About Altus Intervention
Altus Intervention is a company based in Stavanger (Norway) founded in 2014 was acquired by Baker Hughes in March 2022. Altus Intervention has completed 1 acquisition, including Thru Tubing. Altus Intervention offers products and services including Well Intervention Services and Turbomachinery Services.
- Headquarter Stavanger, Norway
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Phone
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Website
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Social
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- Legal Name Baker Hughes Company
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
EQT
& 2 more
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Employee Count
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- Investments & Acquisitions
- Acquired by
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Products & Services of Altus Intervention
Altus Intervention offers a comprehensive portfolio of products and services, including Well Intervention Services and Turbomachinery Services.
Well intervention services are offered to minimize intervention times and costs, covering activities from well construction to abandonment using technologies like coiled tubing and fishing services
Turbomachinery services are provided to ensure high availability and efficiency for equipment throughout its lifecycle, including gas turbines and compressors that are utilized in energy applications
People of Altus Intervention
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Funding Insights of Altus Intervention
Investors in Altus Intervention
Altus Intervention has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include EQT and Baker Hughes.
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EQT is recognized as a global investment organization focused on value creation.
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Oil field services for drilling and production are provided globally.
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Investor details for Altus Intervention
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Investments & Acquisitions by Altus Intervention
Altus Intervention has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Thru Tubing.
Investment portfolio details for Altus Intervention
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Slotting tools, downhole motors, and nitrotuff abrasive cutters are manufactured.
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Locked | Locked | 1997 | Locked |
Complete acquisition details for Altus Intervention
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Financial Statements - Altus Intervention
Detailed financials for Altus Intervention
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Altus Intervention Comparisons
Peer comparison for Altus Intervention
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Competitors of Altus Intervention
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Latest news on Altus Intervention
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Frequently Asked Questions about Altus Intervention
Altus Intervention was founded in 2014.
Altus Intervention is headquartered in Stavanger, Norway. It is registered at Stavanger, Rogaland, Norway.
Altus Intervention was established in 2014 in Stavanger, Norway, within the oil and gas services sector. Wireline conveyance, tractor-assisted interventions, and logging operations are offered to support well integrity and production enhancement. Focus is placed on advanced intervention technologies for offshore and onshore applications, primarily in the North Sea region and international markets. Services are delivered through specialized equipment and engineering expertise.
Altus Intervention offers Well Intervention Services and Turbomachinery Services.
Altus Intervention has made 1 acquisition, including Thru Tubing.
Altus Intervention has 2 investors. Key investors include EQT, and Baker Hughes.