Investinor

Founded in 2008, Investinor is a Norwegian venture capital firm that invests in high-potential companies based in Norway. It focuses on companies in the early growth to expansion phases within sectors such as internet, software, semiconductors, energy, cleantech, marine, and life sciences.

Maja Aursand Andersen

Senior Associate

Johan Bøe Bjørkevoll

Investor

Pal Breiland

Investor

Terje Eidesmo Ph.D

CEO

Rannveig Fadum

Investor

Past deals in Oilfield Services

Well Conveyor

Venture Round in 2018
Well Conveyor AS is a downhole engineering company based in Bryne, Norway, established in 2015. The company specializes in the development of battery-powered slimhole conveyors designed for small horizontal wells. Its innovative conveyor system is optimized for electric operation, featuring an efficient electro-mechanical design that allows for extended tracking distances. This technology enables oil and gas companies to service wells that previously could not be accessed with traditional tractor systems. Well Conveyor aims to enhance operational efficiency in the oil services sector through its advanced engineering solutions.

Scale Protection

Venture Round in 2017
Scale Protection AS is a Norwegian company headquartered in Harstad, established in 2010. It specializes in scale management solutions for oil and gas wells, aiming to prevent scale deposition that can hinder production efficiency. The company offers a range of products and services, including scale monitoring through advanced technologies such as scanning electron microscopy and downhole monitoring tools. Additionally, Scale Protection provides squeeze placement, modeling, and advisory services to enhance well management. By focusing on cost-effective, non-chemical methods for scale prevention, Scale Protection aims to improve operational performance for its clients in the energy sector.

Ace Oil Tools

Venture Round in 2015
Ace Oil Tools AS is a Norway-based company, established in 2012, that specializes in providing stop collars and anchoring solutions for downhole applications in the energy sector. The company focuses on the development of tools designed to securely lock additional downhole components onto various tubes, ensuring effective installation and reliable anchoring of equipment. Ace Oil Tools' product line includes stop collars for elevators and ratchet collars, aimed at protecting control lines and enhancing operational efficiency in the energy industry.

Ziebel AS

Venture Round in 2014
Ziebel AS, founded in 2006 and headquartered in Tananger, Norway, specializes in well intervention services for the global oil and gas industry. The company is known for its innovative Z-System technology, which incorporates a fiber optic composite rod to enable real-time access and visualization of well bores. This technology facilitates various applications, such as Distributed Temperature Sensing (DTS) for leak detection and water ingress identification, as well as Distributed Acoustic Sensing (DAS) for monitoring fluid movement and identifying flow patterns. Ziebel's offerings include the Z-Rod and Z-Line systems, designed to deliver quality data through safe deployment in producing or injecting wells. Additionally, Ziebel maintains a collaborative platform, Z-Community, to provide employees and partners with access to resources and training. The company also has an office in Houston, United States, reinforcing its presence in the international market.

Zilift

Venture Round in 2012
Zilift Limited is an oil and gas technology company based in Aberdeen, United Kingdom, with an additional location in Bakersfield, California. Founded in 2009, Zilift specializes in developing and marketing advanced magnet technologies for artificial lift applications. The company offers two primary product lines: TorqueDrive and SpeedDrive. TorqueDrive is an integrated downhole drivetrain system designed for progressing cavity pumps, improving performance and flexibility in wellbore placement while eliminating common failures associated with conventional top drive systems. SpeedDrive, on the other hand, is an innovative electrical submersible pump (ESP) that stands out as the world's only 2⁵⁄₈″ diameter ESP, enabling deployment via cable or wireline. This technology allows for effective interventions in slim bore and restricted access applications, significantly reducing lifting costs and expanding deployment options for clients. Zilift's compact, high-efficiency designs leverage permanent magnet materials to enhance power density and operational versatility in challenging environments.

Pinovo

Venture Round in 2011
Pinovo is an international provider of innovative and patented technology focused on the treatment, maintenance, and inspection of industrial surfaces. The company specializes in enclosed sandblasting systems that offer a dust-free alternative to traditional methods, characterized by low noise emissions and superior surface quality. Pinovo's solutions are utilized across a variety of industries, including pipelines, offshore installations, marine vessels, and equipment. By employing their advanced grit blasting technology, businesses can minimize health risks for operators, mitigate environmental impact through zero spills, and achieve cost efficiencies in maintenance and surface preparation.

Zilift

Venture Round in 2011
Zilift Limited is an oil and gas technology company based in Aberdeen, United Kingdom, with an additional location in Bakersfield, California. Founded in 2009, Zilift specializes in developing and marketing advanced magnet technologies for artificial lift applications. The company offers two primary product lines: TorqueDrive and SpeedDrive. TorqueDrive is an integrated downhole drivetrain system designed for progressing cavity pumps, improving performance and flexibility in wellbore placement while eliminating common failures associated with conventional top drive systems. SpeedDrive, on the other hand, is an innovative electrical submersible pump (ESP) that stands out as the world's only 2⁵⁄₈″ diameter ESP, enabling deployment via cable or wireline. This technology allows for effective interventions in slim bore and restricted access applications, significantly reducing lifting costs and expanding deployment options for clients. Zilift's compact, high-efficiency designs leverage permanent magnet materials to enhance power density and operational versatility in challenging environments.

GasSecure

Venture Round in 2011
GasSecure is a company that specializes in developing and manufacturing wireless infrared hydrocarbon gas detectors for industrial applications, particularly in the oil and gas sector. Founded in 2008 by Knut Sandven and Hakon Sagberg, the company focuses on MEMS-based low-power gas detection technology and safe wireless communication solutions. GasSecure's products are designed for use in various environments, including offshore platforms, onshore terminals, tank farms, and gas processing and petrochemical plants. In March 2015, the company was acquired by Drager USA, enhancing its capabilities in providing innovative safety solutions in hazardous industrial settings.

ExproSoft

Venture Round in 2010
ExproSoft AS is a software and consultancy firm specializing in well performance analytics for the upstream oil and gas sector. Founded in 2000 and headquartered in Trondheim, Norway, with additional offices in Stavanger and Houston, the company offers a range of products designed to enhance well integrity and operational safety. Its offerings include a well integrity management system, software for analyzing well completion equipment reliability, and a cloud-based production performance simulation tool. ExproSoft also provides databases focused on subsea production systems and blowout preventers, alongside risk and reliability studies, technology qualification, and customized software development services. By equipping oil and gas operators with insights into equipment failures and risks, ExproSoft aims to improve well uptime, reduce intervention costs, and increase production throughout the wells' life cycles.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.