Norse Cutting & Abandonment Overview

  • Founded
  • 1999
Founded
  • Status
  • Acquired/​Merged
  • Latest Deal Type
  • M&A
  • Financing Rounds
  • 3
  • Investments
  • 2

Norse Cutting & Abandonment General Information

Description

Provider of oilfield services to the oil and gas industry. The company provides plug and abandonment services, decommissioning/cutting services, onsite machining on abandoned wells, platform removal projects, testing and inspection services, drilling services, rental equipment and well slot recovery projects. The company also offers mooring products and services. The Group operates world wide out of bases in Stavanger, Houston and Aberdeen.

Contact Information

Ownership Status
Acquired/Merged
Financing Status
Formerly PE-Backed
Primary Industry
Other Energy Services
Primary Office
  • Hamrasletta 11
  • 4056 Tananger
  • Norway
+47 51 00 00 00
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Norse Cutting & Abandonment Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Norse Cutting & Abandonment Patents

Norse Cutting & Abandonment Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
EP-2513414-A1 Method and device for closing a well Withdrawn 17-Dec-2009 000000000
AU-2010330957-A1 Method and device for closing a well Abandoned 17-Dec-2009 000000000
US-20120279706-A1 Method and device for closing a well Abandoned 17-Dec-2009 000000000 0
US-20120305251-A1 Method and device for closing a well in the ground Abandoned 10-Nov-2009 0000000000 0
AU-2010318780-A1 Method and device for closing a well in the ground Abandoned 10-Nov-2009 E21B43/114
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Norse Cutting & Abandonment Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Norse Cutting & Abandonment Investments (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
00000000 0000 03-Apr-2008 0000000000 Other Energy Services 0000 0000
IOS InterMoor 23-Apr-2007 Buyout/LBO Other Equipment
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Norse Cutting & Abandonment Subsidiaries (1)

Company Name Industry Location Founded
00000000 000000 00 Other Energy Services Belle Chasse, LA 0000
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Norse Cutting & Abandonment Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
000 000000000 23-Apr-2007 0000000000 Completed
  • 3 buyers
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