PTC - Ownership and Business Overview

Oil/gas ExplorationCompany

PTC Ownership

Who owns PTC?

PTC is owned by Interwell Norway AS. It was acquired on April 21, 2022.

Was PTC formerly PE-backed?

Yes. PTC was formerly owned by 1 private investor.

PTC Business Overview

Where is PTC headquartered?

PTC is headquartered in Stavanger, Norway.

What is PTC’s revenue?

PTC disclosed revenue of 285M NOK for 2017 and 200M NOK for 2013.

What sector is PTC in?

PTC is an oil/gas exploration company.

When was PTC founded?

PTC was founded in 2002.

Oil/gas Exploration M&A Summary in 2022

Out of 60 sectors in the Mergr database, oil/gas exploration ranked 40 in number of deals in 2022. The largest oil/gas exploration acquisition in 2022 was Lucid Energy Group II - which was acquired by Targa Resources for $3.6B.

Join Mergr to view all 56 acquisitions of oil/gas exploration companies in 2022, including 5 acquisitions by private equity firms, and 51 by strategics.

PTC

Petroleum Technology Co. AS

Slettestrandveien 13,
Stavanger, N-4032
Norway,
+47 51 95 08 08
www.ptc.as

PTC is a developer and supplier of premium gas lift and wellhead products to enhance well integrity, safety, reliability, and productivity for oil companies. PTC was founded in 2002 and is based in Stavanger, Norway.


Company Summary

SECTOR

Oil/Gas Exploration

Revenue

285   2017
200   2013
(millions of NOK)

Established

2002

Subsidiary of

Interwell

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Oil/Gas Exploration Companies , Norway Companies

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