AGR

Oslo, Norway Founded: 1987 • Age: 39 yrs Acquired By ABL Group
AGR is recognized as a multi-disciplinary energy consultancy.
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About AGR

AGR is a company based in Oslo (Norway) founded in 1987 was acquired by ABL Group in March 2023. It operates as a Professional Services, and SaaS (Software-as-a-Service). AGR has completed 1 acquisition, including Ocean Riser Systems. AGR offers products and services including AGR Consultancy, iQx™ Software, and Low Carbon Solutions.

  • Headquarter Oslo, Norway
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Abl Group Asa
Operational Areas
Energy & Utilities → Oil & Gas
Energy & Utilities → Energy Storage & Efficiency
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    ABL Group

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    ABL Group

    & 1 more

    (Mar 20, 2023)

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Products & Services of AGR

AGR offers a comprehensive portfolio of products and services, including AGR Consultancy, iQx™ Software, and Low Carbon Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Consultancy services are provided for energy sector projects.

Software solutions are offered for drilling time management.

Solutions for carbon capture and geothermal energy provided.

People of AGR
Headcount 1000-5000
Employee Profiles 15
Employee Profiles
People
Atle Scholze
Senior Operations And Wellsite Geologist
People
Svein Sollund
CEO
People
Bjørn Egil Paulsen
Senior Operations Wellsite Geologist
People
Astrid Jørgensen
Head Of Accounting

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Funding Insights of AGR

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AGR

AGR has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include ABL Group and Silverfleet Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Buyouts are targeted by Silverfleet Capital in private equity investments.
Founded Year Domain Location
Global independent energy and marine consultancy specializing in de risking and driving the energy transition
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AGR

AGR has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ocean Riser Systems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Supplier of drilling equipment
0
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - AGR

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Agr Comparisons

Employees
+
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Competitors of AGR

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Agr

Frequently Asked Questions about AGR

When was AGR founded?

AGR was founded in 1987.

Where is AGR located?

AGR is headquartered in Oslo, Norway. It is registered at Oslo, Oslo, Norway.

Who is the current CEO of AGR?

Svein Sollund is the current CEO of AGR.

What does AGR do?

AGR, part of ABL Group ASA, is established as a global energy and software consultancy specializing in drilling, wells, subsurface, marine, and survey management. Services are provided across oil gas, renewables, and low carbon solutions like carbon capture and geothermal energy. Expertise is offered in reservoir management, technical safety, and risk assessment. Software solutions such as iQx are developed for drilling and operational efficiency. The company operates in multiple regions, supporting sustainable energy projects with a focus on decarbonization and technical excellence.

What products or services does AGR offer?

AGR offers AGR Consultancy, iQx™ Software, and Low Carbon Solutions.

How many acquisitions has AGR made?

AGR has made 1 acquisition, including Ocean Riser Systems.

Who are AGR's investors?

AGR has 2 investors. Key investors include ABL Group, and Silverfleet Capital.

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