Novawell

What Novawell does

Novawell is a privately held French engineering, manufacturing and field-services company headquartered in Montpellier, founded in 2014 with 11–50 employees. It operates three divisions — Oilfield Subsea, Wind Farm Subsea, and Hydraulic & Gas Systems — delivering subsea inspection, integrity management and engineering services to offshore oil & gas operators, offshore wind developers, and EPCI contractors, alongside high-pressure hydraulic and gas equipment to the global process, defence and nuclear industries.

The technology base is built on a portfolio of proprietary subsea tools designed and manufactured in-house: the Poseidon APEC and Poseidon UT electromagnetic and ultrasonic inspection systems for wall-thickness and corrosion mapping (through coatings up to 150mm thick), the RATP portable test packs for flexible riser annulus testing, the SICOM ROV-deployed subsea electrical line testing unit for static umbilicals, OTDR-based optical fiber testing over hundreds of kilometres, and the PETROCHEMIS modular chemical injection unit range. Hydraulic and gas product lines cover hydraulic power units, pressure test units (liquid up to 60,000 psi, gas up to 22,500 psi), flushing and filtration units, hydraulic control panels and special projects, certified to DNV 2.7 for offshore lifting and ATEX for explosive environments.

The business model combines project-based professional services (subsea engineering, SURF precommissioning, inspection campaigns, decommissioning, third-party audits and expertise) with hardware revenue from sale and rental of hydraulic and subsea equipment, plus a maintenance and repair service line. Pricing is quote-based rather than published. The go-to-market is direct enterprise field sales targeting major oil companies, drilling OEMs and EPCI contractors, supported by representative offices and local partners across Africa, Europe and the Middle East, with roughly 70% of activity conducted outside France. Named operational signals include more than 200 flexible risers tested annually and audits of over 50 high-pressure hydraulic test units per year for a major drilling equipment manufacturer.

Name

Novawell

Legal name

NOVAWELL

Website

https://novawell.net

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Novawell is a Montpellier-based French engineering firm delivering proprietary subsea inspection tools (Poseidon, RATP, SICOM), SURF and integrity services to offshore oil & gas and wind operators, plus high-pressure hydraulic and gas equipment to the global process, defence and nuclear industries.

Ownership category

akta.pro rank

Product category

Subsea Engineering and Integrity Services

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Fluid Power Pump and Motor Manufacturing (333996), Pump and Compressor Manufacturing (33391)

SIC

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

akta.pro primary industry

Subsea Services & Equipment (Subsea Trees, Umbilicals, Installation, IMR) (EUALABAI)

akta.pro secondary industry

Hydraulic Power Units & Systems (HPUs, Manifolds, Integrated Circuits) (IMAHAGAB)

Keywords

• Subsea engineering services
• Offshore pipeline inspection
• High pressure hydraulic systems
• Flexible riser integrity testing
• Offshore wind maintenance

Headquarters

HQ city

Montpellier

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Equipment Sales: Design, manufacture and sale of hydraulic power units, pressure test units, chemical injection units, flushing & filtration units, hydraulic control panels, and special custom projects. Equipment available for purchase with certification per DNV 2.7 and ATEX standards.
2. Equipment Rental: Rental of hydraulic and gas systems including pressure test units and other mobile skids for temporary site operations.
3. Engineering & Technical Services: Subsea engineering, inspection, testing, commissioning, maintenance, and decommissioning services for offshore oil & gas and wind energy sectors.
4. Audit & Expertise Services: Third-party audit and expertise services for HP equipment manufacturers and owners, including annual audits, incident investigations, and FAT supervision.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Novawell delivers subsea services to the offshore oil & gas and marine renewable energy sectors, and manufactures advanced hydraulic and gas systems for the global process industry. The company operates three divisions — Oilfield Subsea, Wind Farm Subsea, and Hydraulic & Gas Systems — covering subsea engineering, inspection, testing, precommissioning and decommissioning, as well as the design, fabrication, sale and rental of high-pressure hydraulic power units, pressure test units, chemical injection units, flushing and filtration units, and hydraulic control panels.

Product overview

NOVAWELL is a French engineering, manufacturing, and services company organized into three divisions: Oilfield Subsea, Wind Farm Subsea, and Hydraulic & Gas Systems. The company provides subsea services to the offshore oil & gas and marine renewable energy sectors, and advanced hydraulic and gas systems to the global process industry. The product portfolio includes specialized inspection tools (Poseidon APECTM, Poseidon UTTM, RATPTM, SICOMTM), hydraulic power and control equipment (HPU, PTU, CIU, FFU, HCP), and comprehensive engineering and maintenance services. Units are available for sale or rental and can be certified for offshore lifting (DNV 2.7) and explosive environments (ATEX). The company operates internationally with approximately 70% of activities conducted abroad.

Differentiator

Problem solved

Functional benefit

Brands

• PETROCHEMIS: Range of standardised, modular Chemical Injection Units (CIUs) specifically designed for onshore and offshore oil fields, refineries and chemical plants
• RATPTM
• Poseidon APECTM
• Poseidon UTTM
• SICOMTM
• Poseidon X2
• Poseidon X6
• POSÉIDONT

Products and services

• Oilfield Subsea Engineering Subsea engineering assistance for oil companies and EPC contractors, focused on brownfield projects and life-of-field maintenance activities including installation, commissioning and inspection procedures.
• SURF Precommissioning Precommissioning services for subsea umbilicals, risers and flowlines including flushing, pressure testing, leak testing, cleaning, dewatering, drying and pigging operations.
• Subsea Pipeline & Structure Inspection (Poseidon APECTM and Poseidon UTTM) Non-intrusive ROV inspection services for measuring remaining wall thickness and corrosion mapping of subsea pipelines and structures using the Poseidon APEC electromagnetic screening tool (through coating up to 150mm) and the Poseidon UT high-definition ultrasonic mapping tool (360-degree measurement at +/-0.2mm accuracy).
• Flexible Riser Annulus Testing (RATPTM) Flexible riser integrity assessment service using proprietary Riser Annulus Test Packs enabling annulus gas sampling, vent port flow testing, vacuum testing, free volume determination and positive pressure testing, with the ability to test two risers simultaneously and independently.
• Subsea Electrical Line Testing (SICOMTM) ROV-deployed subsea electrical line testing service for continuity and insulation resistance measurements, including high-voltage insulation resistance tests for static umbilicals and electrical flying leads, compatible with all subsea connectors on the market.
• Subsea Optical Fiber Testing Testing and advanced analysis of subsea optical fibers using Optical Time Domain Reflectometry (OTDR) for performance verification and fault localization over hundreds of kilometers.
• Subsea Equipment & Tooling R&D

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Market position

Strengths5 records

Weaknesses1 record

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Novawell