Ross Offshore was established in 1997 as a consulting company in Sandefjord, Norway. Since then the company has grown to be a full competence house, and runs in-house projects on behalf of Oil & gas companies, in addition to be one of the leading providers of consultancy services.
With frame agreements with Statoil and Hydro (now merged to Equinor) the company grew to about 80 people. In 2008, HitecVision acquired Ross Offshore. The same year, Odfjell Well Management was established. By the year 2011, both companies had grown and held long contracts with a multitude of clients. In 2011, Ross Offshore acquired Oddfjell Well Management. At it’s peak, Ross Offshore consisted of 275 employees – about 50% consultants and 50% in-house.
During the downturn, Ross Offshore focused on development of new products and cost control. The last few years we have seen a steady improvement of the industry as a whole, and find Ross Offshore to be in an excellent position with long term frame agreements for well management, specialized services and consultancy for a several clients – both small and large – on the Norwegian continental shelf.
Currently, HitecVision is the majority shareholder in Ross Offshore with 89%. The remaining shares is owned by multiple minority shareholders.