HitecVision

NEO is focused on combining value creation from the prospective North Sea basin with high Environmental, Social, and Governance standards. It has a high-quality, sustainable asset base with significant scope to grow production organically, by extending the life of its assets, to achieve production of 120,000.

Sval Energi, founded in 2019, is an energy company focused on establishing a diverse asset base. The firm holds interests in significant infrastructure, including the Polarled pipeline and Gassled, the world's largest offshore gas transmission system. Sval Energi is involved in the exploration and development of oil and gas reserves and also owns a wind park project in Finland. The company aims to address the growing demand for clean energy while recognizing the importance of reducing the industry's carbon footprint. Through its gas processing and transportation services, Sval Energi supports energy distribution by maintaining and enhancing infrastructure, enabling efficient gas transport for its clients.

Vår Energi is a next generation oil and gas operator on the NCS. Vår Energi's core business is to maximize value through safe and responsible exploration, development and production of hydrocarbons. Vår Energi was established in 2018 in Rogaland, Norway.

Kvaerner is an international knowledge-based company. Kvaerner has decades of experience as an EPC contractor. Kvaerner is headquartered in Oslo, Norway, and has offices and fabrication facilities in several of the world’s main oil and gas regions. The Kvaerner brand is associated with some of the world’s most advanced technologies, providing our customers with maximum oil and gas production. At Kvaerner, their focus is on the fundamentals. Concern for health, safety, security and environment (HSSE) is essential for our activities. They see cost control and efficiency as key to successful project execution. At the same time, they know that quality and schedule have to be managed to achieve their ultimate goal: that every project is delivered predictably. Kvaerner delivers complete oil and gas offshore platforms and onshore process plants to operators and other customers. They specialise in executing engineering, procurement and construction (EPC) projects and are recognised as a world leader in delivering projects in challenging environments, with strict budget frames and within demanding schedules. Customers recognise Kvaerner as an expert in delivering cost-efficient project execution and effective oil and gas production facilities. Kvaerner has an organisation of 2 800 employees with expertise and experience covering all phases of a project’s life cycle. We also have the ability to call on a workforce of skilled personnel from strategic partners, subcontractors and suppliers, with whom we have well established relationships. Kvaerner has a long track record of enabling oil companies to realise some of the world’s most demanding and amazing projects. In doing so, they strive to add value to their customers and shareholders, as well as to the nations and local societies in which they operate. The companies brought together to create Kvaerner were established in the first half of the 19th century, during the Industrial Revolution. These companies delivered products such as steam engines for rail and marine use and a range of industrial ironworks. Over the next 100 years, the businesses grew significantly. In the mid1900s, both Kvaerner and Aker were international corporations with activities in shipbuilding, hydro power, wood processing and other process operations, mechanical workshops and other industries. Through the 1970s, 80s and 90s, they developed their capabilities and experience as suppliers of complete solutions to offshore and onshore oil and gas and processing projects. They each grew – organically and through international acquisitions – to be leaders in their markets. In March 2002, the former Kvaerner group and the Aker Maritime group (comprising the oil and gas activities of the wider Aker group) were merged, and started to operate as one company under the name Kvaerner. In 2004, following a restructuring of both Aker and Kvaerner, Aker Kvaerner was established and the parent company of this group – Aker Kvaerner – was listed on the Oslo Stock Exchange. Four years later, Aker Kvaerner changed its name to Aker Solutions. In December 2010, Aker Solutions announced a decision to cultivate its core businesses. Kvaerner was established, through a demerger, as a specialised EPC (engineering, procurement and construction) company addressing the global market. On 6 May 2011, the shareholders' annual general meeting approved the establishing of Kvaerner as a separate company.

NSSI is an investment platform that has been established to acquire shares in selected oil service companies.

NSSI is an investment platform that has been established to acquire shares in selected oil service companies.

Aquamarine Subsea AS is an international service company based in Stavanger, Norway, with additional offices in Jørpeland, Vestby, and Houston, Texas. It specializes in providing material technology solutions and asset integrity services to the oil and gas drilling and subsea sectors. The company offers a wide range of services, including thermal coating, welding solutions, and fabrication, repair, and maintenance for various drilling equipment and pressure control systems. Additionally, Aquamarine Subsea provides engineering services such as mechanical and hydraulic system design, third-party inspection, and product research and development. Its product offerings include BOP-stack frame systems, well capping systems, and various tools for drill pipe handling and testing. By focusing on asset management and life cycle service solutions, the company serves rig owners, operators, and original equipment manufacturers in the global drilling and subsea markets. Aquamarine Subsea was incorporated in 2013.

Reef Subsea is a privately held company that provides specialist subsea services to offshore oil and gas and telecommunication industries.

DeepWell is a well intervention company based near Haugesund, Norway, specializing in wireline services for the oil industry. The company focuses on providing real-time information to enhance safety and efficiency during well operations. Its services include mechanical wireline, equipment rental, testing and training, as well as maintenance and engineering support. By offering these services, DeepWell aims to help oil companies improve productivity and reduce operational costs.

Flux Group is a provider of products and services across the flow and fluid control sector of the oil and gas industry. Through acquisitions and organic development, Flux Group has established attractive positions in selected market niches. The company has ambitions for expanding its footprint in addition to secure further growth within its present segments.

CapeOmega is an oil and gas company focused on maximizing value from mature producing fields by investing in remaining resources. The company operates within the energy infrastructure sector, supporting the European energy transition. It facilitates the transmission of gases to European markets and develops emission reduction technologies. Additionally, CapeOmega is involved in the transportation of carbon dioxide to offshore permanent storage sites. Through these initiatives, the company helps clients transition to low-carbon energy solutions while maintaining a low-risk infrastructure-like yield.

Offshore Merchant Partners is an independent specialty finance company providing financing solutions to the global oil & gas related offshore asset markets.

Oyster Petroleum Limited is an oil and gas exploration and production company based in Horsham, United Kingdom, with a primary focus on the North Sea. Established in 2013, the company is dedicated to exploring new oil reserves in this region. As of October 28, 2016, Oyster Petroleum operates as a subsidiary of Independent Oil & Gas Plc.

Suretank Group is an engineering solutions provider specializing in bespoke containerized and modular solutions for various industries, including oil and gas, IT, data centers, and processing sectors such as agri-food and pharmaceuticals. The company designs and manufactures certified products for safe transport and storage of liquids like chemicals, waste, and aviation fuel, as well as equipment and materials such as drill pipe and casings. By focusing on tailored engineering solutions, Suretank aims to meet the specific needs of its clients while ensuring compliance with industry standards.

Deep Sea Mooring AS supplies mooring rental equipment, pre-lay mooring solutions, and ancillary services to E&P companies.

Verus Petroleum is an independent UK oil and gas company. It is a production and development company focused on the UKCS with a strong commercial, operational and technical track record and ambitious growth plans in the region.

Momek Group is a construction and engineering services provider that operates through three main divisions: manufacturing, maintenance and modification, and civil. The company specializes in delivering a range of services, including engineering, project management, inspection, and documentation. It also offers advanced capabilities such as robot welding, machining, stainless steel fabrication, and prefabrication. Momek Group primarily serves industries such as oil and gas, mining, and processing, focusing on the maintenance and modification of machined parts and steel constructions.

Atlantica Tender Drilling Ltd. is a company based in Houston, Texas, that specializes in providing management and contract drilling services for oil and gas wells in the offshore tender assist market. Founded in 2007, the company focuses on designing, fabricating, and operating tender drilling units that are safe and efficient. Through its well-designed vessels and high-quality equipment packages, Atlantica Tender Drilling delivers cost-effective solutions for the offshore drilling market while prioritizing personnel safety. The company, formerly known as BassDrill Ltd., rebranded in July 2013, reflecting its commitment to innovation and excellence in offshore oilfield services.

Havfram specializes in providing installation services for marine and subsea operations, primarily serving the oil and gas and offshore wind industries. The company supports the transition of energy production from traditional offshore oil and gas to renewable sources by offering comprehensive engineering, procurement, construction, and installation services. This enables clients to develop and implement facilities tailored to their specific operational requirements in both sectors.

Tampnet operates the world's largest offshore high-capacity communication network, primarily in the North Sea and the Gulf of Mexico, catering to over 350 oil and gas platforms, floating production storage and offloading units (FPSOs), and exploration rigs. The company specializes in providing high-speed, low-latency, and reliable data connectivity through a robust infrastructure that includes fiber optic cables, 4G base stations, and microwave links. By connecting offshore assets to a resilient terrestrial network, Tampnet aims to enhance the quality, health, safety, efficiency, and welfare of its customers' offshore operations. The company envisions becoming a global leader in delivering reliable communication solutions for offshore installations, mobile rigs, and vessels.

Agility is a manufacturing company focused on subsea manifolds and structures tailored for the offshore market. It provides a range of services, including the production of drilling and well intervention units, marine vessels, and fabrication services. Additionally, Agility offers maintenance and modification services to support its products and clients in the demanding offshore environment. With a presence in 13 locations across Norway, the company is equipped to deliver comprehensive engineering, procurement, and construction solutions, enhancing its capability to meet the needs of the maritime and energy sectors.

Emtunga Solutions AB is a supplier of advanced steel modular facilities to the Oil & Gas industry.

Stream AS, together with its subsidiaries, supplies various products, solutions, and services in the field of valves, piping, electrical, and instrumentation for the oil and gas industries in Norway and Germany. The company supplies pneumatic and hydraulic systems, control units, valves, tube and pipe fittings, pipes, flanges, courses, mechanical connections, and spring suspension products; and provides instrumentation and monitoring, repair and maintenance, injection and sampling, and inspection services. It also offers materials, instruments, and equipment for chemical, petrochemical, pharmaceutical, and power industry. The company is headquartered in Tananger, Norway. Stream AS operates as a subsidiary of Bokn Invest AS.

HPD is an independent market provider of advanced engineering services, software solutions and integration systems to the drilling and well industry world wide.

Ross Offshore offers project management and consultancy to the upstream oil and gas industry. It also offers seasoned personnel with up-to-date technical skills and in-depth knowledge in their fields.

Poseidon Group AS specializes in providing marinization, engineering, and technical consulting services tailored for the oil and gas industry. The company focuses on subsea marinization, offering expertise in adapting equipment and technology for underwater environments. Through its engineering and consulting services, Poseidon Group aims to support clients in optimizing their operations and ensuring the reliability and efficiency of subsea projects.

Apply is a multidiscipline engineering company providing services to the oil and gas industry. It supplies studies, engineering and project management services within the Maintenance & Modification area, Operation support, and EPCI projects. Apply specializes in contracts across all project phases, from concept development and studies to completion and commissioning focusing its activities on upgrading the performance of oil and gas facilities in operation offshore and onshore. Apply was founded in 1979.

Bennex is one of the leading suppliers of subsea distribution (hydraulic and electrical) systems, fiber optic, electromagnetic and seismic applications. Poseidon is a subsea engineering and consulting company capable of marinizing existing Siemens equipment and technology to subsea environment, such as subsea control systems, transformers, switchgears, electric motors automation and compressors along with other complementary elements such like cameras and subsea electric valve actuators.

Valco Group is a manufacturer that specializes in the design, production, and maintenance of custom industrial valves and related products. The company focuses on creating cryogenic valves and complex globe, gate, and check valves, primarily serving the oil and gas sector, power generation, and various industrial markets. Valco Group's products are engineered to perform effectively in extreme environmental conditions, ensuring reliability and safety in critical applications.

Aarbakke is a supplier of precision manufacturing services to the oil and gas industry. It handles entire customer projects from start to end, including manufacturing, engineering, machining, clad welding, assembly, testing, and documentation.

BlueNord ASA is a publicly owned company that operates in the oil and gas sector, with a strategic focus on the Danish North Sea. The company holds a 36.8 percent non-operated interest in the Danish Underground Consortium, emphasizing the development and production of resources that facilitate the energy transition towards Net Zero. BlueNord is dedicated to implementing solutions that enhance the long-term viability of oil and gas as integral components of the energy mix while simultaneously working to reduce greenhouse gas emissions on the Danish Continental Shelf.

In 2001 Anton Ziolkowski, Bruce Hobbs and David Wright of the University of Edinburgh invented a new electromagnetic method to detect sub-sea and underground hydrocarbons. In 2003 they founded MTEM Ltd. to develop the technology and provide land and marine surveys to oil companies. In November 2004 MTEM Ltd. was launched from the University of Edinburgh with £7.4M of funding from three equal investors: HitecVision, Energy Ventures, and Scottish Equity Partners. MTEM Ltd. developed and built systems to perform land and marine transient electromagnetic surveys that can identify hydrocarbons before drilling, thus reducing the risk of drilling “dry” wells and saving millions of dollars per well. In June 2007 Petroleum Geo-Services (PGS) bought MTEM Ltd. for $275M. The University of Edinburgh’s share of the sale was £8.6M, of which £2.6M funded 164 PhD studentships. PGS continues to develop the technology.