Minox Technology

What Minox Technology does

Minox Technology AS is a Norwegian engineering company that designs, develops, and manufactures chemical-free deoxygenation systems for the offshore oil & gas and onshore process industries. The company's core product line — Minox Compact and Minox Tower — uses closed-loop nitrogen stripping through static mixers or structured packing to remove dissolved oxygen from seawater and process water, eliminating the need for oxygen-scavenging chemicals and reaching less than 20 ppb residual oxygen. The platform has been continuously developed across five generations since 1991, with the most recent (5th Generation, announced 2023-09) replacing the traditional compressor with an Eductor/Liquid Jet Compressor and adding a digital process twin for remote monitoring and predictive maintenance. Adjacent product lines include Minox DryGas for natural gas dehydration, Compact Lye Remover and DeOxo Dryer for hydrogen processing, the patent-pending Variable Flow Scrubber, and an early-stage Compact CO2 Capture system targeting offshore gas turbines.

Minox sells primarily through direct enterprise field sales coordinated from Notodden, Norway, supported by a global agent network and wholly-owned local operations in Nigeria and Azerbaijan (Minoxaz). Revenue streams comprise custom-engineered skid-mounted system hardware sales (including complete EPCIC water injection packages), rebuild and upgrade services for legacy vacuum and fuel gas deaerators, plus recurring life-of-field services (remote monitoring, inspections, commissioning, spare parts, and operator training) under contracts with a 24-hour weekday response guarantee. The company holds ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and Achilles pre-qualification certifications and reports a 30+ system installed base with marquee customers including Shell Nigeria, Equinor (Snorre A, first unit 1991), Norsk Hydro, and a major Gulf of Mexico operator.

Since December 2023, Minox has operated as a subsidiary of Apply AS within Moreld Group, a ~3,000-employee industrial engineering platform spanning 19 countries. The company is private, headquartered in Notodden, Norway, with 11–50 employees and offices in Norway, Nigeria, and Azerbaijan. Strategic priorities include decarbonization-aligned extensions of the nitrogen-stripping platform into hydrogen production and offshore CO2 capture, alongside deepening service revenue from the existing installed base.

Name

Minox Technology

Legal name

Minox Technology AS

Website

https://minox.no

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

11–50 employees

Short description

Minox Technology is a Norwegian engineering firm that designs and manufactures chemical-free nitrogen-stripping deoxygenation systems for offshore oil & gas operators and onshore process industries, with 30+ systems delivered since 1991 and life-of-field service operations in Nigeria and Azerbaijan.

Ownership category

akta.pro rank

Product category

Industrial Deaeration Equipment for Oil & Gas

NAICS

Pump and Compressor Manufacturing (33391)

SIC

Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Separation & Filtration Equipment (Filters, Centrifuges, Membranes) (IMAHAEAB)

akta.pro secondary industries

Produced Water & Upstream Water Management (EUALAAAL), Water & Wastewater Treatment Plant Equipment (Clarifiers, Aeration, Membrane Systems) (IMAHAEAJ), Industrial Drying & Evaporation Equipment (Dryers, Evaporators, Crystallizers) (IMAHAEAD)

Keywords

• Deoxygenation systems
• Water injection equipment
• Nitrogen stripping technology
• Offshore process equipment
• Gas dehydration systems

Headquarters

HQ city

Notodden

HQ country

Norway

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Deaeration System Sales: Sale of Minox Compact and Tower deaeration systems for seawater injection, process water, and cooling water applications. Systems are custom-built, skid-mounted units sold to offshore and onshore operators
2. Maintenance and Service Contracts: Service contracts tailor-made to customer requirements, including remote monitoring, inspections, and operational assistance. 24-hour response time guarantee on weekdays
3. Training Services: General and tailor-made operational and maintenance training courses, both theoretical classroom and practical hands-on formats. Best practice courses for operators and supervisors since 2016
4. Start-up and Commissioning: Professional assistance during start-up and commissioning phases of new and upgraded systems by experienced supervisors with in-house engineering support
5. Spare Parts and Upgrades: Supply of spare parts and system upgrades, including conversion of older generation systems to 4th generation technology with cyclonic internals, improved compressors, and enhanced control systems
6. EPCIC Water Injection Systems: Complete water injection systems delivered as EPCIC (Engineering, Procurement, Construction, Installation, Commissioning) provider for floating and fixed facilities

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Minox Technology AS designs, manufactures, and services chemical-free deoxygenation systems (Minox Compact and Minox Tower) that remove dissolved oxygen from seawater and process water using proprietary nitrogen stripping technology with closed-loop regeneration. The portfolio extends to gas dehydration (Minox DryGas), hydrogen processing components (Compact Lye Remover, DeOxo Dryer), and a developing Compact CO2 Capture System, sold primarily to offshore oil & gas operators and onshore process industries under custom-engineered project and service contracts.

Product overview

Minox Technology offers a comprehensive portfolio of water and gas treatment systems for the offshore oil & gas and onshore process industries. The core product line centers on the Minox deaeration technology (Compact and Tower systems) for chemical-free oxygen removal from seawater, supporting enhanced oil recovery. The portfolio expands into gas treatment (DryGas dehydration, Variable Flow Scrubber, Compact Gas Washer) and hydrogen solutions (Compact Lye Remover, DeOxo Dryer). The company provides rebuild/upgrade services for existing fuel gas and vacuum towers, plus complete EPCIC water injection systems. All systems utilize nitrogen stripping technology with the company's proprietary chemical reactor for nitrogen regeneration (99.995% purity achieved). The 5th generation Minox Compact, announced in 2023, introduces hydrogen-fueled operation with digital twin capabilities for remote monitoring and AI-based optimization.

Differentiator

Problem solved

Functional benefit

Brands

• Minoxaz: Branch office in Azerbaijan for service operations in the Caucasus region.

Products and services

• Minox Compact Deaeration System Compact, skid-mounted deaeration system that removes dissolved oxygen from seawater and process water using two-stage nitrogen stripping through static mixers without scavenger chemicals; customizable for offshore and onshore installations.
• Minox Tower Deaeration System Deaeration system using counter-current nitrogen flow over structured packing for water deoxygenation under atmospheric or positive pressure; sustainable alternative to vacuum and fuel gas deaerators and conversion target for existing towers.
• Minox DryGas Dehydration System Innovative, compact and lightweight system for dehydration of natural gas based on static mixers and high-efficiency separation; lower weight, flexible installation, independence from vessel movement, and reduced TEG circulation at high pressure and low temperature.
• Compact CO2 Capture System Amine-based compact absorber system for post-combustion CO2 capture designed for offshore deployment where conventional solutions are too large and heavy; targets 200,000 tonnes CO2/year per offshore gas turbine installation as an alternative to shore electrification.
• Compact Lye Remover (CLR) Compact system using venturi-effect mixing of gas streams with potable water in an inline mixer to remove alkali hydroxides (lye) from hydrogen and oxygen streams downstream of electrolysis separator vessels.
• DeOxo Dryer Hydrogen gas deoxygenation and drying system that combines hydrogen and oxygen in a catalytic reactor to form water, followed by a drying step for water removal prior to compression and storage.
• Maintenance and Service Contracts Tailor-made service and maintenance contracts including remote monitoring, inspections, and operational assistance for installed Minox deaeration systems, with 24-hour response guarantee on weekdays.
• Training Services General and tailor-made operational and maintenance training courses delivered in theoretical classroom and practical hands-on formats, including best-practice courses for operators and supervisors of Minox systems.
• Start-up and Commissioning Services Professional start-up and commissioning assistance for new and upgraded Minox deaeration systems, delivered by experienced supervisors backed by in-house engineering support.
• Spare Parts and System Upgrades Supply of spare parts plus system upgrades, including conversion of older generation deaeration systems to 4th generation technology with cyclonic internals, improved compressors, and enhanced control systems.
• EPCIC Water Injection System Delivery Complete water injection systems delivered on EPCIC basis (Engineering, Procurement, Construction, Installation, Commissioning) for floating and fixed offshore facilities, handling all interfaces and deliverables for optimized lead time, cost, and injection water quality.

Quantifiable outcome

• Reduction of maintenance requirements through 5th generation Eductor technology
• +5 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature9 records

Partnerships

Seven partnerships are on record, tiered important, flagship, regional and core.

• ProSepimportantStrategic or Co-development Partner · 1 November 2022Technology partner in the CLIMIT-funded Compact Carbon Capture system development project, bringing additional financial and technological support alongside Gassnova and Repsol.
• Repsol NorgeflagshipStrategic or Co-development Partner · 31 May 2022Strategic partner in Compact CO2 capture proof of concept project. Repsol brings industry knowledge and financing to the project targeting 200,000 tonnes CO2/year capture from offshore gas turbines. Collaboration ongoing late 2022-2023.
• University of South-Eastern Norway (USN)importantStrategic or Co-development Partner · 31 May 2022Academic partner in Compact CO2 capture project, hosting the pilot-scale system at their CO2 rig facilities. Collaboration on proof of concept verification of absorption and energy efficiency of amine-based compact absorber.
• Shell NigeriaflagshipOthers · 28 January 2022Major customer for 2 new Minox Compact deoxygenation systems for Bonga Main FPSO. Contract includes establishing local operation in Nigeria for Shell and West African market service. Minox now has 6 systems operating in Nigerian deep-water.
• Caucasus Consulting Group of Companies (CCGC)regionalChannel Partner/ Reseller/ Distributor · 1 December 2021Services agreement to develop Minoxaz branch office in Azerbaijan. CCGC enables Minox to strengthen presence in the Caspian region and expand business with new and existing clients in the area.
• University of South-Eastern Norway (USN)importantStrategic or Co-development Partner · 22 November 2021Collaboration on Industry Master program in Systems Engineering. Minox joined USN's recognized Industry Master program, offering students temporary paid part-time jobs while studying. Benefits include bridging gap between practice and theory.
• Apply AScoreStrategic or Co-development PartnerSubsidiary company under Moreld Group. Minox Technology AS is a subsidiary of Apply AS and part of Moreld Group structure.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Pentair: Water-treatment and flow-control company supplying filtration, separation, and process water equipment to industrial and energy customers. Comparable for the overlap with Minox's separation, filtration, and deaeration product families.
• Pall Corporation (Danaher): Filtration, separation, and purification specialist serving oil & gas, aerospace, and industrial customers. Comparable because its filtration/separation products are used in similar upstream water treatment and gas processing contexts as Minox's membrane and contactor systems.
• Aker Solutions: Major Norwegian offshore engineering and EPC company serving upstream oil & gas. Comparable as a potential integrator / channel for Minox's water injection and CO2 capture systems, with overlapping Norwegian offshore customer base (Equinor, Shell).
• Xylem: Major water-technology company with deep exposure to industrial water treatment, including deoxygenation and pumping. Comparable because it serves overlapping O&G and process-industry customers with related treatment, metering, and pumping equipment.
• Suez Water Technologies & Solutions: Large water-treatment provider with significant upstream and process-industry presence. Comparable as a competing supplier of oxygen-scavenging and chemical-treatment systems for injection water, though Suez is a portfolio player rather than a niche compact-deaeration specialist.
• Veolia Water Technologies: Global water-treatment incumbent offering deaeration, filtration, and process water systems to oil & gas and industrial customers. Comparable because it addresses the same core dissolved-oxygen and corrosion problem at industrial scale, though Veolia's portfolio is far broader and not specialized for compact offshore deployment.

Emerging players

• Aker Carbon Capture: Norwegian-headquartered carbon capture company pursuing compact and modular CCS solutions for offshore and industrial emitters. Comparable because it is pursuing the same compact-CO2-capture-for-offshore-gas-turbines use case Minox is developing with Repsol.

Direct peers

• H2O Innovation: Specialty water-treatment systems integrator focused on membrane filtration and process water for industrial and energy customers. Comparable as a smaller, specialized systems provider competing for similar industrial water treatment contracts.

Others

• Donaldson Company: Filtration and gas purification equipment supplier serving industrial and energy markets. Comparable as an adjacent supplier of air/gas purification and separation equipment, though Donaldson focuses on gas-phase purification rather than water deoxygenation.
• Atlas Copco: Global compressor and vacuum-equipment manufacturer. Comparable because Minox's 5th generation Eductor replaces a traditional compressor and the two companies are adjacent in compressed-air/gas equipment supply to offshore and process customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Minox-Technology-2351457471771334
• LinkedInno.linkedin.com/company/minox-technology-as

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

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 Minox Technology