What Add energy group does

Add Energy Group is a Norway-origin international consultancy serving the energy and maritime industries, headquartered historically in Stavanger with operations integrated into ABL Group's London corporate base at 1st Floor, Northern & Shell Building. Founded in 1986, the firm delivered engineering and consulting services across technical due diligence, owner's engineering, project development, HSEQ and risk consulting, marine operations engineering, geotechnical and geophysical services, and asset integrity management for oil & gas, renewables, offshore wind, hydrogen, and energy transition clients. Its portfolio also included marine warranty surveys, dynamic positioning certification, rig inspections, casualty management, and expert witness services for maritime operators, ports, defence contractors, and yacht operators.

The company developed and maintained proprietary software products — Effio™ (marine casualty management), ePAV™ (expert witness and litigation support), and emiTr (energy tracking and monitoring) — operated under the ABL Group Loss Management division after integration. These tools are registered trademarks and represent the firm's distinct software footprint alongside its consulting practice. Add Energy operates under an integrated ISO 9001/14001/45001 HSEQ certification regime that covers quality, environmental, and occupational health and safety management systems.

Add Energy's commercial model is professional services: project-based engineering consulting engagements typically quoted per engagement rather than via subscription or product licensing. Revenue is therefore tied to enterprise-level consulting contracts in energy and marine sectors, distributed via direct sales through what is now ABL Group's and AGR's enterprise sales channels. The company has been wholly integrated into ABL Group (parent Aqualis ASA) as of 2024, with the Asset & Integrity Management division absorbed into ABL and Drilling, Well Control, Safety & Risk Engineering services absorbed into AGR. Add Energy no longer operates as an independent commercial entity.

Name

Add energy group

Legal name

Add Energy Group

Website

https://addenergy.no

Company type

Private

Founded year

1986

Operating status

Acquired

Headcount range

251–500 employees

Short description

Add Energy Group is a Norway-founded international energy and marine consultancy providing technical due diligence, asset integrity management, drilling and well control engineering, and HSEQ consulting, with proprietary software products Effio™, ePAV™, and emiTr. The firm was integrated into ABL Group in 2024.

Ownership category

akta.pro rank

Product category

Energy and Marine Engineering Consulting

NAICS

Engineering Services (54133), Architectural, Engineering, and Related Services (5413), Environmental Consulting Services (541620)

SIC

Services-Engineering Services (8711), Oil & Gas Field Services, Nec (1389), Oil & Gas Field Exploration Services (1382)

akta.pro primary industry

Energy Systems & Power Engineering Consulting (BPAHAIAG)

akta.pro secondary industries

Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence) (EUAMAGAJ), Development Management & Owner’s Engineering (Design Basis, Yield, Technical Due Diligence) (EUAMAAAG)

Keywords

• Energy consulting services
• Marine engineering consulting
• Asset integrity management
• Offshore technical due diligence
• Drilling well control consulting

Headquarters

HQ city

Stavanger

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Consulting Services: Engineering and consulting services for energy and marine sectors including technical due diligence, owner's engineering, project development, HSEQ and risk consulting, and marine operations engineering

Distribution channels1 record

Marketing channels1 record

Core offering

Add Energy Group is an international consultancy provider for the energy and marine industries, delivering technical due diligence, owner's engineering, project development, HSEQ and risk consulting, marine operations engineering, asset integrity management, drilling and well control engineering, and clean shipping services. The firm supports its consulting engagements with proprietary software products including Effio™, ePAV™, and emiTr. Its clients operate across oil and gas, renewables, maritime, and energy transition segments.

Product overview

Add Energy Group has been integrated into two ABL Group companies. The company operated as a portfolio of energy and marine consulting services comprising software products (Effio™, ePAV™, emiTr) for loss management and expert witness support, along with technical consulting services. The Asset & Integrity Management division is now a service line within ABL, while Drilling, Well Control, Safety & Risk Engineering services are now part of AGR. The product portfolio includes specialized marine casualty management software and integrity engineering consulting services for the energy and maritime industries.

Differentiator

Problem solved

Functional benefit

Products and services

• Effio™ Marine casualty management software offered by ABL Group's Loss Management division, used for managing casualty response workflows following Add Energy's integration into ABL Group.
• ePAV™
• emiTr
• Asset & Integrity Management Services
• Drilling, Well Control, Safety & Risk Engineering Services
• Technical Due Diligence
• Owner's Engineering and Construction Monitoring
• Project Development Services
• HSEQ and Risk Consulting
• Marine Operations Engineering
• Marine Surveys, Inspections and Audits
• Marine Warranty Survey
• Marine Casualty Management Services
• Expert Witness and Litigation Support

Segments2 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• ABL GroupcoreStrategic or Co-development Partner · 1 February 2024Add Energy's Asset & Integrity Management division was integrated into ABL Group as a service line within ABL's consulting and engineering division. This integration combines Add Energy's expertise with ABL's global energy and marine consulting network.
• AGRcoreStrategic or Co-development Partner · 1 February 2024Add Energy's Drilling, Well Control, Safety & Risk Engineering services were integrated into AGR (part of ABL Group). This consolidation brought together specialized well engineering and safety consulting capabilities under AGR's portfolio.

Recent moves6 records

Expansion highlights4 records

Direct peers

• ABL Group: Parent company of Add Energy following the 2024 integration; ABL Group is an energy and marine consultancy covering technical due diligence, owner's engineering, marine warranty survey, and loss prevention. Essentially the combined platform into which Add Energy's Asset & Integrity Management division was absorbed.
• AGR (AGR Software / Aker Solutions' well unit): Sister company within ABL Group that absorbed Add Energy's drilling, well control, safety, and risk engineering services. AGR provides well engineering and reservoir management consulting for upstream oil & gas—a near-perfect overlap with the displaced Add Energy service line.
• Aqualis ASA: Ultimate parent company of ABL Group (and by extension Add Energy post-integration); an Oslo-listed offshore energy and marine consulting platform. Aqualis operates ABL and AGR as operating subsidiaries, providing the strategic backdrop for Add Energy's combined consulting offerings.

Broad incumbents

• DNV: Global assurance and risk management provider with deep expertise in maritime, oil & gas, and renewable energy certification, technical advisory, and verification. DNV is a primary competitor in marine warranty surveys and energy technical due diligence where Add Energy operates.
• Bureau Veritas: Major testing, inspection, and certification (TIC) company with marine and offshore energy service lines. Bureau Veritas competes directly in marine surveys, rig inspections, and asset integrity management—the same core offerings Add Energy delivers.
• Wood Group: Global engineering and consulting firm serving energy, oil & gas, and renewables markets with consulting, project delivery, and asset management services. Wood overlaps with Add Energy's owner's engineering, technical due diligence, and energy transition consulting.
• Worley: Energy, chemicals, and resources project services company providing consulting, engineering, and asset management across upstream, midstream, renewables, and hydrogen. Competes with Add Energy/ABL across owner's engineering and energy transition advisory.
• RPS Group (part of Tetra Tech): Professional services firm providing consulting across energy, marine, and environmental sectors—including offshore engineering, marine survey, and technical due diligence. Significant overlap with Add Energy's marine and energy consulting practices.
• Lloyd's Register: Maritime classification society and energy business advisory offering vessel surveys, marine warranty, offshore energy certification, and asset integrity services. Direct overlap with Add Energy's marine warranty survey and rig inspection capabilities.
• TÜV SÜD: Global testing, inspection, certification, and advisory firm with industrial and energy service lines. Overlaps with Add Energy/ABL in asset integrity management, HSEQ consulting, and renewable energy advisory.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks2 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors2 records

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 Add energy group