About Interwell
Interwell is a company based in Stavanger (Norway) founded in 1992. Interwell has completed 3 acquisitions, including CannSeal, Iconic and Petroleum Technology Company. Interwell operates in a competitive market with competitors including NCS Multistage, Getech, DeepWell, Zyfra and Optime Subsea, among others.
- Headquarter Stavanger, Norway
- SectorsEnergy & Utilities
- Email••••••••
- Website interwell.com
- Social LinkedIn Facebook
Funding Insights of Interwell
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Interwell with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2010 | – | Private Equity Round | – | Ferd | – |
1 investors in total: 1 institutional.
Investors in Interwell
Interwell has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Ferd.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital is directed by Ferd toward impact investing goals. | – | ferd.no | Oslo, Norway |
Investor details for Interwell
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Verified entity values are shown only after access is granted.
People of Interwell
31 people are tracked at Interwell (9 in leadership, 22 in team).
| Name | Role | Group |
|---|---|---|
Britt Aadnoy | CHRO | Leadership |
Thormod Langballe | CEO | Leadership |
Britt Aadnøy | Vice President Human Resources | Leadership |
Trond Arve Stamnes | CFO | Leadership |
Eskil Haukelid | Vice President Global Operation - Completions & Wellhead Integrity | Leadership |
Brett Richard | Managing Director-western Hemisphere | Leadership |
Ross Wilson | Managing Director - UK & SSA | Leadership |
Anette Veidung | Chief Marketing Officer | Leadership |
Roberto Nogueira | Managing Director South America | Leadership |
Oddbjørn Vagle | Department Manager - Intervention Products | Team |
Mohammed al Shaikh Ahmed | Financial Accountant | Team |
Harald Fordedal | MENA Business Line Manager Intervention & P&a | Team |
Astri Berg | Controller | Team |
Anna Nicol Assoc Cipd | HR Manager, UK & Africa | Team |
Jonathan Eugen Olsen | International Operations | Team |
Urooj Khan | HR Manager, MENA | Team |
Mette Santamarta | Hse/hr Manager | Team |
Helene Gjengedal | Commercial & Project Controller | Team |
Maria Sollid | Finance Manager | Team |
Yasir al Mujaini | Country Manager - Qatar | Team |
11 more people are available in the full profile.
Complete people profiles for Interwell
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by Interwell
Interwell has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CannSeal, Iconic and Petroleum Technology Company.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Wireless monitoring products for oil and gas are developed. | iconic.as | Sandnes, Norway | 2016 | May 2023 | •••• | |
Gas lift valves, chemical injection, and software tools are manufactured. | ptc.no | Stavanger, Norway | 2002 | May 2022 | •••• | |
Annular isolation technology is provided for enhanced oil recovery. | cannseal.com | Stavanger, Norway | 2008 | Nov 2020 | •••• |
Complete acquisition details for Interwell
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Interwell
5 dated milestones of Interwell across 31 years, from founding to its latest funding, stage changes and deals.
- Founded Interwell is founded.
- Funding First funding round.
- Acquisition Acquires CannSeal.
- Acquisition Acquires Petroleum Technology Company.
- Acquisition Acquires Iconic.
Competitors of Interwell
Interwell operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as NCS Multistage, Getech, DeepWell, Zyfra and Optime Subsea, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ncsmultistage.com | 2006 | Houston, United States | $20M | 243 | Independent technology and services company specializing in multistage completions | |
| getech.com | 1986 | Leeds, United Kingdom | – | 60 | Oil rigs datasets are provided to enterprises for exploration analysis. | |
| deepwell.no | 2004 | Kopervik, Norway | $46.21M | 163 | Wireline services for well interventions are supplied to oil companies. | |
| zyfra.com | 2017 | Helsinki, Finland | $13.4M | – | Provider of robots, AI, and IIoT based solutions for mining industries | |
| optimesubsea.com | 2005 | Notodden, Norway | – | 28 | Subsea well completion and intervention systems are developed and supplied. | |
| geosplit.ru | 2013 | Moscow, Russia | $6.5M | – | Oil well stimulation and fracturing services are provided to clients. | |
| comitt.com | 2014 | Katy, United States | $13M | 20 | Provider of down hole hydraulic tools | |
| peakwellsystems.com | 2002 | Perth, Australia | – | – | Manufacturer of downhole well intervention technologies for the oil and gas industry | |
| rseg.com | 1998 | Calgary, Canada | – | 47 | Well analysis, production data, and site assessment service provider |
Detailed competitors of Interwell
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Interwell
The website of Interwell (interwell.com) receives about 11.7K visits a month.
- Monthly visits11.7K
▲ 37.7% vs previous month
Websites whose visitors overlap most with Interwell. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
packersplus.com | packersplus.com | 100% | – | #5,434,390 | – |
| ferd.no | 30% | – | #1,866,518 | View details |
Latest news on Interwell
Complete news archive for Interwell
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.
Similar companies to Interwell
10 companies that operate in the same segment as Interwell (Oil & Gas Technology Solutions), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-based software for manufacturing process optimization is offered. | 1981 | Bedford, United States | USD 100 M | USD 5.21 M | 64 | |
Cloud infrastructure and AI-optimized data centers are provided. | 2018 | Denver, Colorado, United States | USD 5.44 B | – | 242 | |
Provider of AI-driven ROVs and services for inspection of ships | 2015 | Bristol, England, United Kingdom | USD 38.48 M | – | – | |
AI-based software for production data analysis and collaboration is provided. | 2016 | Lysaker, Norway | USD 225 M | – | 1 | |
AI-driven urban datasets and analysis tools are offered by Urbint. | 2015 | New York, New York, United States | USD 130.08 M | – | – | |
Satellite imagery and geospatial analytics are utilized for water monitoring. | 2012 | Didcot, Oxfordshire, United Kingdom | USD 17.11 M | – | 46 | |
Cloud-based platform for oilfield management in energy sector. | 1998 | Houston, Texas, United States | USD 1.67 M | – | 305 | |
Cloud-based platform for operational simulation and predictive analytics is offered. | 2010 | Lausanne, Vaud, Switzerland | USD 28.7 M | – | – | |
Methane and VOC emissions are monitored via industrial IoT platforms. | 2015 | Cambridge, Massachusetts, United States | USD 34.71 M | – | – | |
Contractors and suppliers are managed via an online platform. | 2001 | Dallas, Texas, United States | – | – | – |
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Frequently Asked Questions about Interwell
Interwell was founded in 1992 and raised its 1st funding round 18 years after it was founded.
Interwell is headquartered in Stavanger, Norway. It is registered at Stavanger, Rogaland, Norway.
Thormod Langballe is the current CEO of Interwell.
Annual revenue of Interwell is $292.45M as on Dec 31, 2024.
Interwell was founded in 1992 in Stavanger, Norway, as a provider of solutions in the energy sector. Services are delivered in wellhead integrity, casing barriers, completion operations, intervention, plug and abandonment, as well as renewables and low carbon initiatives. Products such as sensors, valves, plugs, packers, and related systems are offered to support these operations.
Interwell's top competitors include NCS Multistage, DeepWell and Optime Subsea.
Interwell has made 3 acquisitions, including CannSeal, Iconic, and Petroleum Technology Company.
Interwell has 1 investor. Key investors include Ferd.