Ross Offshore

What Ross Offshore does

Ross Offshore is a Stavanger-headquartered upstream oil and gas consultancy, founded in 1997 and now operating as part of AGR following Aqualis ASA's May 2024 acquisition of Moreld Ross Offshore. The firm delivers project management, engineering, and technical consultancy across the upstream lifecycle — well management and engineering, marine and subsea operations, reservoir management and subsurface evaluation, wellsite and operations geology, well control and blowout contingency, technical safety and risk management, decommissioning, and technical staffing and recruitment. It serves enterprise oil and gas operators globally and supports safety-critical operations including well kill and emergency response, with ISO 9001, ISO 45001, and ISO 14001 certifications underpinning its quality and safety positioning.

The offering is built on a platform-plus-modules architecture: a core specialist consultancy capability augmented by the proprietary iQx™ software platform. Combined with AGR, Ross Offshore contributes to a pool of 500+ specialists operating from six offices in Norway with access to 40+ offices globally via the Aqualis network, covering Norway, the UK, Europe, Africa, Asia Pacific, Malaysia, MENA, and the Americas. Following the May 2024 combination, the business has also expanded into energy-transition service lines — Carbon Capture Storage and Utilisation, Geothermal, Hydrogen, and Deep Seabed Minerals — positioning the combined AGR/Ross Offshore entity for the low-carbon transition.

The business model is B2B project-based professional services: revenue is generated through custom, quote-based engagements tied to project scope, duration, and specialist requirements, typically structured as multi-year contracts. The go-to-market is consultative enterprise field sales with dedicated account management targeting oil and gas operators, energy companies requiring well control, and energy companies seeking technical personnel. Pricing is not publicly disclosed, and no customer logos or revenue figures were disclosed in the source material.

Name

Ross Offshore

Website

http://www.rossoffshore.no

Company type

Private

Founded year

1997

Operating status

Acquired

Headcount range

101–250 employees

Short description

Ross Offshore is a Stavanger-headquartered upstream oil and gas consultancy providing well management, drilling, marine, subsurface, well control, and decommissioning services, alongside technical staffing and the iQx™ software platform, now operating under AGR following its May 2024 acquisition by Aqualis ASA.

Ownership category

akta.pro rank

Headquarters

HQ city

Stavanger

HQ country

Norway

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Consultancy Services: Professional engineering and technical consultancy services for well management, marine operations, subsurface evaluation, and technical safety. Revenue generated through project-based engagements and long-term service contracts with energy companies.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Ross Offshore delivers technical consultancy and project management services to the upstream oil and gas industry, covering well management, drilling and wells engineering, marine and subsea operations, subsurface and reservoir evaluation, well control and blowout contingency, technical safety, decommissioning, and technical staffing. The company also offers the iQx software platform and is expanding into low-carbon solutions including carbon capture, geothermal, hydrogen, and deep seabed minerals. Since May 2024, it operates as part of AGR following acquisition by Aqualis ASA.

Product overview

Ross Offshore, now part of AGR, offers a comprehensive portfolio of subsurface, drilling and wells, marine and survey management services, and technical staffing solutions. The company operates as a platform-plus-modules architecture with specialized services including Well Management & Engineering, Marine & Subsea Operations, Subsurface & Asset Evaluation, Well Control & Blowout Contingency, Wellsite & Operations Geology, Technical Safety & Risk Management, Decommissioning, and Technical Staffing & Recruitment. The offering is complemented by iQx™ software platform. Following the May 2024 acquisition by AGR's parent company Aqualis ASA, the combined entity delivers over 500+ specialists across 6 offices in Norway and access to 40+ offices globally through the Aqualis network.

Differentiator

Problem solved

Functional benefit

Products and services

• Well Management Comprehensive well management services for oil and gas operators, covering planning, execution oversight, and delivery of well projects across the upstream lifecycle.
• Well Engineering Engineering services for well design, construction, and optimization across upstream oil and gas projects.
• Marine & Subsea Operations Marine operations and subsea solutions including vessel management for offshore energy projects.
• Reservoir Management & Subsurface Subsurface evaluation and reservoir management services for upstream oil and gas operators.
• Asset Evaluations and Reserves Asset evaluation and reserves assessment services for upstream oil and gas clients.
• Well Control & Blowout Contingency Emergency well control services and blowout contingency planning for high-risk well operations, including 24/7 specialist response.
• Wellsite & Operations Geology Geological services at wellsites during drilling operations, providing real-time subsurface interpretation.
• Technical Safety & Risk Management Safety assessment and risk management services for energy and marine projects.
• Decommissioning Well and facility decommissioning services for end-of-life upstream assets.
• Technical Staffing & Recruitment Technical personnel placement and recruitment services, providing specialist consultants to energy projects.
• Carbon Capture, Storage and Utilisation Low carbon solutions for carbon capture, storage, and utilization for energy transition clients.
• Geothermal Geothermal energy solutions as part of low-carbon and energy transition offerings.
• Hydrogen Hydrogen energy solutions for the energy transition.
• Deep Seabed Minerals Deep seabed mineral exploration and assessment services.
• iQx™ Software Platform Proprietary software platform for industry-specific solutions supporting well and reservoir workflows.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• AGRcoreStrategic or Co-development Partner · 1 May 2024In May 2024, Ross Offshore (via Moreld Ross Offshore) was 100% acquired by AGR's parent company Aqualis ASA (formerly ABL Group, ticker code ABL pending change to AQUA). The companies combined to deliver integrated subsurface, drilling and wells, marine and survey management services, and consultant placements under one roof.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• AGR (now part of Aqualis ASA): Pre-May 2024, AGR was a direct competitor in well management, drilling and wells, and subsurface services; Ross Offshore has since been folded into AGR, so AGR is now effectively the combined entity rather than a peer.
• RPS Group: UK-headquartered technical consultancy to the energy sector, with strong overlap in well engineering, subsurface, marine and environmental services — directly comparable in business model and customer base to Ross Offshore.
• LR Senergy (Lloyd's Register Energy): Well management and subsurface consultancy unit of Lloyd's Register, competing head-to-head in upstream technical services, well engineering, and reserves evaluation for global operators.

Broad incumbents

• Petroleum Geo-Services (PGS): Norwegian geoscience and subsurface data company, overlapping with Ross Offshore on reservoir and subsurface services but with a much larger geophysical acquisition and imaging business.
• TGS: Norwegian provider of multi-client geoscience data and subsurface intelligence for the upstream industry; competes on subsurface and reservoir evaluation services, though primarily data-licence driven.
• CGG: French geoscience company offering seismic acquisition, subsurface imaging, and reservoir characterisation; directly comparable to Ross Offshore's subsurface and reservoir management offerings but at a much larger scale.
• Worley: Global energy, chemicals and resources project services and consultancy; competes with Ross Offshore on drilling, wells, subsurface and decommissioning scopes as part of a broader portfolio.
• Aker Solutions: Major Norwegian oilfield services and engineering firm; overlaps with Ross Offshore on drilling, wells, and subsea/marine scopes and shares the Norwegian Continental Shelf client base.
• Subsea 7: Global subsea engineering, construction and services company; relevant peer for Ross Offshore's marine, survey and subsea operations service line, though at a much larger scale and with an EPC-heavy model.

Regional players

• IKM Gruppen: Norwegian oilfield services group with strengths in subsea, marine, and operations support; directly comparable to Ross Offshore's marine and survey management offering, primarily focused on the Norwegian market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Ross Offshore