Ridge Expands Services Portfolio with Ocean Maxwell Buy
- Business & Finance
Norway-based well engineering and consultancy company Ridge has acquired a Norwegian oil and gas consultancy company Ocean Maxwell, owned fully by founder Cecilie Sælen.
With this acquisition, Ridge believes it will further enhance the ability of the company to best serve the needs of new and existing customers in the upstream oil and gas industry.
Ridge will deliver engineering and consultancy services within four main O&G disciplines: subsurface, drilling & wells, subsea and facilities.
“Ocean Maxwell increases the portfolio of services we can offer to our clients, with their subsea and facilities engineering pool,” says Jarle Veshovde, managing director in Ridge. “Our focus as a company continues to be delivery of engineering excellence and the highest quality solutions and advice, which we have become renowned for.”
After the acquisition, Ridge comprises a pool of approximately 80 specialist engineers and consultants, with a projected 2018 turnover exceeding NOK 160 million.