EV Private Equity

WellConnection Group is the leading company within inspection, maintenance and repair services (IMR) for drilling and subsea equipment on the Norwegian Continental Shelf. The group have strategic locations in Stavanger (Tananger and Hundvåg), Mongstad and Kristiansund with substantial production facilities and machinery, and delivers on the clients’ demand for efficient, best in class, one stop IMR services covering the whole of the NCS within the Subsea and Drilling segments.

FourPhase is a company that specializes in designing and developing desander technology for the oil and gas industry, focusing on the effective management of produced solids. Established in 2012 and based in Os, Norway, FourPhase offers a range of products, including single and double desanders, choke manifolds, valve skids, and pressure test units. These solutions are designed to enhance oil and gas production by efficiently removing sand and sediments from wells. FourPhase’s technology employs patented cyclone systems that are applicable in various contexts, including oil and gas well operations, well intervention, and zero flaring initiatives. The company's innovative approach aims to improve operational efficiency while reducing costs per barrel, thereby extending the life of oil and gas wells and increasing recovery rates.

Ziebel AS, founded in 2006 and headquartered in Tananger, Norway, specializes in well intervention services for the global oil and gas industry. The company offers innovative technologies, particularly the Z-System, which utilizes a fiber optic composite rod to enable real-time access and visualization of well bores. Ziebel's technology supports various applications, including Distributed Temperature Sensing (DTS) for leak detection and integrity monitoring, as well as Distributed Acoustic Sensing (DAS) for fluid movement visualization and flow pattern recognition. Its solutions, such as the Z-Rod and Z-Line, are designed for safe deployment into producing or injecting wells, providing operators with critical data to enhance production efficiency and safety. Ziebel also maintains a web platform, Z-Community, to facilitate resource sharing and training for its employees and partners worldwide.

Add Energy Group is an oil service company headquartered in Stavanger, Norway, offering a range of consultancy and engineering services tailored for the oil and gas industry across multiple regions, including Europe, Asia Pacific, North America, and the Middle East. The company operates through three main segments: Integrity Assurance, Well Management, and Risk & Well Engineering. The Integrity Assurance segment specializes in well control response, emergency planning, and asset integrity services, utilizing proprietary software and simulations. Well Management focuses on project management for well operations, while the Risk & Well Engineering segment covers subsurface and completion engineering, drilling safety, and crisis management. With a strong commitment to quality and client relationships, Add Energy Group has established itself as a trusted service provider, supported by a comprehensive client base and numerous Master Service Agreements developed over its decades of operation since its founding in 1986.

Cubility AS is a Norwegian company focused on transforming drilling operations in the energy sector through its innovative MudCube system. This technology replaces traditional shakers with a fully enclosed unit designed for improved waste management, enhancing well control and safety while minimizing environmental risks. Recognized as Proven Technology by Statoil in 2012, the MudCube utilizes vacuum and conveyor belt principles to eliminate oil mist emissions and reduce noise levels, significantly improving the working environment for operators. The system has been deployed at various drilling sites, including the North Sea and the U.S. Marcellus shale play, with its first commercial installation occurring on the Mærsk Giant in 2012. By streamlining solids control equipment into a single integrated solution, Cubility not only aims to lower operational costs and carbon emissions but also to effectively address the challenges associated with waste in the oil and gas, construction, and aquaculture markets.

Ziebel AS, founded in 2006 and headquartered in Tananger, Norway, specializes in well intervention services for the global oil and gas industry. The company offers innovative technologies, particularly the Z-System, which utilizes a fiber optic composite rod to enable real-time access and visualization of well bores. Ziebel's technology supports various applications, including Distributed Temperature Sensing (DTS) for leak detection and integrity monitoring, as well as Distributed Acoustic Sensing (DAS) for fluid movement visualization and flow pattern recognition. Its solutions, such as the Z-Rod and Z-Line, are designed for safe deployment into producing or injecting wells, providing operators with critical data to enhance production efficiency and safety. Ziebel also maintains a web platform, Z-Community, to facilitate resource sharing and training for its employees and partners worldwide.