Best Oil & Gas Tech Companies in Norway
The 123 best Oil & Gas Tech companies in Norway in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Cognite.
Norway's Oil & Gas Tech sector has a funding story worth reading carefully. Across 123 tracked companies, total disclosed funding reaches $376M, with Cognite alone accounting for $225M of that pool. That's not a rounding error. It means one company has pulled in roughly 60% of all capital in this directory, which tells you something real about where investor conviction has concentrated. DeepWell follows at $46M, Electromagnetic Geoservices at $30M, and Verdande Technology at $14M. Equinor, ProVenture, and Investinor are the names showing up most consistently on cap tables, and Norway's single unicorn here confirms the sector can scale, even if most players are still early.
So what does the rest of the field look like? Reelwell has raised $8M, eDrilling just $1M, and the spread between those figures and Cognite's haul is vast. I'd call it a barbell market: one heavily capitalized leader, a thin middle tier, and a long tail of underfunded specialists. If you're trying to find the best Oil & Gas Tech companies in Norway ranked by disclosed equity funding and recent momentum, this directory is built exactly for that. The funding concentration is a feature, not a flaw. It shows you where the market's already placed its bets.
Ranked: Best Oil & Gas Tech companies in Norway
| # | Company | Revenue | Disclosed funding | Last round | Employees | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Interwell Provider of well construction and maintenance solutions for the energy sector | $292M FY2024 | — | 188 mo ago | 646 | 1992 | Craft CMSApple iCloud MailMicrosoft 365+17 | 366 patents Wellbore sealing and pressure control technologies for permanent downhole barriers | — |
| 2 | Cognite 🦄 Provider of industrial artificial intelligence and data management platform solutions | $83M FY2022 | $225M | 52 mo ago | 623 | 2016 | SanityTurbopackNode.js+35 | — | — |
| 3 | Enhanced Drilling Technology solutions for drilling industry | $45M FY2022 | — | 252 mo ago | 81 | 1987 | HubSpot CMS HubFacebook LoginLinkedin Sign-in+22 | 121 patents Subsea drilling riser and annular pressure management systems for well control | 1 launch |
| 4 | DeepWell Well intervention company primarily providing wireline services to oil companies | $36M FY2018 | $46M | 149 mo ago | 163 | 2004 | — | 5 patents Subsea cutting tools for fluid-filled cavities in offshore well intervention | — |
| 5 | Sekal Software solutions for drilling in oil & gas industry | $24M FY2022 | $4M | 158 mo ago | 80 80 → 91 (+14%) | 2011 | WordPressMySQLPHP+18 | — | — |
| 6 | E Plug Well technology products | $13M FY2021 | — | 150 mo ago | 36 36 → 56 (+56%) | 2008 | HubSpot CMS HubLazySizescore-js+16 | 2 patents Design and configuration of test plugs for electrical connector testing | — |
| 7 | InflowControl Developing autonomous inflow control device technology to increase oil recovery | $10M FY2023 | — | 153 mo ago | 58 | 2011 | Mono.netMatomo AnalyticsMicrosoft Clarity+16 | 89 patents Hydraulic flow control devices for marine and industrial fluid handling systems | 1 launch |
| 8 | Fishbones Multilateral Stimulation Technology to improve oil recovery | $9M FY2022 | — | 102 mo ago | 10 | 2009 | WixSentryBootstrap+10 | 34 patents Directional drilling tools for creating lateral boreholes in subsurface rock formations. | — |
| 9 | SubseaPartner Inspection, maintenance & repair services for the oil & gas industry | $8M FY2022 | — | 120 mo ago | 75 75 → 45 (-40%) | 2013 | WordPressMySQLPHP+17 | — | — |
| 10 | CoreMarine Software solution for offshore oil and gas industries | $6M FY2023 | $407K | 69 mo ago | 11 | 2016 | WagtailSentryTypeScript+18 | — | — |
| 11 | Eldor Technology solutions provider for the oil & gas industry | $5M FY2021 | — | 83 mo ago | 24 | 2014 | — | — | — |
| 12 | Aptomar Integrated Field Monitoring sensors, systems and services for the oil and gas industry | $3M FY2016 | $6M | 146 mo ago | 9 | 2005 | — | 11 patents Integrated marine search and detection systems combining sonar and visual searchlights | — |
| 13 | Reelwell Developer of wired drill pipe technology for land and offshore use | $2M FY2024 | $8M | 15 mo ago | 14 14 → 34 (+143%) | 2004 | WixSentryBootstrap+7 | 226 patents Integrated insulated electrical conductors within well tubing for geothermal and oil/gas applications | — |
| 14 | CannSeal Annular isolation technology for enhanced oil recovery | $1M FY2017 | $2M | 115 mo ago | 15 | 2008 | — | 13 patents Annular barrier formation and fluid injection tools for wellbore remediation | — |
| 15 | Mera Hydraulic asset management solutions for oil & gas and shipping industry | $1M FY2021 | $2M | 188 mo ago | — | 2008 | — | 14 patents Hydraulic fluid treatment and real-time condition monitoring for hydraulic system performance | — |
| 16 | Scale Protection Scale monitoring and management solutions | $1M FY2021 | $3M | 113 mo ago | 10 | 2010 | — | — | — |
| 17 | Oliasoft Provider of well planning solutions | $786K FY2018 | $4M | 79 mo ago | 39 39 → 60 (+54%) | 2015 | SalesforceVimeoTailwind CSS+21 | — | 1 internship · 2 launchs · 1 partnership |
| 18 | Ecotone Provider of hardware and software underwater hyperspectral imaging solution | $653K FY2022 | — | 156 mo ago | 8 | 2010 | — | 26 patents Marine hyperspectral imaging systems for seabed and fish environmental monitoring | — |
| 19 | RagnaRock Geo AI-based sesimic data analytics software | $574K FY2021 | $217K | 81 mo ago | 4 | 2018 | — | — | — |
| 20 | Hammertech Provider of technology solutions to manage water production in oil wells | $435K FY2022 | $865K | 198 mo ago | 12 12 → 24 (+100%) | 2009 | — | 20 patents Measuring water/ conductive content in multiphase fluid streams using sensors. | — |
| 21 | Sentech Provider of electrode capacitance probe solution for leak detection and fluid level monitoring | $231K FY2021 | — | 192 mo ago | 9 | 1995 | — | 12 patents High‑voltage feed‑throughs and high‑temperature capacitive sensors for dielectric fluid analysis | — |
| 22 | Target Intervention Real-time coiled tubing tool solutions | $140K FY2021 | — | 135 mo ago | 12 | 2011 | — | 38 patents Downhole valve and tube‑wire anchoring systems for oil and gas well operations | — |
| 23 | 2K Tool Mud handling products for the drilling industry | $85K FY2016 | $4M | 182 mo ago | 3 | 2006 | — | — | — |
| 24 | Electromagnetic Geoservices 3D electromagnetic data provider for offshore oil and gas exploration | — | $30M | 191 mo ago | 16 | 2002 | WordPressMySQLPHP+10 | 186 patents Marine electromagnetic surveying systems and low‑noise electric field sensors for hydrocarbon exploration | — |
| 25 | Verdande Technology Provider of real-time drilling decision support for oil and gas industry | — | $14M | 164 mo ago | 51 | 2004 | — | 24 patents AI-driven real-time monitoring and analytics for drilling operations in oil and gas. | — |
| 26 | eDrilling Developer of 3D simulation-based well-drilling simulator software | — | $1M | 43 mo ago | 23 | 2008 | — | — | — |
| 27 | Sorbwater Technology Provider of flocculation based technology solutions for oil-water separation | — | $9M | 108 mo ago | 3 | 2007 | — | 49 patents Multiphase fluid separation and continuous liquid pollutant removal technologies | — |
| 28 | Prediktor Offering IoT solutions for industries to increase efficiency, sustainability and operational scalability | — | $3M | 82 mo ago | 40 | 1995 | — | — | — |
| 29 | FutureOn Provider of a cloud-based digital twin software solution for oilfield asset management | — | $1M | 68 mo ago | 13 | 2016 | Craft CMSApple iCloud MailMicrosoft 365+23 | — | 2 partnerships |
| 30 | ExproSoft Data driven performance analytics provider for the oil & gas industry | — | $4M | 192 mo ago | 20 | 2000 | — | — | — |
| 31 | Visavi Software solutions provider for the oil & gas industry | — | $2M | 88 mo ago | 38 | 2014 | — | — | — |
| 32 | Setred 3D displays and related software solutions | — | $3M | 196 mo ago | 1 | 2004 | — | 49 patents High‑speed shutter and bandwidth/ rendering enhancements for autostereoscopic 3D displays | — |
| 33 | Robotic Drilling Systems Floor-mounted robotic drilling system for commercial application | — | $3M | 145 mo ago | 27 | 2005 | — | 57 patents Robotic pipe handling and safety gripping systems for drilling tubular strings | — |
Top 12 Oil & Gas Tech companies in Norway
#1
Series A · Stavanger, Rogaland · founded 2004 · 14 employees$8.4Mraised▾
Developer of wired drill pipe technology for land and offshore use. The company focuses on digital telemetry, power delivery, and reliability in downhole drilling. Their technology aims to improve efficiency and reduce well construction costs. The company’s drill pipe has undergone testing to ensure reliability.
- Mar 2025Series A$3.8M
- Oct 2022Grant (prize money)$1.1M
- Jun 2022Series A—
- Apr 2010Series A$8.4M
#2
Cognite 🦄Acquired · Lysaker, Akershus · founded 2016 · 623 employees$225Mraised▾
Provider of industrial artificial intelligence and data management platform solutions. The platform unifies and contextualizes industrial data, enabling users to automate complex operations. It offers tools for data onboarding, exploration, and pre-built applications for various workflows. The platform is designed to scale digital transformation across different assets and sites. It empowers teams to enrich operations with trustworthy data.
- Feb 2022Series B—
- May 2021Series B$150M
- Oct 2020Series A$75M
#3
Acquired · Kopervik, Rogaland · founded 2004 · 163 employees$46.2Mraised▾
DeepWell is a Norway-based well intervention company primarily providing wireline services to oil companies. The company provides integrated operations support centre for well interventions. All parameters from the wireline operations are monitored, and the information is sent back in real-time and recorded for further use.
- Dec 2013Series B$46.2M
#4
Public · Trondheim, Trondelag · founded 2002 · 16 employees$30Mraised▾
3D electromagnetic data provider for offshore oil and gas exploration. It uses a data analysis tool called Inversion - which can perform depth-conversion & geo-model testing. Also offers EMU - for the simulation of electromagnetic surveying & assessment of technical results. Also, provides data insights such as portfolio polarization, hydrocarbon level, well placement location, and exploration decision-making.
- Jun 2010Series A$30M
#5
Series B · Trondheim, Trondelag · founded 2004 · 51 employees$14.4Mraised▾
Verdande Technology formerly Volve AS develops products and services for the re-use of knowledge. The company's core technology is based on the principle of case based reasoning (CBR) an artificial intelligence system that identifies and prevents drilling problems. The technology is used for a wide range of applications.
- Oct 2012Series B$8M
- Sep 2011Series B—
- Aug 2010Series A$6.4M
#6
Funding Raised · Stavanger, Rogaland · founded 2008 · 23 employees$1Mraised▾
Developer of 3D simulation-based well-drilling simulator software. It develops a digital twin platform for drilling. Provides advanced dynamic drilling models and diagnosis technology in a virtual wellbore and provides modules for planning & design, scenario development, training, operations, and analysis under well planner, well, wellhead, and well-balancer.
- Nov 2022Grant (prize money)$1M
#7
Series A · Bergen, Vestland · founded 2007 · 3 employees$8.9Mraised▾
Sorbwater provides flocculation based technology solutions for water and wastewater purification to oil & gas industries. The company has developed a flocculent filter media Sorbfloc which attaches oil droplets to itself. The company's patented separation device Sorbsep is a compact flotation unit which separates hydrocarbons from water. Its patent-pending product Sorbpol polishes hydrocarbons from oily water.
- Jun 2017Series A$5.1M
- Apr 2010Series A$3.8M
#8
Seed · Oslo, Oslo · founded 2015 · 39 employees$4.1Mraised▾
Oliasoft provides well-planning solutions for oil & gas companies. It enables autonomous well-planning through experimental research, cloud technology, and open APIs. It provides solutions for trajectory design, triaxial casing design, tubing design, and blowout.
- Nov 2019Seed$4.1M
#9
Acquired · Trondheim, Trondelag · founded 2005 · 9 employees$6Mraised▾
Aptomar is a provider of Integrated Field Monitoring sensors, systems and services for the oil and gas industry. The company's field monitoring services include marine surveillance and oil spill detection systems.
- Apr 2014Series A—
- Apr 2010Series A$6M
#10
Acquired · Fredrikstad, Viken · founded 1995 · 40 employees$2.8Mraised▾
Offering IoT solutions for industries to increase efficiency, sustainability and operational scalability. Its software provides full visibility into the operation in real-time. Its solutions include PView, an asset management platform, Visual Insight, a real-time, cross-vendor data conversion dashboard, Synaptics, to standardises industrial data sources, and Edge, for secure and safe data collection and processing. It provides solutions for renewable energy and oil & gas industries.
#11
Acquired · Oslo, Oslo · founded 2016 · 13 employees$1.2Mraised▾
FutureOn provides a cloud-based digital twin platform for asset management and data visualization of upstream companies. Offers FieldAp, which is a Field Activity Planner that can be used for asset 3D visualization, field layout modelling, metadata storage, easy switch between 2D &3D layouts, project dashboarding, operations planning, and interfacing with the back-end system. Also provides FieldTwin, which a digital offshore asset representation solution with real-time data capturing capabilities which can be used for prediction, equipment monitoring, maintenance, well-production & other well operations. The digital field twin can be integrated with IoT devices, sensors & robotic tools for real-time monitoring of equipment status, well-flow rates, production values, vessel locations & field engineering.
- Oct 2020Seed—
- Aug 2020Grant (prize money)$1.1M
- Nov 2019Grant (prize money)$55K
- Aug 2019Grant (prize money)$55.1K
#12
Deadpooled · Narvik, Nordland · founded 2006 · 3 employees$4.5Mraised▾
2K Tools is a Norwegian company focused on developing products for oil and gas drilling industry. The company has developed and patented the Drill String Internal Wiper System (DSIWS). The system cleans the drill string as it is retracted from the borehole which eliminates the spillage of drilling mud on the deck. The company also develops casing wipers and workover wipers.
- Apr 2011Series A$4.5M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Oil & Gas Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Oil & Gas Digital is moving in Norway
A read on the academic research around Oil & Gas Digital — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 832 Norway-affiliated papers.
- Norwegian University of Science and Technology150
- University of Stavanger143
- Equinor118
- University of Bergen110
- SINTEF89
- Porous medium1→5
- Saturation (graph theory)4→5
- Permeability (electromagnetism)3→4
- Benchmark (surveying)1→10
- Inflow4→12
- Proxy (statistics)1→9
- Hydrogeology2→7
- Displacement (psychology)2→6
- Water injection (oil production)2→5
- Porous medium1→4
- Aquifer1→4
- Brine2→4
- Supercritical fluid2→4
Where oil gas digital is researched across Norway
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.