Current investments

OmniWare AS

Based in Kristiansund, Norway.

OmniWare AS (formerly LYNX Technologies AS) is a leading software developer for Contract Management and Health, Safety & Environment software. Company's primary customer groups are Oil & Gas companies with additional customers in the mining industry, hospitals, utility companies and government agencies.

Norse Cutting & Abandoment AS

Based in Tananger, Norway.

Norse Cutting & Abandonment AS (NCA) provides equipment and services withing Plug and Abandonment, Decommissioning/ Cutting Services and Onsite machining.

Exited investments

Caltec Ltd.

Based in Bedfordshire, United Kingdom.

Caltec Ltd. delivers high value production boosting and separation technology to the oil and gas industry. Caltec's products enables customers to make maximum use of existing energy available.

Caltec was sold to Petrofac Ltd. in September 2008.

Advanced Production and Loading AS

Based in Arendal, Norway.

Advanced Production and Loading (APL) is a market leader in the development, fabrication and sale of advanced systems for the offshore production, specialising in storage and transport of oil and gas by ships.

APL was listed on the Oslo Stock Exchange in March 2005.

SeaBed Geophysical AS

Based in Trondheim, Norway.

SeaBed Geophysical AS is a service company that specializes in seabed seismic. The company can provide all aspects of seabed seismic; feasibility studies and pre-survey planning, data acquisition, on site QC, data processing and interpretation.

SeaBed Geophysical was sold to SeaBird Exploration in May 2006.

Sense Intellifield AS

Based in Kongsberg, Norway.

Sense Intellifield is an innovative supplier of e-field technologies. Sense's technology enables oil and gas companies to realize substantial cost savings and productivity improvements.

Sense Intellifield was sold to Kongsberg Maritime in December 2006.

Sense EDM AS

Based in Kristiansand, Norway.

Sense EDM AS is a supplier of intelligent rigs, innovative tubular handling systems and control systems to the international oil & gas industry.

Sense EDM was sold to TTS Marine ASA in April 2007.

MTEM Ltd.

Based in Aberdeen, United Kingdom.

MTEM offers a novel approach to EM surveying to determine the existence and extent of hydrocarbons in both land and marine reservoirs - a new technology for the use of upstream oil & gas companies in their attempt to increase predictability of hydrocarbon finds and in reducing drilling costs.

MTEM was sold to Petroleum Geo-Services ASA (OSE, NYSE: PGS) in June 2007.