons in Q1 last year.

 

This, says the company, represents a 10% increase in volume compared to the same period in 2025. Biomass increased by 0.6% in Q1 2026 from the previous quarter.

 

The sales revenue for Q1 2026 amounted to NOK 47.7 million (£3.7m) , based on a total sales volume of 251 tonnes, consisting of 236 tons fresh fish (HOG) and 15 tons of frozen halibut.

 

Nordic, also known as NOHAL, adds: “Including harvested biomass, total sea-based production for the quarter reflects a 10% growth in biomass. Construction of the Tingvoll facility progressed as planned during Q1 2026.

 

“The facility remains on track to become fully operational by 2027 and will play a key role in supporting the Company’s scale-up strategy, aiming for an annual production of 10,350 tonnes by 2031.”

 

The complete report for Q1 2026 will be published on 28 May.

Gunnar Brekstad Nordic Halibut
Gunnar Brekstad

Meanwhile, heating group PTG FrioNordica has been awarded a contract to supply heat pump solutions to Nordic Halibut’s new land-based halibut facility in Torjulvågen.

 

The facility is part of the company’s commitment to bringing together multiple production phases at one location, and will help increase capacity towards a target of up to 10,350 tons of halibut annually.

 

The delivery consists of two industrial heat pumps based on ammonia as a refrigerant, developed for both cooling and heating process water.

 

The system includes heat pumps for cooling and heating, heat exchangers for recovering energy from process water, as well as circulation and process pumps with frequency control and PLC-based (programmable logic controller) control.

 

Nordic Halibut’s Gunnar Brekstad said: “We are committed to selecting solutions that ensure stable operations and efficient energy use in our facilities. Our collaboration with PTG FrioNordica has worked well over many years, and we look forward to implementing these solutions in our new facility in Torjulvågen.”

Torjulvagen project Nordic Halibut web
Torjulvågen project (graphic: Nordic Halibut)
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