EV Private Equity

EV Private Equity, established in 2002 and headquartered in Stavanger, Norway, is a private equity firm focusing on sustainable investments in the energy and technology sectors. With additional offices in Aberdeen and Houston, the firm targets medium-sized technology businesses across the United States, United Kingdom, Norway, and Canada. EV Private Equity has a proven track record, having engaged in over 4,000 deals, made thirty-seven investments, and successfully exited eighteen companies. Currently, the firm manages four funds with a total committed capital of $775 million, leveraging the extensive industry experience and networks of its professionals to identify and nurture impactful investment opportunities.

Shantanu Agarwal

Partner

Matt Anstead

Senior Partner

Matthew J. Anstead

Senior Partner

Pelle Bildtsen

CFO

Andrew Boland

Operating Partner

Kaivan Forouzesh

Associate

Einar Gamman

Senior Partner

Gregory Herrera

Senior Partner

Greg Herrera

Senior Partner

Kjell E. Jacobsen

Executive Chairman

Rune Jensen

Senior Partner

Per Arne Jensen

Senior Partner

Karem Kobayashi

Senior Associate

Rajat Maheshwari

Investment Manager

Jebb Peria

Associate

Espen Strøm

Senior Partner

Helge Tveit

Managing Partner

Past deals in Oilfield Services

Enhanced Drilling

Acquisition in 2019
Enhanced Drilling is provides drilling solutions. It offers EC-Drill managed pressure drilling system; Riserless Mud Recovery system, a risk-reduction tool; managed pressure cementing system that provides precise control of the pressure and flow of returning cement; cuttings transportation system that is used in the offshore market; CannSeal, a proprietary annular isolation technology for enhanced oil recovery for zonal isolation and well integrity applications, as well as to support to plug and abandonment, and P&A activities.

Ashmin, LC

Private Equity Round in 2017
They develop reliable, innovative Downhole Drilling and Workover Tools for the oil and gas industry. Their projects include multi-year R&D programs, design and sustaining engineering, licensing and patenting, manufacturing, testing, product verification, tool sales, and repair and maintenance. They give their customers a unique edge second to none while maintaining strict confidentiality.

Reach Production Solutions

Venture Round in 2013
Reach Production Solutions delivers long-lasting production enhancement to multiphase wells. It specializes in multiphase wells, it has found a solution to costly good interventions when it comes to artificial lift or fact hit fluid recovery. Reach installs on the surface – meaning it’s quick, easy, and even more effective than traditional artificial lift techniques. It was founded in 2010 and headquartered in Houston, Texas.

DeepFlex Inc

Venture Round in 2013
DeepFlex, Inc., a Houston-based manufacturer of all-composite flexible pipe used in subsea oil and gas production environments.

Abrado Wellbore Services

Venture Round in 2013
Abrado Wellbore Services specializes in creating the optimum wellbore environment through the implementation of innovative downhole.

Energy Drilling

Venture Round in 2012
Energy Drilling Pte Ltd, established in 2012 and based in Singapore, specializes in constructing and operating self-erecting tender assist drilling rigs for the offshore drilling market. The company is dedicated to providing high-quality service to oil and gas operators by leveraging the expertise of its highly skilled team, which has successfully managed the delivery of over ten new tender drilling rigs. Energy Drilling has played a significant role in developing specifications, overseeing construction, and operating tender rigs for major oil companies. Additionally, the company is committed to enhancing the efficiency and safety of tender-assisted drilling operations through innovative solutions, while also focusing on minimizing environmental impact and maximizing operational uptime for its clients.

2TD

Venture Round in 2012
2TD Drilling AS aims to become a leading supplier of advanced drilling tools for the oil and gas market.

Reach Production Solutions

Venture Round in 2011
Reach Production Solutions delivers long-lasting production enhancement to multiphase wells. It specializes in multiphase wells, it has found a solution to costly good interventions when it comes to artificial lift or fact hit fluid recovery. Reach installs on the surface – meaning it’s quick, easy, and even more effective than traditional artificial lift techniques. It was founded in 2010 and headquartered in Houston, Texas.

Deep Casing Tools

Funding Round in 2008
Deep Casing Tools (formerly Futuretec) is managed by a team of seasoned industry professionals with more than 200 years of Oil and Gas experience between them. Deep Casing Tools’ products are designed by engineers, for engineers. They combine innovative design with precision engineering to develop and manufacture a suite of game-changing technology which enables oilfield engineers to land first time at target depth in the increasingly demanding wellbore conditions faced by today’s industry professionals.

Norse Cutting & Abandonment

Venture Round in 2005
Norse Cutting & Abandonment offers oilfield services to firms in the oil and gas industries. The company’s product portfolio consists of subsea and surface. Subsea consists of drilling, completion, installation, production, and decommissioning. Surface consists of inspection, maintenance, repair, asset integrity, and data solutions. Furthermore, it provides entertainment systems, naval, marine, and space systems services to its clients. Norse Cutting & Abandonment was founded in 1999.

Sense EDM

Venture Round in 2005
Sense EDM manufactures and distributes a range of rigs and tubular handling systems for firms in the oil and gas industries. It was founded in 2000.

SeaBird Exploration PLC

Venture Round in 2003
SeaBird Exploration provides seismic services for the international oil and gas industry. The SeaBird Exploration group has played an active role in the seismic market since 1996 and is one of the largest provider of 2D, Source and Shallow water 2D/3D seismic services in the industry. Their independent position enables us to offer a full range of services to oil and seismic companies world wide. SeaBird Exploration’s main goals are customer satisfaction with commitment to quality, health, safety, environment, and service which are assured by compliance to Their QHSE program.