Aberdeen-headquartered Three60 Energy group has acquired Stavanger engineering firm Ridge.
Three60 has not disclosed the value of the acquisition, which takes the total number of companies in the group to three.
Ridge works in subsurface, drilling and wells, subsea and facilities, mainly in the Norwegian sector of the North Sea.
It employs more than 90 specialist engineers, with a client base of more than 20 operators.
Ridge, which also has clients in the UK, Denmark and Singapore will remain headquartered in Norway.
Three60 said key personnel would be employed in the UK and Southeast Asia to expand Ridge’s international offering.
Ridge joins LEAP Energy and Step Change Engineering in the group.
Three60 acquired Aberdeen-based Step Change, which focusses on onshore and offshore project management services, in February.
Gerwyn Williams, Group CEO said, “The acquisition of Ridge represents a key service addition to the Three60 Group as we continue to build a global portfolio of excellent companies who together will provide operators with a complete suite of technical services across the whole asset life cycle.
“We know that customers of LEAP Energy, Step Change Engineering and Ridge want them to offer a wider capability with the same technical excellence and service ethic they currently provide.”
Jarle Veshovde, managing director of Ridge, said: “We are delighted to join the Three60 Group and look forward to leveraging our combined international footprint and exporting our services overseas.
“The wider integrated offering, with Step Change Engineering and LEAP Energy, will enable us to provide an enhanced service in field development, well management and production optimisation for our customers.”
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