HitecVision

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.

Wellpartner is a nationally recognized provider of pharmacy distribution solutions for health plans, Medicaid programs, and safety net organizations throughout the country. Dedicated to lowering the cost of medications, we offer innovative approaches that improve pharmacy care for individuals through the use of retail contract pharmacy services. We are the largest independent provider of contract pharmacy program services in the nation.

Aquamarine Subsea is an international service company providing asset integrity, management, and life cycle service solutions to riser and subsea equipment owners in the drilling, work-over and production markets.

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

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.

Teresoft is a supplier of drilling and well performance solutions. The company offers solutions for planning, training, optimization, and control of drilling operations; and solutions for drilling and crane simulation and training.

CapeOmega is an oil and gas company focused on maximizing value from mature producing fields by investing in remaining resources. Additionally, it operates within the energy infrastructure sector, contributing to the European energy transition. The company facilitates the transmission of gases to European markets and supports the implementation of emission reduction technologies. CapeOmega also plays a role in CO2 transportation to offshore permanent storage sites, enabling clients to transition towards low carbon-emitting energy procurement with a low-risk, infrastructure-like yield.

Energy Drilling builds and manages self-erecting tender assist drilling rigs to deliver the best-in-class service to oil and gas operators. Energy Drilling's highly skilled & experienced team has previously managed and delivered over 10 new tender drilling rigs. It has developed specifications, managed construction and operated tender rigs for various major oil companies. Furthermore, it has also introduced innovative solutions to advance the efficiency and safety of tender assisted drilling operations.

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 that focuses on the United Kingdom North Sea.

Suretank is an engineering solutions provider and offers: - bespoke Containerized Modular solutions for the Industrial, IT & Data Centre industries; - bespoke engineered solutions for the Processing Industry i.e. Agri-Food, Industrial, Bio-Pharma & Pharmaceutical industries; - design/manufacture of DNV 2.7-1/2/3 certified products for Oil & Gas industry.

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 offers construction and engineering services. The company operates in three divisions: manufacturing, maintenance and modification, and civil divisions. It offers engineering, project management, inspection, documentation, robot welding, machining, stainless steel fabrication, and prefabrication services.

Global Maritime is a marine, offshore and engineering consultancy that specializes in marine warranty, dynamic positioning and engineering services, for the oil and gas, offshore renewables, fish farming and traditional shipping industries.

Aluminium Offshore is a pioneer in the design and production of aluminium alloy structures. The company offer a complete design, supply and assemble package to customers who are looking to upgrade traditional steel and concrete designs to a lighter and corrosion resistant metal.

Atlantica Tender Drilling designs, fabricates and operates safe and efficient tender drilling units.

Tampnet operates the largest offshore high capacity communication network in the world in the North Sea and the GoM – serving more than 350 Oil & Gas Platforms, FPSOs, and Exploration Rigs. Tampnet’s vision is to become a global leader in providing high capacity, low latency and reliable connectivity to offshore installations, mobile rigs, and vessels. Tampnet’s mission is to add value to our customers through connecting offshore assets to robust and reliable terrestrial network with high capacity and low latency.

AgilityGroup is a full-service engineering, procurement and construction company situated in 13 different locations in Norway.

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.

Spring Energy Norway is explores, extracts, develops, and produces oil and gas products in Norway.

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.

AXON Energy Products is an oil and energy company that offers pressure, well control, and flow control products. The company's goal is to deliver the products and services that are needed in a reliable, responsive, and professional manner. It provides the expertise and responsive delivery demanded in this industry. The team is a group of well-established and seasoned industry veterans who are committed to clients and partners. AXON Energy Products was founded on 2009 and is based in Houston, Texas.

Teknisk Bureau is a technical turnkey contractor and service provider within the fields of pipes, ventilation, telecom, automation, energy consulting, maritime electrical, and electrical. The company takes individual assignments and bigger framework agreements inside the service market. The assignments vary from check of electrical installations in homes to start-up, maintenance, and internal control of bigger facilities. It guarantees customer satisfaction by ensuring that products and services always meet the requirements and expectations and are delivered at the agreed time and price. Teknisk Bureau is based in Norway.

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 manufactures cryogenic valves for industrial 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.

Noble Denton is an independent, market-leading firm of consultants offering an integrated range of marine and engineering consultancy.

Technor ASA is a privately held company that provides industrial machinery.

BlueNord is a publicly owned company with focus on the oil, gas and offshore industry.

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.