About Optime Subsea
Optime Subsea is a company based in Notodden (Norway) founded in 2005 was acquired by Halliburton in December 2024. The company has 28 employees. Optime Subsea offers products and services including ROCS and eSCILS. Optime Subsea operates in a competitive market with competitors including NCS Multistage, Getech, DeepWell, Zyfra and GeoSplit, among others.
- Headquarter Notodden, Norway
- Employees 28
- SectorsEnergy & Utilities
- Email••••••••
- Website optimesubsea.com
- Social LinkedIn X Facebook
- Acquired by Halliburton (Dec 2024)
- Annual Revenue$15.99 M (USD)-21as on Dec 31, 2022
- Net Profit-$2.18 M (USD)-274as on Dec 31, 2022
- EBITDA-$3.97 M (USD)-260as on Dec 31, 2022
- InvestorsHalliburton
& 1 more
- Employee Count28
- Acquired byHalliburton
(Dec 2024)
Products & Services of Optime Subsea
Optime Subsea offers a comprehensive portfolio of products and services, including ROCS and eSCILS.
Efficient system for tubing hanger installations in subsea wells.
Lightweight system for well access and intervention operations.
Funding Insights of Optime Subsea
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Optime Subsea 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 2016 | – | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Optime Subsea
Optime Subsea has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Halliburton and Holta Invest.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | holta.com | - | |
Oilfield products and services are provided to the energy sector. | 1919 | halliburton.com | Houston, United States |
Investor details for Optime Subsea
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People of Optime Subsea
5 people are tracked at Optime Subsea (3 in leadership, 2 in team); the tracked headcount is 28.
| Name | Role | Group |
|---|---|---|
Rodger Hooker | Vice President Global Services | Leadership |
Kjetil Andre Dalheim | COO | Leadership |
Atle Huseby | Head of HR & HSE | Leadership |
Linn Johnsen | Procurement Specialist | Team |
Oluwatosin Adebayo | Technical Support Personnel | Team |
Complete people profiles for Optime Subsea
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Timeline of Optime Subsea
3 dated milestones of Optime Subsea across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Optime Subsea is founded.
- Funding First funding round.
- Exit Acquired by Halliburton.
Competitors of Optime Subsea
Optime Subsea 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 GeoSplit, 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 | |
| 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 |
Detailed competitors of Optime Subsea
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Web traffic of Optime Subsea
The website of Optime Subsea (optimesubsea.com) receives about 3.5K visits a month.
- Monthly visits3.5K
▼ 3.2% vs previous month
Latest news on Optime Subsea
Complete news archive for Optime Subsea
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Similar companies to Optime Subsea
10 companies that operate in the same segment as Optime Subsea (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 Optime Subsea
Optime Subsea was founded in 2005 and raised its 1st funding round 11 years after it was founded.
Optime Subsea is headquartered in Notodden, Norway. It is registered at Notodden, Telemark, Norway.
Optime Subsea has 28 employees.
Annual revenue of Optime Subsea is $15.99M as on Dec 31, 2022.
Optime Subsea was founded in 2005 in Notodden, Norway, focusing on the subsea oil and gas sector. Well completion and intervention systems for subsea applications are designed and manufactured by the company. Offerings include subsea hydraulic pump systems, hyperbaric test chambers, light completion intervention systems, and umbilical-less tubing hangers. Operations emphasize reliable equipment for offshore environments, supporting global energy projects.
Optime Subsea's top competitors include NCS Multistage, DeepWell and Getech.
Optime Subsea offers ROCS and eSCILS.
Optime Subsea has 2 investors. Key investors include Halliburton, and Holta Invest.
Yes. Optime Subsea was acquired by Halliburton in December 2024.