HitecVision is Europe’s leading private equity investor focused on the upstream offshore oil and gas industry. HitecVision is headquartered in Stavanger, the center of the Norwegian oil and gas industry. Since 1994, the firm has invested in, acquired or established more than 150 companies (including add-on acquisitions).
HitecVision provides capital and competence to growth companies in the oil and gas sector in Europe and North America. The firm invests across the entire upstream oil and gas sector, including all segments of the oilfield services and technology sector as well as exploration and production companies.
The investment team’s extensive operational and investment experience from the oil and gas industry enables HitecVision to create value by partnering with entrepreneurial managers to build profitable and sustainable companies.
Recoverable resources are between an estimated 8 and 23 million barrels of oil equivalent, Equinor and partners say.
The company placed recoverable oil resources at between an estimated 31 to 50 million barrels.
Private-equity firm Kerogen Capital has sold Zennor Petroleum to HitecVision and its British unit NEO Energy for about $625 million.…
The sale of U.K. North Sea upstream assets on Feb. 24 helps the U.S. oil major free up capital for projects elsewhere, says Exxon…
HitecVision Expands North Sea Portfolio Further with $625 Million Acquisition
Exxon Mobil Sells UK North Sea Assets in Deal Worth over $1 Billion
Exxon Mobil To Sell Norway Upstream Operations To Vår Energi For $4.5 Billion
Total To Divest UK North Sea Oil Fields In $635 Million Sale