Name

EV Offshore

Legal name

EV Offshore Limited

Website

https://evcam.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Norwich

HQ country

United Kingdom

HQ region

Europe

Offices7 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Downhole Visual Analytics Services: EV provides downhole video inspection and visual analytics services across multiple conveyance methods (electric line, slickline, coiled tubing, drill pipe). Services include specialized VA (Visual Analytics) solutions such as PerforationVA, CorrosionVA, FishVA, RestrictionVA, ValveVA, SandVA, PlugVA, WaterVA, and LeakVA. Revenue is generated through service fees for these diagnostic interventions, which can be conducted as one-time inspections or part of ongoing well integrity programs.
2. Pipeline Inspection Services (PigCAM): EV provides free-swimming camera inspection services for pipelines using PigCAM 4 and PigCAM 8 systems. These are specialized inspection services delivered either independently or in combination with smart pigging technologies such as caliper, MFL, UT, or EMAT tools.
3. Software Licensing (MIPS, PIP): EV-Epidote licenses its MIPS and PIP software products to operating and service companies. The software suite includes MIPSPro (full analysis), MIPSLite (field processing), MIPSView (license-free viewer), and MIPS3D (3D visualization). These are licensed software products for well integrity data processing and interpretation.
4. Well Integrity Consultancy: EV-Epidote provides consultancy services focused on analysis and reporting of well integrity logs, quantification of 3D geometry and drift analysis of deformed pipe, and production log analysis. Services range from survey planning advice to multi-well time-lapse corrosion analysis.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

EV Offshore is a global oilfield services company specializing in well diagnosis through proprietary downhole video and integrated sensor technology. The company delivers Visual Analytics services combining high-definition wellbore and pipeline imaging with computational analysis across multiple conveyance methods (slickline, electric line, coiled tubing, drill pipe). It also licenses software (MIPS, PIP) and offers pipeline inspection services through PigCAM free-swimming camera systems to oil and gas operators, geothermal producers, and pipeline operators in 36 countries.

Product overview

EV (formerly EV Offshore/EVCAM) is an industry-leading visual analytics company offering a comprehensive portfolio of video-based diagnostic and inspection solutions for the global energy sector. The core product architecture consists of: (1) Visual Analytics Solutions - nine specialized VA services (Perforation VA, Corrosion VA, Fish VA, Restriction VA, Valve VA, Sand VA, Plug VA, Water VA, Leak VA) that combine HD video with quantified computational analysis; (2) Core Camera Technology - Optis® family including Optis Infinity (world's first array sideview camera), ClearVision™ (combined video and ultrasound), and Optis® Unity (next-gen 5-camera array system); (3) Pipeline Products - PigCAM®4 and PigCAM®8 free-swimming camera systems; (4) Software Platforms - AIVA™ cloud-based analytics platform, MIPS software for multi-finger caliper processing, PIP advanced analysis platform, and PDA pipe deformation analysis; (5) Specialized Camera Systems - various conveyance-specific cameras (slickline, electric line, coiled tubing, drill pipe) and extreme environment solutions. All solutions are powered by proprietary image processing and computer vision algorithms and delivered via flexible conveyance options including slickline, electric line, coiled tubing, and drill pipe.

Differentiator

Problem solved

Functional benefit

Brands

• AIVA: Asset Inspection Visualisation and Analytics system - a cloud-based data portal for storing, visualizing, and interacting with well and pipeline data.
• Optis Infinity
• Optis Unity
• ClearVision
• PigCAM
• MIPS

Products and services

• PerforationVA High-definition perforation evaluation service combining array video imaging with accurate measurements of entry hole geometry at individual perforation level, enabling proppant placement confirmation and cluster/stage-level analysis for both conventional and unconventional perforating applications. Achieves up to 10% productivity improvement and multi-million dollar economic gains through optimized frac designs.
• CorrosionVA Comprehensive corrosion assessment service combining cutting-edge visual diagnostics with computational analysis, providing quantified 360\u00b0 evaluation of well integrity with sub-millimeter pixel resolution for identifying corrosion mechanisms and root causes, enabling life-of-well corrosion calculations.
• FishVA Rapid evaluation service for fish location, geometry, orientation, and status, enabling real-time decision-making during well interventions and proactive resolution of downhole fishing challenges through quantified visual clarity.
• RestrictionVA Comprehensive evaluation service for downhole restrictions combining high-definition video with multi-sensor data to identify root cause and severity, including Pipe Deformation Analysis (PDA) for 3D modeling of deformed pipe geometry to optimize well intervention planning.
• ValveVA Full 360\u00b0 evaluation service for valve status and performance of completion hardware, providing detailed assessment of fit, form, and function to optimize operating expenditure and maintain safe, productive well operation.
• SandVA Quantified assessment service for sand screen condition and performance using Optis\u00ae and Optis Infinity imaging systems with sub-millimeter resolution to pinpoint erosion at individual baseholes for comprehensive 360\u00b0 sand screen evaluation.
• PlugVA Stage plug performance evaluation service using high-definition array video combined with optional multi-finger caliper measurements to verify setting depth, pressure containment, and identify plug slippage or fluid leakage issues.
• WaterVA Water production diagnostic service providing pinpoint identification of water entry and accurate classification of fluid phase to help operators understand and combat unwanted water production for improved hydrocarbon recovery.
• LeakVA Real-time leak detection and location service for barrier leaks within well systems, providing accurate location, size, shape, and extent of flow paths to enable effective first-time remediation and reduce intervention costs.
• Optis\u00ae Unity Next-generation downhole camera system featuring a 5-sideview camera array delivering full 360\u00b0 circumferential wellbore coverage with high-definition resolution, cutting-edge LED array, seamless third-party integration capability, and compatibility with both e-coil and e-line deployment. Visual analytics displayed via the AIVA platform.
• Optis Infinity World's first array sideview camera for downhole applications. Features four azimuthally aligned cameras providing 360\u00b0 continuous view with no moving parts. Provides over 100% circumferential coverage in a single continuous run. Unique lighting design increases light output by 1000% while reducing internal thermal energy generation. Data resolution of 16 pixels per square millimeter at 30ft/minute.
• Optis Infinity IVC Integrated Video Caliper tool combining Optis\u00ae 360\u00b0 camera technology with industry standard Multi-Finger Caliper for comprehensive well integrity evaluation with complete wellbore coverage.
• ClearVision\u2122 World's only integrated array video and phased array ultrasound scanning tool providing the most advanced 4D evaluation system for wellbore applications. Combines 360\u00b0 video with phased array ultrasound for precision images and measurements in all directions. Immune to stick-and-slip motion effects through in-situ velocity measurement from video images.
• PigCAM\u00ae 8 Free-swimming camera system for large-diameter pipelines delivering full 360\u00b0 view of pipeline internal diameter in high definition. Features eight azimuthally aligned cameras, up to 96 hours of 25 fps color video, inclinometer, temperature indicator, high-side indicator, odometer, speed control, and modular design. Can assess up to 176 km in a single deployment.
• PigCAM\u00ae 4 Free-swimming camera system for smaller-diameter pipelines delivering full 360\u00b0 view in high definition. Features four azimuthally aligned cameras, 24 hours of 25 fps color video, with recording time split into unlimited intervals.
• AIVA\u2122 (Asset Inspection Visualisation and Analytics) Cloud-based all-in-one platform for storing, visualizing and interacting with a wide variety of logs and data types. Features PowerBI analytics, synchronized 2D and 3D data displays, video and visual analytics with 360\u00b0 visualizations, powerful intuitive interface with customizable views. Available as SaaS solution.
• MIPS (Multi-finger Image Processing Software) Industry's leading package for multi-finger caliper data processing and interpretation. Includes MIPSPro (full analysis), MIPSLite (field processing), MIPSView (license-free viewer), and MIPS3D (3D visualization). Supports detailed pipe integrity analysis, statistical analysis with 30+ statistical results per joint, API-style log plots, and 3D visualization. Licensed to operating and service companies.
• Pipe Integrity Platform (PIP) Advanced analysis software platform for next-generation pipe integrity products. Expands on MIPS capabilities to include cement bond logs, noise logs and other station data. Supports up to 15 log tracks viewed simultaneously, enhanced DLIS importer, 3D viewing, plotting, annotations, and license-free viewer.
• Pipe Deformation Analysis (PDA) EV-Epidote's proprietary, patented in-house developed method of analysing caliper data to define 3D geometry of tubulars that are sheared, buckled or deformed. Uses inversion technique to calculate deformation geometry and provides detailed drift analysis for improved operational decisions on well access for future interventions.
• Well Integrity Log Analysis Consultancy Well integrity consultancy service from EV-Epidote covering analysis and reporting of well integrity logs, quantification of 3D geometry and drift analysis of deformed pipe, and production log analysis. Services range from survey planning advice to multi-well time-lapse corrosion analysis.
• Optis Camera Systems Family Complete range of downhole camera systems including Optis R125/R150 (real-time), Optis M125/M150/M160 (memory), Basis R125/R150/R200, and specialized variants (DrillCam, Televiewer, MagCam, UVCam, VesselCam, WedgeCam) for various conveyance methods and extreme environments up to 200\u00b0C and 20,000 psi.

Quantifiable outcome

• Up to 10% increase in productivity for wells completed with optimized frac designs identified by PerforationVA
• +5 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability6 records

Feature12 records

Partnerships

Three partnerships are on record, tiered core and flagship.

• INLINE ServicescoreTechnology or Integration · 30 October 2025EV and INLINE Services announced a strategic technical collaboration to advance Active Speed Control Pigging technology. The partnership combines EV's PigCAM visual analytics with INLINE's Speed Control Pig (SCP) technology, enabling inspection speeds up to 10 mph (4.47 m/s) without requiring drastic flow reductions in natural gas pipelines. The SCP integrates real-time telemetry, autonomous braking, and adaptive algorithms to regulate tool velocity independently of product flow rate, enhancing inspection quality, operational efficiency, and pipeline integrity management. Both companies exhibited together at ADIPEC 2025.
• Baker HughescoreTechnology or IntegrationEV's Optis Televiewer combines EV's Optis camera technology with Baker Hughes' TeleCoil system, providing real-time video while maintaining the ability to pump fluids through coiled tubing. This integration enables real-time visual diagnostics during coiled tubing operations, delivering significant time, cost and risk reduction benefits.
• Enersol (ADNOC Drilling and Alpha Dhabi Joint Venture)flagshipOthersEV is part of Enersol, a joint venture between ADNOC Drilling and Alpha Dhabi, focused on bringing advanced technology and AI-driven solutions to the energy sector. Enersol is a technology-focused energy services company transforming well performance by turning data captured in every well, tool, and component into intelligence and insight. EV operates as the Visual Analytics division within the Enersol portfolio, with full support from the parent company for both organic and inorganic growth strategies including acquisitions.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Halliburton: A major oilfield services provider whose Sperry Drilling and Wireline & Perforating segments offer downhole imaging, video diagnostics, and well integrity services that compete with EV's offerings in conventional and unconventional wells.
• NDT Global: Ultrasonic and EMAT in-line inspection provider for oil and gas pipelines. NDT Global's ultrasonic pipeline diagnostics tools are a partial substitute for EV's PigCAM visual pipeline inspections in midstream.
• Schlumberger (SLB): The world's largest oilfield services company. Schlumberger's Wireline division offers downhole video, imaging, and well diagnostics that directly overlap with EV's Visual Analytics portfolio, and it serves the same operator customer base globally.
• Rosen Group: Global provider of pipeline inspection (intelligent pigging), integrity services, and field solutions. Rosen's RoCorr UT/CDP and in-line inspection tools compete with EV's PigCAM for pipeline operator customers.
• Weatherford International: Oilfield services company providing well intervention, integrity, and downhole diagnostics solutions. Competes directly with EV in wellbore evaluation and intervention services for conventional and unconventional operators.
• T.D. Williamson: Pioneer in pipeline integrity and intelligent pigging. TDW's SmartTrack and internal pipeline inspection tools compete with EV's PigCAM-based pipeline inspection services for midstream operator customers.
• Expro Group: Specialized oilfield services company focused on well testing, intervention, and integrity. Expro's well integrity and intervention offering overlaps with EV's Visual Analytics suite in addressing operator needs for downhole diagnostics.

Emerging players

• Tendeka: Independent specialist in sand control, zonal isolation, and reservoir monitoring. Tendeka's downhole monitoring and sand control offerings partially overlap with EV's SandVA and broader well integrity Visual Analytics suite.
• Coretrax: Specialized wellbore clean-up, integrity, and zonal isolation company. Coretrax's well integrity-focused offerings overlap with EV's RestrictionVA, PlugVA, and LeakVA services for operators needing downhole diagnostics and remediation.

Broad incumbents

• Baker Hughes: Large diversified oilfield services and industrial energy technology company. Baker Hughes is both an EV partner (TeleCoil integration for Optis Televiewer) and a broader competitor with extensive well intervention, coiled tubing, and diagnostic capabilities across the same operator base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ev
• Xx.com/EV_CAM
• Facebookfacebook.com/130542343795704

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A2 records

Investments

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

Frequently asked questions about EV Offshore