HitecVision

Aneo is an independent energy transition group based in Trondheim, Norway, focused on renewable energy development. Established in 2022, the company operates the second-largest onshore wind farm in Norway and manages a significant portfolio of hydropower facilities. Aneo is involved in several downstream electrification projects, contributing to an overall electricity production capacity of approximately 1.3 TWh, while overseeing a total of 6 TWh. With a workforce of over 260 employees, Aneo aims to become a leader in Nordic onshore renewable energy by 2030. The company is dedicated to acquiring and developing energy production and efficiency initiatives, positioning itself as a key player in the transition to sustainable energy solutions.

Hafslund Celsio, based in Oslo, is the largest district heating company in Norway, employing approximately 200 people. The company provides heating solutions to over 200,000 residents, focusing on renewable thermal energy production and effective heating and cooling operations. Hafslund Celsio is committed to supporting Norway's climate goals by reducing greenhouse gas emissions. A key initiative in this effort is the carbon capture project at the Klemetsrud waste incineration facility, which has the capacity to capture 400,000 tonnes of CO2 annually. Through its operations, Hafslund Celsio aims to significantly contribute to the decarbonization of Oslo and enhance the sustainability of energy services in the region.

Vårgrønn is a European company specializing in developing, constructing, operating, and owning offshore wind energy projects. Its primary focus is on the Nordic markets, with an ambition to achieve an installed and sanctioned capacity of 5 gigawatts by 2030. The company's portfolio includes both standalone offshore wind farms and green energy projects linked to offshore oil and gas installations in the North Sea. Vårgrønn aims to facilitate financing for these sustainable energy initiatives.

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.

Hav Energy is a Norway-based energy infrastructure company that focuses on developing and investing in sustainable energy solutions. Established by HitecVision, Hav Energy aims to become a preferred partner for European energy and utility companies by creating essential infrastructure, including regulated pipelines, ports, production facilities, power infrastructure, and carbon capture and storage systems. The company utilizes its extensive knowledge of laws, operations, and assets to design customized financial structures that enhance cash flow and project economics for its clients. By offering industrial and financial exposure to sustainable energy infrastructure services, Hav Energy seeks to establish itself as a leader in the energy transformation landscape.

NEO Energy is an energy exploration and production company focused on the North Sea basin. The company aims to create value while adhering to high Environmental, Social, and Governance standards. NEO Energy possesses a sustainable asset base with significant potential for organic growth, particularly through the extension of its existing assets. The company specializes in the appraisal, development, and production of energy resources, with a goal of achieving a production level of 120,000. Additionally, NEO Energy is positioned to acquire other companies within the same industry to enhance its operations and market presence.

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 company based in Oslo, Norway, specializing in engineering, procurement, and construction (EPC) services for the oil and gas industry. With decades of experience, Kvaerner is recognized as a leader in delivering complete offshore platforms and onshore process plants, particularly in challenging environments with strict budgets and timelines. The company emphasizes health, safety, security, and environmental considerations in all its operations, while also prioritizing cost control and efficiency to ensure predictable project delivery. Kvaerner's workforce consists of around 2,800 skilled employees, supported by strategic partnerships with subcontractors and suppliers. The company has a rich history, having evolved from businesses established during the Industrial Revolution, and underwent significant transformations, including a merger with Aker Maritime in 2002 and a subsequent demerger in 2010, which solidified its position as a specialized EPC contractor in the global market. Through its projects, Kvaerner aims to add value to its clients and contribute positively to local communities.

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.

Wellpartner is a prominent provider of pharmacy distribution solutions that serves health plans, Medicaid programs, and safety net organizations across the United States. The company specializes in managing 340B program services, focusing on innovative strategies that enhance pharmacy care while reducing medication costs. As the largest independent provider of contract pharmacy program services in the country, Wellpartner offers a range of services, including specialty pharmacy solutions and compliance support, aimed at maximizing the value of healthcare resources. By optimizing contract arrangements and ensuring access to specialty networks, Wellpartner helps healthcare organizations effectively serve more eligible patients and improve the overall quality of pharmacy care.

Aquamarine Subsea AS is an international service company based in Stavanger, Norway, with additional offices in Jørpeland, Vestby, and Houston, Texas. Established in 2013, the company specializes in providing material technology solutions and asset integrity services to the oil and gas drilling and subsea sectors. Its offerings include thermal coating, welding solutions, inspection, repair, and maintenance services for various equipment, such as blowout preventers, risers, and drilling tools. Aquamarine Subsea also delivers engineering services, including mechanical and hydraulic system design, finite element analysis, and product research and development. The company is dedicated to ensuring the integrity and operational efficiency of riser and subsea equipment, catering to the needs of rig owners, operators, and original equipment manufacturers in the global market.

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 outside 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 service offerings include mechanical wireline, equipment rental, testing and training, as well as maintenance and engineering solutions. By enabling oil companies to increase productivity and reduce operational costs, DeepWell plays a crucial role in optimizing well performance.

Flux Group is a provider of flow and fluid control products and services specifically tailored for the oil and gas industry. The company offers a wide range of products, including valves, hoses, couplings, and measurement instruments, while also delivering instrumentation, measurement, and analysis services to its clients. Through a combination of strategic acquisitions and organic growth, Flux Group has carved out significant positions in selected market niches and aims to expand its footprint and enhance growth within its existing segments.

WellPartner is a service company that delivers technical expertise, equipment, and services within subsea drilling, completion, and well intervention operations. The company's pharmacy distribution services are finely tuned towards achieving the best results for healthcare organizations through URAC-accredited specialty pharmacy services, ensuring program compliance, and aligning specialty network access.

Teresoft specializes in providing drilling and well performance solutions for various sectors, including oil and gas, drilling, marine, and port companies. The company offers a comprehensive range of technology-based systems and services designed for the planning, training, optimization, and control of drilling operations. Additionally, Teresoft provides simulation and training solutions for drilling and crane operations. By focusing on these areas, the company aims to help clients reduce costs, enhance safety, and improve overall operational efficiency.

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.

Vryhof Anchors designs, manufactures, and supplies drag anchors and related mooring equipment for large floating structures and to the offshore energy industries, as well as for offshore civil applications. It offers anchors, tensioning equipment, and marine renewable energy products; anchor data acquisition systems that monitor and visualize the behavior of anchors during installation, and transmit the anchor’s orientation and load data during embedment until final penetration; and polyester mooring lines, chain, and steel wire ropes.

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

Energy Drilling specializes in the development, construction, and operation of self-erecting tender assist drilling rigs for the offshore drilling market. The company aims to provide exceptional service to oil and gas operators by maximizing uptime and ensuring safety performance. With a highly skilled team that has extensive experience in managing the delivery of new tender drilling rigs, Energy Drilling has successfully developed specifications and operated equipment for various major oil companies. The company is committed to advancing the efficiency and safety of tender assisted drilling operations through innovative solutions, while also focusing on the proactive management of environmental impacts.

Oyster Petroleum, established in 2013 and headquartered in Horsham, UK, is a subsidiary of Independent Oil & Gas Plc. It specialises in oil and gas exploration and production within the United Kingdom's North Sea region.

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 specializes in supplying mooring rental equipment, pre-lay mooring solutions, and ancillary services tailored for the upstream oil and gas industry. The company offers secure and innovative mooring services to rig owners, exploration and production companies, and drilling operators. Its high-quality mooring equipment and pre-lay mooring technology facilitate the safe and reliable positioning of mobile offshore units, ensuring optimal operational results. By providing comprehensive solutions, Deep Sea Mooring plays a critical role in enhancing the efficiency and safety of offshore activities.

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.

Global Maritime is a marine, offshore, and engineering consultancy based in Stavanger, Norway. The company specializes in various services, including marine warranty, dynamic positioning, and engineering solutions tailored to the oil and gas, offshore renewables, fish farming, and traditional shipping sectors. By combining innovation with practical experience, Global Maritime aims to deliver operational excellence and enhance safety across its diverse range of projects.

Aluminium Offshore is a leading company specializing in the design and production of aluminum alloy structures for the energy and infrastructure sectors. The firm provides a comprehensive suite of services, including design, supply, and assembly, aimed at clients interested in transitioning from traditional steel and concrete to lightweight, corrosion-resistant aluminum solutions. Their product offerings include helideck equipment, modular living quarters, mud mats, as well as handrail and walkway systems, ensuring a versatile approach to meeting the diverse needs of their customers.

Atlantica Tender Drilling Ltd. is a Houston-based company that specializes in providing management and contract drilling services for offshore oil and gas wells, focusing primarily on the tender assist market. Founded in 2007, the company designs, fabricates, and operates tender drilling units that are recognized for their safety and efficiency. Atlantica Tender Drilling aims to deliver cost-effective services through well-engineered vessels and a commitment to high-quality equipment and personnel safety. Formerly known as BassDrill Ltd., the company adopted its current name in July 2013 and continues to serve the global offshore oilfield services sector.

Havfram specializes in providing installation services for marine and subsea operations, primarily targeting the oil and gas sector as well as the offshore wind industry. The company offers a range of services that include engineering, procurement, construction, and installation, facilitating the transition from traditional energy production to renewable offshore energy sources. By focusing on the unique requirements of each client, Havfram aims to deliver tailored solutions that support the operational needs of both the oil and gas and offshore wind industries.

Tampnet operates the largest offshore high-capacity communication network globally, primarily serving the North Sea and the Gulf of Mexico. The company provides robust and reliable connectivity to over 350 oil and gas platforms, floating production storage and offloading units (FPSOs), and exploration rigs. Tampnet's infrastructure includes fiber optic cables, 4G base stations, and microwave links, facilitating high-speed and low-latency data transmission. By connecting offshore assets to a terrestrial network, Tampnet enhances the quality, health, safety, efficiency, and welfare of its customers' operations. The company's vision is to establish itself as a global leader in offshore connectivity, focusing on adding value through resilient communication solutions tailored for 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.

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.

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

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 based in Houston, Texas, founded in 2009. They specialize in providing pressure, well control, and flow control products to the industry. With a team of experienced industry veterans, the company is dedicated to delivering reliable, responsive, and professional services to clients and partners. AXON Energy Products aims to meet the demands of the industry by offering expertise and timely delivery of their products.

Poseidon Group AS specializes in providing marinization, engineering, and technical consulting solutions specifically for the oil and gas industry. The company focuses on subsea marinization services, offering expertise that supports various aspects of subsea operations. Through its range of services, Poseidon Group aims to enhance the efficiency and safety of underwater projects within the sector, leveraging its technical knowledge to address the unique challenges faced by clients in the oil and gas industry.

Teknisk Bureau is a technical turnkey contractor and service provider based in Norway, specializing in a range of engineering and technical services. The company operates within various sectors, including construction, industrial, energy, and maritime, offering expertise in pipes, ventilation, telecom, automation, and electrical systems. Teknisk Bureau undertakes both individual assignments and larger framework agreements, providing solutions that encompass the inspection, start-up, maintenance, and internal control of electrical installations and facilities. By prioritizing customer satisfaction, the company ensures that its products and services consistently meet established requirements and are delivered on time and within budget.

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.

Leirvik is an engineering, procurement, and construction contractor specializing in providing aluminium offshore living quarters to oil companies. Founded in 1946 and based in Stord, Norway, the company delivers EPC products based on a standardized project execution model, incorporating client specifications and regional regulations. Leirvik focuses on designing, manufacturing, and maintaining living quarters, helidecks, and accessories with a short lead time and predictable quality and cost, aiming to create lasting value for both customers and society.

Bennex is a prominent supplier of subsea technology, specializing in hydraulic and electrical systems, fiber optic, electromagnetic, and seismic applications. The company also provides subsea distribution systems and valves. Additionally, Bennex operates Poseidon, a subsea engineering and consulting division that focuses on adapting existing Siemens equipment and technology for subsea environments. This includes the development of subsea control systems, transformers, switchgears, electric motors, automation solutions, compressors, and various complementary components such as cameras and subsea electric valve actuators. Through its comprehensive offerings, Bennex serves a critical role in advancing subsea technology and infrastructure.

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

Moreld is an industrial company with a workforce of 3,200 employees, organized into six divisions. It holds a strong position in offshore industries and aims to expand its presence in future-focused customer segments by leveraging its existing competencies. Moreld is dedicated to becoming a leading sustainable industrial technology provider, emphasizing smart energy infrastructure, predictive maintenance, and operational automation. The company seeks to significantly increase its revenue from new segments, targeting a growth rate of 40% by 2026, particularly in offshore wind, aquaculture, and data centers. Its subsidiaries specialize in engineering, ocean services, life-cycle support, energy solutions, and technical assistance, providing clients with tailored and sustainable services across offshore energy, renewable energy, marine, aquaculture, and onshore markets.

Aarbakke is a provider of precision manufacturing services specifically designed for the oil and gas industry. The company specializes in offering turnkey mechanical solutions, managing entire customer projects from inception to completion. Its range of services includes manufacturing, engineering, machining, clad welding, assembly, testing, and quality control, along with comprehensive documentation. By delivering integrated solutions, Aarbakke enables clients to streamline their projects and enhance operational efficiency.

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.

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

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.

RigNet, Inc. is a provider of remote communications services tailored for the oil and gas industry, both in North America and globally. Established in 2000 and headquartered in Houston, Texas, the company utilizes a controlled and managed Internet protocol/multiprotocol label switching (IP/MPLS) global network to facilitate communication for drilling contractors, oil companies, and oilfield service providers. RigNet offers a comprehensive suite of services that includes voice-over-Internet-protocol, high-speed internet access, video conferencing, and real-time data management solutions. Additionally, the company provides value-added services such as WiFi hotspots, internet kiosks, and telemedicine capabilities. A notable offering is the Secure Oil Information Link, a members-only network that enables collaborative partners to share and transfer data securely. RigNet serves a diverse clientele, including offshore drilling rig operators and land-based facilities across approximately 30 countries, including the United States, Mexico, and several nations in the Middle East and Asia.