4subsea Company Profile: Acquisition & Investors

4subsea Overview

Founded
2007

Status
Acquired/Merged

Employees
62

Latest Deal Type
M&A

Latest Deal Amount
$20.1M

4subsea General Information

Description

Provider of technology and services designed to maintain production from subsea oil and gas fields. The company's services offer technical services and software related to flexible pipes, umbilicals and ancillaries that includes design, manufacture, installation and in-service inspection on riser and wellhead systems, enabling clients to increase their extraction quantity.

Contact Information

Website

www.4subsea.com

Ownership Status

Acquired/Merged
(Operating Subsidiary)

Financing Status

Formerly VC-backed

Primary Industry

Other Commercial Services

Other Industries

Business/Productivity Software

Parent Company

Subsea 7

Primary Office

Hagaløkkveien 26
1383 Asker
Norway

+47 66 00 00 00

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4subsea Valuation & Funding

Deal Type	Date	Amount	Post-Val	Status	Stage
3. Merger/Acquisition	02-Oct-2019	$20.1M	000.00	Completed	Generating Revenue
2. Grant	03-Jul-2015			Completed	Generating Revenue
1. Later Stage VC	07-Jul-2014			Completed	Generating Revenue

To view 4subsea’s complete valuation and funding history, request access »

4subsea Comparisons

Description

Primary
Industry

HQ Location

Employees

Total Raised

Post Valuation

Last Financing Details

Provider of technology and services designed to maintain production from subsea oil and gas fields. The company's servic

Other Commercial Services

Asker, Norway

62 As of 2017

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Westhill, United Kingdom

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4subsea Competitors (1)

Company Name	Financing Status	Location	Employees	Total Raised	Last Financing Date/Type	Last Financing Amount
0000000 0000000000	Private Equity-Backed	Westhill, United Kingdom	000	000.00	00000000	000.00

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4subsea Patents

12
Total Documents Applications and Grants
000
Total Patents Families
1
Granted
2
Pending
000
Expiring in next 12 mo

4subsea Recent Patent Activity

Publication ID	Patent Title	Status	First Filing Date	Technology (CPC)	Citations
EP-3853562-A1	Flooded member detection by means of ultrasound	Pending	20-Sep-2018	000000000
AU-2019344488-A1	Flooded member detection by means of ultrasound	Pending	20-Sep-2018	000000000
US-20210356432-A1	Flooded member detection by means of ultrasound	Pending	20-Sep-2018	000000000
EP-3394383-A4	Portable arrangement for automatical annulus testing	Pending	21-Dec-2015	000000000	0
EP-3394383-A1	Portable arrangement for automatical annulus testing	Pending	21-Dec-2015	G01F22/02

To view 4subsea’s complete patent history, request access »

4subsea Executive Team (12)

Name	Title	Board Seat	Contact Info
Peter Jenkins	Chief Executive Officer
Hakon Thaulow	Chief Financial Officer
Øystein Kanestrøm	Executive Vice President, Flexible Pipes
Bente Solbakken	Executive Vice President, Human Resources and Administration
Ignacio Marré	Executive Vice President, Operations

You’re viewing 5 of 12 executive team members. Get the full list »

4subsea Board Members (8)

Name	Representing	Role
Erik Hagen	Viking Venture	Board Member
Harald Holden	4subsea	Board Member
Joar Welde	Viking Venture	Chairman
Knut Sandven	Self	Board Member
Stine Vethe	4subsea	Board Member