Altus Intervention

Stavanger, Norway Founded: 2014 • Age: 12 yrs Acquired By Baker Hughes
Provider of provides wireline, wireline tractor, and logging services
Annual revenue - Latest available
Total funding - 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

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
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Baker Hughes Company
Operational Areas
Not available
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    EQT

    & 2 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    Baker Hughes

    & 1 more

    (Mar 21, 2022)

Upgrade to premium

Unlock complete access to The Company Check

Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.

Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
  • Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
  • Full access to every database India & global coverage, advanced filters and rich profile details
  • Always-on access from your team account Single premium plan for everything you see on the portal

Products & Services of Altus Intervention

Altus Intervention offers a comprehensive portfolio of products and services, including Well Intervention Services and Turbomachinery Services.

Product name locked
Category locked
Primary

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

Product name locked
Category locked
Locked

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

Headcount 1000-5000
Employee Profiles 22
Employee Profiles
People
Erik A. Haarr
Data Analysis Manager
People
Erland Jørgensen
Customer Service Manager LWI
People
Kjetil Skiftun
Vice President Corporate Treasury
People
John Arnold
Senior Field Engineer

Unlock access to complete

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
EQT is recognized as a global investment organization focused on value creation.
Locked Locked Locked
Oil field services for drilling and production are provided globally.
Locked Locked Locked
Premium access

Investor details for Altus Intervention

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Altus Intervention

Altus Intervention has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Thru Tubing.

Investments
Premium access

Investment portfolio details for Altus Intervention

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Slotting tools, downhole motors, and nitrotuff abrasive cutters are manufactured.
Locked Locked 1997 Locked
Premium access

Complete acquisition details for Altus Intervention

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - Altus Intervention

Premium access

Detailed financials for Altus Intervention

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

Verified entity values are shown only after access is granted.

Altus Intervention Comparisons

Altus Intervention Primary company
Description
Provider of provides wireline, wireline tractor, and logging...
Location
Stavanger, Norway
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Altus Intervention

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

Verified entity values are shown only after access is granted.

+
Add Comparison
Available on Premium

Competitors of Altus Intervention

Premium access

Detailed competitors of Altus Intervention

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Altus Intervention

Premium access

Complete news archive for Altus Intervention

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

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.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available