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4Subsea wins well head integrity monitoring contract for Lundin Norway

4Subsea is awarded the wellhead integrity monitoring contract for Lundin Norway’s drilling campaign with Ocean Rig’s semisubmersible Leiv Eiriksson in the Barents Sea. The monitoring system was installed during a 2-day operation July 7 – 8th. The agreement continues 4Subsea’s cooperation with Lundin Norway on monitoring of drilling campaigns.

poLight completes successful private placement

poLight® AS has raised NOK 160 million in equity capital through a private placement among new investors and existing shareholders. The private placement, which was oversubscribed, attracted several established leading Norwegian and international institutional investors. poLight aims to complete an IPO within one year. At the same time, the company continues its efforts to commercialize its leading autofocus lens – TLens® – for mobile phone cameras.

AddSecure sold to ABRY Partners

Viking Venture is pleased to announce the sale of portfolio company AddSecure to ABRY Partners, a Boston US based private equity firm. AddSecure is the Nordic market leader providing secure mission-critical machine to machine communications for security and other applications across a wide range of verticals including healthcare, public safety, transportation and utilities.

EcoOnline AS acquires 100% of ChemiControl ApS

ChemiControl ApS and EcoOnline AS have joined forces. The move is expected to create synergies for the customers and strengthen EcoOnline’s overall position in the Chemical Documentation Software segment in the Nordics.

READ launches Micro-leak Detection services

READ launches a new Micro-leak Detection solution to help maximise operational safety and minimise downtime by delivering fast and reliable answers for on the spot well integrity management decisions.

Viking Venture investerer i Din ERP AS

Viking Venture investerer i det Trondheims-baserte programvareselskapet Din ERP AS og vil eie 49 prosent av aksjene i selskapet. Din ERP er et raskt voksende programvareselskap som leverer apper og portaler som forenkler ansattes tilgang til ERP-systemer.

Nordic Venture Capital outperforms public markets according to new index

Nordic Venture Network launches the first venture capital index with actual returns from the Nordic venture capital market since 2000. “It’s great news that we have been able to create the first robust and credible Index for the Nordic VC-market”, says, Erik Hagen, former Chairman of Nordic Venture Network and Managing Partner of Viking Venture.

Read Cased Hole wins contract with Hess Denmark ApS

READ Cased Hole (READ) has been awarded a cased hole logging contract by Hess Denmark ApS, a wholly owned subsidiary of Hess Corporation and one of the world’s leading independent oil and gas companies.

Ziebel names new Chief Executive Officer

Ziebel has appointed a new chief executive officer. Francis Neill took up the post, effective from 21 September, and is now responsible for the strategic direction and operating performance of the company.

Meta’s Liner Tieback Technology Shortlisted for World Oil Awards

Meta Downhole Ltd (Meta) has been shortlisted for the 2015 World Oil Awards. Meta’s Liner Hanger technology has been nominated for Best Deepwater Technology, and is competing against two technologies from one of the biggest global services companies for the title.

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