WellConnection Group, a leading Norwegian inspection, maintenance and repair (IMR) company has acquired Peterhead-based Independent Oilfield Services (IOS) in a deal which marks their entrance into the UK market. WellConnection Group with bases in Stavanger, Mongstad and Hammerfest in Norway have made a strategic investment in IOS, which
How do you attract capital? More importantly, how do you attract the right capital for successful growth? EV PE Investment Director Espen Strøm has eight key questions you should consider if you want to successfully secure the best growth capital investor for your business. How
EV Private Equity backed Halfwave, which has developed innovative and cost-effective in-line inspection technology for the oil and gas pipelines, has been awarded two new inspections by Woodside Energy in Australia. The awards have been made as part of a Master Services Agreement (MSA). Woodside is an early
Oil exploration and production (E&P) firms that are trying to reduce the number of suppliers they deal with are taking a “schizophrenic” approach to business, a Norwegian investment expert said. Operators can be blinded by the apparent financial and time-saving benefits of only having to speak
Bluware, a global leader in high-performance Platform-as-a-Service computing innovation, is pleased to announce a round of funding led by EV Private Equity (EV). The transaction also includes contributions from Shell Ventures, while EV’s Senior Partner Per Arne Jensen joins the team as Chairman of the
Aquaterra Energy, an offshore engineering solutions provider, has been selected by Equinor to deliver early well construction operations, using its Well Start solution, on the Johan Sverdrup field, offshore Norway. Aquaterra said on Tuesday that Equinor required a comprehensive solution for pre-drilling operations and a subsequent
Technology business secures investment for global growth Fresh investment of $5m+ underpins growth strategy and technology development New management team focused on delivering value for customers Early success with significant Middle East NOC contract An Aberdeen-headquartered casing and completion technology business has secured new investment from
Oil & Gas technology and information services leader SageRider, Inc. has joined the Madison Energy vertical of Madison Industries. Founded in 2008, SageRider serves its customers from offices throughout the USA, Argentina, and Colombia. SageRider specializes in subsurface surveillance technology, complete with pressure/temperature sensor systems, fiber
Abrado announced that it has completed the first well in a multi-well P&A campaign for an independent GOM operator, using its proprietary Medusa expandable casing section-milling technology. Work on the multi-well campaign for the GOM operator began in January 2018. The scope of work included dual-string casing-section milling
Enpro Subsea has secured investment from EV Private Equity (EV) to grow its production optimisation business into new and existing international markets and further develop the range of production optimisation and intervention technologies. The Aberdeen-headquartered subsea company has grown its product portfolio and client base rapidly