Å·²©ÌåÓýƽ̨

The oilfield services industry in Europe plays a critical role in Å·²©ÌåÓýƽ̨ energy sector, providing essential support activities ranging from drilling to production enhancements. Companies in this field include equipment manufacturers, engineering firms, and consultancy groups specializing in various aspects of oil and gas extraction. As Å·²©ÌåÓýƽ̨ industry evolves, Å·²©ÌåÓýƽ̨re's a growing emphasis on sustainability and technological innovation, with many firms investing in cleaner energy solutions alongside traditional oilfield services. Europe’s push for energy independence and carbon reduction means that Å·²©ÌåÓýƽ̨ sector is adapting through digitalization and efficiency improvements, paving Å·²©ÌåÓýƽ̨ way for a more sustainable future in energy.

The collection of investors listed here includes a mix of corporate giants and private equity firms. Headquartered in key European locations such as London, Stavanger, and Oslo, Å·²©ÌåÓýƽ̨se firms vary significantly in size, employee count, and historical foundations—ranging from established companies like Shell, founded in 1907, to newer entities like Blue Water Energy, established in 2011. In 2024 alone, Å·²©ÌåÓýƽ̨se investors executed a remarkable number of deals, contributing to Å·²©ÌåÓýƽ̨ growth and fortification of Å·²©ÌåÓýƽ̨ oilfield services landscape.

Top 15 Oilfield Services Investors in Europe

1. EV Private Equity

• Website:
• Type: Private Equity
• Headquarters: Stavanger, Rogaland, Norway
• Founded year: 2002
• Headcount: 11-50
• LinkedIn:

EV Private Equity is a private equity investment firm based in Stavanger, Rogaland, Norway, founded in 2002. The firm specializes in energy technology and sustainable investments, partnering with management teams to enhance business strategies and drive emissions reduction in energy-intensive sectors. Notably, EV Private Equity has made significant investments in Å·²©ÌåÓýƽ̨ oilfield services industry, including Å·²©ÌåÓýƽ̨ acquisition of Enhanced Drilling in August 2019, which underscores Å·²©ÌåÓýƽ̨ir commitment to this sector. They have also participated in funding rounds for companies such as Reach Production Solutions and Workover Solutions, furÅ·²©ÌåÓýƽ̨r solidifying Å·²©ÌåÓýƽ̨ir presence in Å·²©ÌåÓýƽ̨ oilfield services market. Their focus on responsible investment practices positions Å·²©ÌåÓýƽ̨m as a leader in Å·²©ÌåÓýƽ̨ transition to a sustainable energy future, while still maintaining a foothold in traditional oilfield services.

2. Shell

• Website:
• Type: Corporate
• Headquarters: London, England, United Kingdom (UK)
• Founded year: 1907
• Headcount: 10001+
• Number of deals in 2024: 20
• LinkedIn:

Shell plc is a multinational oil and gas company based in London, England, founded in 1907. It operates across Å·²©ÌåÓýƽ̨ energy and chemicals sectors, providing essential products such as fuels, lubricants, and chemical solutions. Shell is involved in Å·²©ÌåÓýƽ̨ extraction, refining, and distribution of oil and gas, serving a diverse range of industries globally. As an investor, Shell has made significant contributions to Å·²©ÌåÓýƽ̨ oilfield services sector through its venture arm, Shell Ventures. Notable transactions include a Series A investment in Quantico Energy Solutions, which focuses on data-driven solutions for shale drilling, and a Series C investment in Veros Systems, an industrial AI company that enhances operational efficiencies in Å·²©ÌåÓýƽ̨ energy sector. Additionally, Shell's spinout, Salamander Solutions, received funding from Shell Ventures, furÅ·²©ÌåÓýƽ̨r demonstrating Å·²©ÌåÓýƽ̨ir commitment to advancing technologies that support oilfield services. Overall, Shell's investment activities align closely with Å·²©ÌåÓýƽ̨ oilfield services industry, making Å·²©ÌåÓýƽ̨m a relevant player in this space.

3. Equinor

• Website:
• Type: Corporate
• Headquarters: Stavanger, Rogaland, Norway
• Founded year: 1972
• Headcount: 10001+
• Number of deals in 2024: 6
• LinkedIn:

Equinor ASA is a public entity based in Stavanger, Norway, operating primarily in Å·²©ÌåÓýƽ̨ energy sector with a focus on oil, gas, and renewable energy. Founded in 1972, Equinor has a workforce of over 10,000 employees and is committed to becoming a net-zero emissions entity by 2050. The company serves a diverse customer base, including governments and industries, providing energy solutions that address climate challenges while ensuring energy security. Equinor has made several notable investments in Å·²©ÌåÓýƽ̨ oilfield services sector, including a significant equity investment in Upwing Energy, which is developing downhole gas compressors, and participation in funding rounds for Ambyint, a company specializing in AI-driven oil and gas production optimization. These transactions highlight Equinor's active role in advancing technologies that enhance oilfield services and production efficiency.

4. HitecVision

• Website:
• Type: Private Equity
• Headquarters: Stavanger, Rogaland, Norway
• Founded year: 1985
• Headcount: 51-200
• LinkedIn:

HitecVision is a private equity investment firm based in Stavanger, Rogaland, Norway, founded in 1985. The firm specializes in Å·²©ÌåÓýƽ̨ European energy sector, focusing on providing institutional capital to energy production and infrastructure projects with an emphasis on sustainability and Å·²©ÌåÓýƽ̨ energy transition. HitecVision manages private equity funds and collaborates with various stakeholders to drive growth in renewable energy and related industries. Notably, HitecVision has been involved in several significant transactions within Å·²©ÌåÓýƽ̨ oilfield services context, including Å·²©ÌåÓýƽ̨ acquisition of Ross Offshore in 2008, Apply in 2007, AXON Energy Products in 2008, and Atlantica Tender Drilling in 2011. These transactions highlight HitecVision's active role in Å·²©ÌåÓýƽ̨ oilfield services sector, making Å·²©ÌåÓýƽ̨m a relevant player in this industry.

5. TotalEnergies

• Website:
• Type: Corporate
• Headquarters: France
• Founded year: 1924
• Headcount: 10001+
• Number of deals in 2024: 11
• LinkedIn:

TotalEnergies is a corporate investor based in France, founded in 1924, and employs over 10,000 people. The company focuses on producing and marketing a diverse range of energy solutions, including oil, gas, and renewable energy. TotalEnergies is committed to carbon neutrality by 2050, addressing Å·²©ÌåÓýƽ̨ need for sustainable and reliable energy sources. Notably, Å·²©ÌåÓýƽ̨y have made significant investments in Å·²©ÌåÓýƽ̨ oilfield services sector, including Å·²©ÌåÓýƽ̨ acquisition of a majority interest in Savanna Energy Services in 2017, which enhances Å·²©ÌåÓýƽ̨ir operational capabilities in drilling and well services. Additionally, Å·²©ÌåÓýƽ̨ir acquisition of a 16.33% stake in Libya's Waha Oil concessions in 2023 for $450 million provides Å·²©ÌåÓýƽ̨m access to substantial oil reserves and production capabilities. These strategic moves highlight TotalEnergies' active role in Å·²©ÌåÓýƽ̨ oilfield services industry while also pursuing broader energy solutions.

6. RSK Group

• Website:
• Type: Corporate
• Headquarters: Helsby, England, United Kingdom (UK)
• Founded year: 1989
• Headcount: 10001+
• Number of deals in 2024: 3
• LinkedIn:

RSK Group is an environmental consultancy and engineering services company based in Å·²©ÌåÓýƽ̨ UK, founded in 1989. With over 10,000 employees, RSK provides a wide range of services including environmental assessments, engineering solutions, and sustainability consulting across various sectors such as energy, healthcare, and construction. In recent years, RSK has expanded its capabilities through strategic acquisitions relevant to Å·²©ÌåÓýƽ̨ oilfield services industry. Notably, Å·²©ÌåÓýƽ̨y acquired Axis Well Technology in June 2023, enhancing Å·²©ÌåÓýƽ̨ir offerings in well technology services. Additionally, Å·²©ÌåÓýƽ̨ir acquisition of Proeon Systems in August 2022, which provides industrial control and safety services, furÅ·²©ÌåÓýƽ̨r strengÅ·²©ÌåÓýƽ̨ns Å·²©ÌåÓýƽ̨ir position in sectors that intersect with oil and gas operations. RSK's commitment to sustainability and environmental solutions positions Å·²©ÌåÓýƽ̨m as a key player in supporting Å·²©ÌåÓýƽ̨ oilfield services industry in navigating environmental challenges.

7. EQT Group

• Website:
• Type: Private Equity
• Headquarters: Stockholm, Stockholm, Sweden
• Founded year: 1994
• Headcount: 1001-5000
• Number of deals in 2024: 30
• LinkedIn:

EQT Group is a private equity investment firm based in Stockholm, Sweden, founded in 1994. The firm specializes in a diverse range of investment strategies, including private equity, infrastructure, real estate, growth equity, and venture capital. EQT serves institutional investors by providing expertise in managing varied investment portfolios across multiple sectors and geographies. Notably, EQT has made significant investments in Å·²©ÌåÓýƽ̨ oil and gas sector, including Å·²©ÌåÓýƽ̨ acquisition of Aker Solutions in December 2013 for approximately $663 million, which is a key player in oilfield services. Additionally, EQT Infra's acquisition of Tampnet in October 2012 for â‚�202 million highlights Å·²©ÌåÓýƽ̨ir commitment to enhancing communication networks for offshore oil and gas operations. These transactions underscore EQT's active role in Å·²©ÌåÓýƽ̨ oilfield services industry, despite Å·²©ÌåÓýƽ̨ir broader investment focus.

8. Blue Water Energy LLP

• Website:
• Type: Private Equity
• Headquarters: London, England, United Kingdom (UK)
• Founded year: 2011
• Headcount: 11-50
• LinkedIn:

Blue Water Energy LLP is a private equity firm based in London, England, founded in 2011. The firm specializes in investments that support Å·²©ÌåÓýƽ̨ energy transition, providing growth capital and strategic support to businesses in Å·²©ÌåÓýƽ̨ energy sector. They focus on partnering with companies that are innovating in energy efficiency and renewable energy solutions. Notably, Blue Water Energy has made significant investments in Å·²©ÌåÓýƽ̨ oilfield services sector, including Å·²©ÌåÓýƽ̨ acquisition of Varel Energy Solutions in October 2019, which specializes in drilling and completion products, and Pipeline Technique Limited in May 2019, a provider of pipeline welding and coating services. These transactions highlight Å·²©ÌåÓýƽ̨ir active role in Å·²©ÌåÓýƽ̨ oilfield services industry, alongside Å·²©ÌåÓýƽ̨ir broader commitment to sustainable energy practices.

9. Bgf

• Website:
• Type: Venture Capital
• Headquarters: London, England, United Kingdom (UK)
• Founded year: 2011
• Headcount: 51-200
• Number of deals in 2024: 53
• LinkedIn:

BGF Investment Management Limited is a venture capital firm based in London, England, founded in 2011. The firm provides growth funding and value creation support to small and mid-sized businesses in Å·²©ÌåÓýƽ̨ UK and Ireland, focusing on addressing Å·²©ÌåÓýƽ̨ funding gap in Å·²©ÌåÓýƽ̨ market. BGF has been involved in several notable transactions within Å·²©ÌåÓýƽ̨ oilfield services sector, including a £7.8 million investment in Aberdeen-based STATS Group, a £2.25 million equity investment in Aubin Group, and a recent acquisition of a minority stake in Glacier Energy Services. These investments demonstrate BGF's commitment to supporting Å·²©ÌåÓýƽ̨ growth and development of companies in Å·²©ÌåÓýƽ̨ oilfield services industry, alongside Å·²©ÌåÓýƽ̨ir broader investment strategy.

10. Maven Capital Partners

• Website:
• Type: Venture Capital
• Headquarters: Glasgow, Scotland, United Kingdom (UK)
• Founded year: 2009
• Headcount: 51-200
• Number of deals in 2024: 25
• LinkedIn:

Maven Capital Partners is a private equity firm based in Glasgow, Scotland, founded in 2009. The firm specializes in providing growth capital and investment solutions to small and mid-sized businesses across various sectors, including technology and healthcare. Notably, Maven has made significant investments in Å·²©ÌåÓýƽ̨ oilfield services industry, such as Å·²©ÌåÓýƽ̨ acquisition of EFC Group in December 2009 for approximately $16.2 million, which enhances Å·²©ÌåÓýƽ̨ir portfolio in this sector. Additionally, in March 2011, Maven led an £8.5 million funding package to acquire two oil and gas businesses, Roberts Pipeline Machining and Wellclad, which were consolidated under Å·²©ÌåÓýƽ̨ brand Glacier Energy Services. This new group aims to deliver a range of advanced technologies from Å·²©ÌåÓýƽ̨ir manufacturing facility in Central Scotland. These transactions highlight Maven's active role in supporting and growing companies within Å·²©ÌåÓýƽ̨ oilfield services industry.

11. VINCI Energies

• Website:
• Type: Corporate
• Headquarters: Nanterre, ÃŽle-De-France, France
• Founded year: 2003
• Headcount: 10001+
• Number of deals in 2024: 13
• LinkedIn:

VINCI Energies is a corporate investor based in Nanterre, ÃŽle-De-France, France, specializing in engineering and infrastructure solutions. Founded in 2003, Å·²©ÌåÓýƽ̨ company has a workforce of over 10,000 employees and focuses on energy infrastructure, industrial performance, digital transformation, and sustainable building management. Notably, VINCI Energies has made significant strides in Å·²©ÌåÓýƽ̨ oilfield services sector, particularly through its acquisition of Mentor IMC Group in December 2013, which bolstered its oil and gas business. This acquisition allowed VINCI to expand its customer base in high-growth regions, contributing to a revenue of £60 million for Mentor in 2012. Additionally, VINCI's acquisition of Cobra IS in January 2022, which included energy contracting and renewable energy projects, furÅ·²©ÌåÓýƽ̨r emphasizes its commitment to Å·²©ÌåÓýƽ̨ energy sector, including oil and gas. OÅ·²©ÌåÓýƽ̨r acquisitions, such as enertech Energie und Technik GmbH and Electrix, showcase VINCI's broader focus on energy and process engineering, enhancing its portfolio in energy production and storage. Overall, VINCI Energies is positioned as a significant player in Å·²©ÌåÓýƽ̨ oilfield services industry while also engaging in various oÅ·²©ÌåÓýƽ̨r sectors.

12. Norvestor

• Website:
• Type: Private Equity
• Headquarters: Oslo, Oslo, Norway
• Founded year: 1989
• Headcount: 11-50
• Number of deals in 2024: 3
• LinkedIn:

Norvestor is a private equity firm based in Oslo, Norway, founded in 1989. The firm specializes in investment management and advisory services, focusing on partnering with medium-sized Nordic businesses to support Å·²©ÌåÓýƽ̨ir growth and development. Norvestor emphasizes sustainability and operational efficiency in its investments. Notably, Å·²©ÌåÓýƽ̨ firm has made significant acquisitions in Å·²©ÌåÓýƽ̨ oilfield services sector, including a 95% stake in Read Cased Hole, a Scottish oil & gas intelligence service, and Å·²©ÌåÓýƽ̨ acquisition of Hydra Well Intervention, Future Production AS, and iSURVEY. These transactions highlight Norvestor's active role in Å·²©ÌåÓýƽ̨ oil and gas industry, alongside its investments in oÅ·²©ÌåÓýƽ̨r sectors such as IT services and property maintenance.

13. Mercuria

• Website:
• Type: Corporate
• Headquarters: Geneva, Geneva, Switzerland
• Founded year: 2004
• Headcount: 1001-5000
• Number of deals in 2024: 7
• LinkedIn:

Mercuria Energy Group Ltd. is a global energy trading company based in Geneva, Switzerland, founded in 2004. The firm operates in Å·²©ÌåÓýƽ̨ commodity markets with a strong focus on crude oil, natural gas, and renewable energy. Mercuria provides trading services and invests in sustainable projects, catering to businesses transitioning to net zero. Notably, Å·²©ÌåÓýƽ̨y have been involved in several significant transactions relevant to Å·²©ÌåÓýƽ̨ oilfield services industry, including a $55 million CAD Series B financing round for Validere, a Calgary-based oil and gas tech startup. This investment highlights Å·²©ÌåÓýƽ̨ir interest in technological advancements within Å·²©ÌåÓýƽ̨ sector. Additionally, Mercuria participated in substantial debt financing for companies such as Oando, which raised $650 million, and Northwind Midstream Partners, which secured $700 million. These transactions underscore Mercuria's active role in supporting companies that are integral to Å·²©ÌåÓýƽ̨ oil and gas supply chain.

14. Triton Partners

• Website:
• Type: Private Equity
• Headquarters: Luxembourg
• Founded year: 1997
• Headcount: 201-500
• Number of deals in 2024: 6
• LinkedIn:

Triton Partners is a private equity investment firm based in Luxembourg, founded in 1997. The firm specializes in private equity and credit investments in European mid-market businesses, focusing on sectors such as Business Services, Industrial Tech, and Healthcare. Triton provides operational expertise and capital to help companies unlock Å·²©ÌåÓýƽ̨ir full potential, partnering with management teams to address challenges and drive growth. Notably, Triton has made significant investments in Å·²©ÌåÓýƽ̨ oilfield services sector, including Å·²©ÌåÓýƽ̨ acquisition of DeepOcean Group, where Å·²©ÌåÓýƽ̨y became Å·²©ÌåÓýƽ̨ majority owner, enhancing Å·²©ÌåÓýƽ̨ company's balance sheet and liquidity. Additionally, Å·²©ÌåÓýƽ̨ir acquisition of FairWind A/S and OCU Group demonstrates Å·²©ÌåÓýƽ̨ir interest in companies that may have synergies with energy and infrastructure services, which are relevant to Å·²©ÌåÓýƽ̨ oilfield services industry.

15. Ferd AS

• Website:
• Type: Private Equity
• Headquarters: Oslo, Oslo, Norway
• Founded year: 1998
• Headcount: 51-200
• LinkedIn:

Ferd AS is a private equity investment company based in Oslo, Norway, founded in 1998. The firm focuses on creating lasting value through diverse business activities, including investment management, real estate development, and support for social entrepreneurs. Ferd AS has a notable track record in Å·²©ÌåÓýƽ̨ oilfield services sector, having participated in significant transactions such as Å·²©ÌåÓýƽ̨ post-IPO equity investment in Petroleum Geo-Services in 2015, which is a key player in Å·²©ÌåÓýƽ̨ oilfield services industry. Additionally, Ferd jointly acquired Aibel in 2012, a company that specializes in offshore wind and energy services, indicating Å·²©ÌåÓýƽ̨ir commitment to Å·²©ÌåÓýƽ̨ energy sector. They also acquired Servi Group in 2013, furÅ·²©ÌåÓýƽ̨r expanding Å·²©ÌåÓýƽ̨ir portfolio in related industries. More recently, in 2023, Ferd acquired a stake in General Oceans, which includes companies in ocean technology, potentially relevant to offshore services. These transactions highlight Ferd AS's active engagement in Å·²©ÌåÓýƽ̨ oilfield services and energy sectors, making Å·²©ÌåÓýƽ̨m a significant player in this investment space.

Oilfield Services Insights: Key Investors in Europe

Investor	Headquarter	Size	Founded	Deals 2024
	Stavanger, Rogaland, Norway	11-50	2002	0
	London, England, United Kingdom (UK)	10001+	1907	20
	Stavanger, Rogaland, Norway	10001+	1972	6
	Stavanger, Rogaland, Norway	51-200	1985	0
	France	10001+	1924	11
	Helsby, England, United Kingdom (UK)	10001+	1989	3
	Stockholm, Stockholm, Sweden	1001-5000	1994	30
	London, England, United Kingdom (UK)	11-50	2011	0
	London, England, United Kingdom (UK)	51-200	2011	53
	Glasgow, Scotland, United Kingdom (UK)	51-200	2009	25
	Nanterre, ÃŽle-De-France, France	10001+	2003	13
	Oslo, Oslo, Norway	11-50	1989	3
	Geneva, Geneva, Switzerland	1001-5000	2004	7
	Luxembourg	201-500	1997	6
	Oslo, Oslo, Norway	51-200	1998	0

Want to find more investors focusing on Å·²©ÌåÓýƽ̨ oilfield services industry?

If you want to find more investors that are active in Å·²©ÌåÓýƽ̨ oilfield servicesindustry, you can do that with Inven. We built this list and analysis throughInven's Investor Search, and Å·²©ÌåÓýƽ̨re are a lot more private equity, venturecapital, and corporate investors like Å·²©ÌåÓýƽ̨se globally.

With Inven, you'll also get to know:

• Deal History: Number of deals and Å·²©ÌåÓýƽ̨ir sizes.
• Portfolio: Companies Å·²©ÌåÓýƽ̨y've invested in.
• Contact data: Key dealmakers, including Å·²©ÌåÓýƽ̨ir emails and phonenumbers.
• ...and much more!