Three60 Energy

What Three60 Energy does

Three60 Energy is a UK-headquartered (Aberdeen) private energy services company delivering integrated engineering solutions across the full asset lifecycle, from subsurface evaluation through to decommissioning. The company organizes its offering into six service lines: Subsurface, Wells, Subsea, EPCC, Operations, and Product Solutions, supported by four retained product sub-brands (IMES for load monitoring, Flexlife for flexible pipe and umbilical integrity, Hydratron for high-pressure equipment, and Caley for mechanical handling and offshore wind tooling). Notable proprietary technology includes FlexScout Auto (automated flexible riser annulus testing), OPTi-Plus (subsea optical OTDR testing to 1,700m on 63km of fiber), the Subsea Electrical Test System (SETS, rated to 3,000m), CCT PRO crane integrity monitoring, and the SmartCert compliance platform.

Three60 generates revenue through three primary streams: integrated engineering services delivered under multi-year project support agreements and framework contracts; project-based awards for specific scopes such as FEED, EPCm, and decommissioning; and sale or rental of specialized equipment from its product sub-brands. The company operates an enterprise field-sales motion, securing direct awards and tenders from major operators including Vår Energi, BP, Harbour Energy, Petronas, INEOS, and the U.S. Navy, alongside defense and hydrogen-transition clients.

The company has pursued an aggressive inorganic growth strategy since 2016, completing five disclosed acquisitions (Fraser Well Management in 2022, Pryme Group and Flexlife in 2023, Samphire Subsea in 2024, and Total Vision in 2025) and establishing a Middle East headquarters in Abu Dhabi. It now operates across the UK (six inspection facilities), Norway, and the UAE, serving oil and gas, renewables, CCS, marine, defense, and nuclear sectors.

Name

Three60 Energy

Legal name

THREE60 Energy Limited

Website

https://three60energy.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Oil & Gas Engineering Services

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Electrical Equipment Manufacturing (33531)

SIC

Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533), Oil & Gas Field Exploration Services (1382)

akta.pro primary industry

Major Component Service & Overhauls (Gearboxes, Blades, Generators, Inverters, Turbines) (EUAMAGAF)

Keywords

• Subsea engineering services
• Oil and gas services
• Offshore engineering
• Asset lifecycle solutions
• Energy transition services

Headquarters

HQ city

Aberdeen

HQ country

United Kingdom

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Engineering Services: Integrated engineering and project management services across subsurface, wells, subsea, EPCC, and operations. Revenue generated through project support agreements, framework contracts, and direct project awards.
2. Product Solutions: Sale and rental of specialized equipment including load monitoring products, high-pressure equipment, subsea technology products (Flexlife), mechanical handling equipment (Caley), and offshore wind tooling. Products include load cells, crane systems, riser monitoring, and umbilicals testing equipment.
3. Project Support Agreements: Multi-year project support contracts such as the Vår Energi 4-year agreement covering drilling, wells, and subsurface disciplines. Initial term with options for extension.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Three60 Energy is a Tier 2 service operator providing integrated asset lifecycle services across the energy sector through six core service lines: Subsurface, Wells, Subsea, EPCC (Engineering, Procurement, Construction and Commissioning), Operations, and Product Solutions. The company combines engineering consultancy, project management, and proprietary equipment products (load monitoring, subsea inspection, crane integrity, high-pressure testing) to serve oil & gas, renewables, CCS, marine, defence, and nuclear operators from design through decommissioning.

Product overview

THREE60 Energy is a global energy engineering technology company that operates as a life cycle solutions provider across the energy sector. The company offers an integrated portfolio combining six core service lines (Subsurface, Wells, Subsea, EPCC, Operations, and Product Solutions) with four specialized product sub-brands: IMES (load monitoring and inspection products), Flexlife (subsea technology for flexible pipes and umbilicals), Hydratron (high pressure equipment), and Caley (mechanical handling equipment for offshore wind). The product portfolio includes engineered solutions such as CCT PRO crane integrity monitoring, SETS subsea electrical testing, OPTi-Plus optical testing, FlexScout riser testing systems, and various load monitoring instrumentation and sensors. These products and services work together to provide comprehensive asset lifecycle support from design to decommissioning across oil and gas, renewables, CCS, marine, defence, and nuclear sectors.

Differentiator

Problem solved

Functional benefit

Brands

• IMES: Load monitoring products and systems including load cells, instrumentation, and inspection solutions for defence and energy sectors.
• Flexlife
• Hydratron
• Caley
• CCT PRO
• SmartCert

Products and services

• THREE60 Subsurface Reservoir modelling, field and area development planning, production engineering services, and asset acquisition services including independent reports and reserves audits, for upstream oil and gas operators.
• THREE60 Wells Well engineering and consultancy services with an established track record working with more than 20 major oilfield operators across drilling and well planning.
• THREE60 Subsea Comprehensive subsea engineering capabilities designed to support the entire lifecycle of subsea assets, with expertise in the inspection, repair, and maintenance of flexible pipes and umbilicals.
• THREE60 EPCC Engineering, procurement, construction and commissioning support services for offshore and onshore energy industries, focusing on maximising safe and efficient delivery globally.
• THREE60 Operations Duty holder and operator services with innovative service and commercial delivery models for upstream and downstream asset lifecycle management, including late life asset management and decommissioning.
• THREE60 Product Solutions Established product lines for onshore and offshore applications comprising high-pressure testing equipment, mechanical handling equipment, monitoring systems, and innovative offshore wind turbine installation tooling.
• IMES Load Monitoring Products Comprehensive range of load monitoring, inspection, and measurement products including load cells, load pins, load shackles, instrumentation, and engineered solutions for defence and energy sectors.
• Flexlife Subsea Technology Lifecycle management solutions for flexible pipes and umbilicals, offering inspection, testing, repair, and monitoring services and products for subsea assets.
• Hydratron High-Pressure Equipment Custom-designed and engineered high-pressure systems including liquid pumps, gas boosters, and test systems for demanding industrial applications.
• Caley Mechanical Handling Equipment Offshore lifting and handling solutions, designing, prototyping, and building bespoke equipment including LARS (Launch and Recovery Systems), cable handling, and pipelay equipment.
• CCT PRO Crane Integrity Monitoring Connected Crane Technology PRO - a scalable data acquisition and integrity management system for monitoring cranes, transporters, and lifting equipment with cloud-based storage, secure encrypted transfer and multi-site analysis capabilities.
• SETS Subsea Electrical Test System ROV-deployed equipment providing localized deepwater testing of subsea power and control umbilicals during installation and pre-commissioning; tests insulation resistance and continuity resistance in depths up to 3,000m.
• OPTi-Plus Subsea Optical Testing Live data, surface-controlled Optical Time Domain Reflectometry (OTDR) system for commissioning and testing fiber optic lines in subsea umbilicals and networks.
• FlexScout Auto Automated flexible riser annulus testing equipment with algorithm-controlled autonomous testing capability, ATEX Zone 2 compliance, enabling operators with minimal training to safely conduct riser annulus testing offshore without additional personnel mobilization.
• MTIS Marine Tailshaft Inspection System Remote inspection system allowing tailshaft inspection without removal, performing TOFD and PE ultrasonic scans on inner and outer surfaces via internally deployed, remotely operated test tool.
• RCi Xtreme Crane Rated Capacity Indicator designed for ease of use with powerful safety and analytical capability in challenging on and offshore conditions.
• Mooring Monitoring Systems Integrated measurement and monitoring systems for offshore mooring environments using Safe Moor and Predict Moor software for real-time safety monitoring and long-term integrity analysis.
• Deck Machinery Monitoring Systems Integrated A-Frame monitoring system with wireless telemetry sensors providing real-time alarms, data logging, and visual representation of A-frame position and loads during operations.
• Riser Inhaul Camera System (RICS) Subsea camera platform for tube deployment providing live, multi-channel video feed of riser installation process, ATEX-rated with HD cameras and LED lights.
• Wire Rope MRT Services Magnetic Rope Testing (MRT) service using NDT Technologies Inc. equipment for assessing condition of ropes from 0 to 165mm diameter at spooling speeds of 3 meters per second.
• SmartCert Inspection Software Software used to show inspection, testing, certification, and compliance status of crane and lifting equipment, adaptable to multiple criteria including MOD-standard security systems, internet-based or standalone configurations.

Quantifiable outcome

• 30+ years lifting equipment inspection experience
• +3 more outcomes

Named customers8 records

Segments7 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Nine partnerships are on record, tiered key, core and minor.

• INEOS FPSkeyStrategic or Co-development Partner · 5 August 2026Extension of EPCm framework agreement for ongoing project delivery support to INEOS Forties Pipeline System operations.
• LogankeyStrategic or Co-development Partner · 23 June 2026Strategic partnership to deliver integrated hydrogen projects combining THREE60's EPCC and brownfield modification capabilities with Logan's hydrogen production, storage, compression, refuelling and dispensing expertise. Partnership addresses market gap where general contractors lack hydrogen experience and specialist integrators lack large-scale project delivery capability. Joint pursuit of hydrogen production facilities, tube-trailer filling systems, and hydrogen refuelling stations.
• Logan EnergykeyStrategic or Co-development Partner · 23 June 2026Partnership pairs THREE60's engineering, procurement, construction and commissioning capability with Logan's hydrogen-specific expertise to address gap in market for integrated hydrogen project delivery from concept to commissioning.
• Vår EnergicoreStrategic or Co-development Partner · 16 June 2026Four-year project support agreement (with extension options) covering drilling, wells, and subsurface disciplines. Reflects long-standing relationship built over many years. THREE60 provides integrated project support contributing to safe and efficient planning and execution of Vår Energi's Norwegian Continental Shelf operations.
• U.S. NavycoreStrategic or Co-development Partner · 17 April 2026IDIQ (Indefinite Delivery Indefinite Quantity) award for U.S. Navy Amphibious Sustainment Readiness Program, representing first award under this defense contract vehicle.
• Innovair and Oil StateskeyStrategic or Co-development Partner · 17 February 2026Strategic alliance for caisson integrity management, combining expertise from all three organizations to deliver comprehensive solutions for offshore caisson integrity challenges.
• Total VisionkeyStrategic or Co-development Partner · 2 November 2025Acquisition of Total Vision as part of expansion in Middle East, establishing new headquarters in Abu Dhabi and accelerating regional growth following record revenue growth.
• AF GruppencoreStrategic or Co-development Partner · 30 September 2025Joint delivery of Andrew Decommissioning Project for BP in the UK. Three60 AF Decom provides offshore logistics and decommissioning expertise alongside AF Gruppen's capabilities.
• Braemar ShipbrokersminorChannel Partner/ Reseller/ DistributorShipbroking firm that facilitated charter negotiations for PSV Energy Pace vessel for Andrew Decommissioning Project, instrumental in securing vessel ahead of planned commencement date.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Worley Limited: Global energy, chemicals, and resources project services company delivering engineering, procurement, construction, and asset lifecycle services across oil & gas, renewables, hydrogen, and CCS. Highly comparable as a Tier 1/Broad incumbent to Three60's Tier 2 integrated lifecycle model, though much larger in scale.
• Saipem: Italian-headquartered EPC and offshore drilling contractor delivering integrated engineering and construction services for oil & gas, hydrogen, CCS, and renewables. Broad incumbent comparable on offshore EPCC and energy transition project delivery.

Direct peers

• Aker Solutions: Norway-headquartered provider of integrated solutions for field design, subsea production systems, and lifecycle services to offshore oil & gas and renewables operators. Direct peer on subsea engineering, well services, and lifecycle support for North Sea operators.
• Petrofac Limited: Integrated energy services company providing engineering, procurement, construction, operations, maintenance, and decommissioning services to oil & gas operators. Direct peer on EPCC and operations services for upstream and late-life asset management.
• TechnipFMC: Subsea engineering, equipment, and project delivery company serving offshore oil & gas and energy operators with integrated subsea-to-surface solutions. Direct peer on subsea umbilicals, flexible risers, and offshore engineering scope overlapping with Three60 Subsea and Flexlife.
• Oceaneering International: Subsea engineering, ROV operations, and lifecycle services provider to offshore oil & gas and renewables. Comparable on subsea inspection, intervention tooling, and offshore equipment used by operators that also buy Three60's SETS and OPTi-Plus systems.
• Helix Energy Solutions Group: Provider of subsea well intervention, decommissioning, and offshore operations services globally. Comparable as a Tier 2-style integrated offshore services peer focused on late-life, decommissioning, and subsea intervention work where Three60 also operates.
• Stork (A Fluor company): Asset integrity, maintenance, modification, and inspection services provider for oil & gas, petrochemical, and power operators across Europe and the Americas. Direct peer on inspection, maintenance, and asset integrity work overlapping with Three60's Product Solutions and Operations lines.
• AF Gruppen: Norwegian construction and offshore services group active in decommissioning, environmental services, and energy projects. Direct peer and active JV partner on the BP Andrew Decommissioning Project with Three60.

Regional players

• Calfrac Well Services: Specialised well services provider focused on North American shale and conventional wells including pressure pumping, coiled tubing, and wellsite services. Compares as a regional/well services peer with limited UK North Sea exposure but similar well-engineering and pressure-equipment scope to Three60 Wells and Hydratron.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/three60energy
• Instagraminstagram.com/ceo_three60energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A6 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Three60 Energy