GENEROC AS

What GENEROC AS does

Generoc AS is a Norwegian engineering services firm founded in 2021 and headquartered in Notodden, with a secondary office in Oslo. The company employs approximately 11 people and operates across four market segments — Marine & Offshore, Subsea, Carbon Capture & Storage (CCS), and Biogas — delivering process engineering, mechanical engineering, and EPC services to industrial clients.

The company's core offerings include proprietary Subsea Hydraulic Power Units (HPUs), BOG (Boil-Off Gas) Compressor Integration systems, Nitrogen Cabinets, and specialized LNG vessel refit engineering services. These products and capabilities target niche industrial applications in the energy transition space, particularly subsea operations and carbon capture infrastructure, where the company has secured design and project management roles on notable Norwegian and international projects including Klemetsrud CCS and Golar LNG vessel upgrades.

Generoc generates revenue through project-based consulting, design, and EPC contracts with enterprise clients in maritime, offshore, and renewable energy sectors. The business is founder-led by four co-founders, including CEO Bjørn Kristian Neumann and CTO Tor Olav Seltveit, and relies on partnerships with firms such as Nordisk Biogass, Optime Subsea, and Golar LNG to deliver projects across its four verticals.

Name

GENEROC AS

Legal name

Generoc AS

Website

https://generoc.no

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Norwegian engineering services firm providing process, mechanical, and EPC services across marine/offshore, subsea, CCS, and biogas segments, serving industrial clients in the energy transition space.

Ownership category

akta.pro rank

Headquarters

HQ city

Notodden

HQ country

Norway

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Engineering Services: Process engineering and mechanical engineering and design services, from field studies and concept design to basic and detailed engineering.
2. EPC Contracts: Full Engineering, Procurement, and Construction (EPC) process, supplying complete EPC systems to customers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Generoc provides process engineering, mechanical engineering and design, and full EPC (Engineering, Procurement, and Construction) services to enterprise clients in the energy sector. The firm delivers solutions across four market segments — Marine & Offshore, Subsea, Carbon Capture & Storage, and Biogas — covering field studies, concept and detailed engineering, procurement, construction, and project-specific technology such as the Subsea HPU developed with Optime Subsea.

Product overview

GENEROC AS is an engineering services firm offering a unified portfolio of process engineering, mechanical engineering, and EPC services for the energy sector. The company operates across four market segments: Marine & Offshore, Subsea, Carbon Capture & Storage (CCS), and Biogas. Services range from field studies and concept design through detailed engineering and construction, delivered either directly or through trusted partners. Notable project-specific products include the Subsea HPU developed with Optime Subsea and the Nitrogen in a Nutshell Cabinet system.

Differentiator

Problem solved

Functional benefit

Products and services

• Mechanical Engineering Mechanical engineering and design services spanning field studies, concept design, basic engineering, and detailed engineering, including innovative mechanical design and 3D modeling solutions for the energy sector.
• Process Engineering Process engineering services with decades of energy-sector experience across mechanical and chemical domains for hydrocarbons, methane, biogas, CO2, hydrogen, and LNG applications.
• EPC Services Full Engineering, Procurement, and Construction (EPC) services, managing the entire project lifecycle from engineering and procurement to supplying complete EPC systems, often in collaboration with trusted partners.
• Marine & Offshore Engineering Engineering solutions for marine and offshore vessels, including basic and detailed engineering, 3D scanning, studies, and regas integration, delivered at globally competitive prices to maritime-sector clients.
• Subsea Engineering & Components Subsea engineering services and development of subsea components and technology for offshore and subsea suppliers, including co-developed subsea HPUs.
• Carbon Capture & Storage (CCS) Engineering Design and engineering services for carbon capture and storage projects, including CCS plant designs for 10K and 100K ton capacities, technical studies, and offshore CCS solutions.
• Biogas Engineering Process and technology development plus basic and detailed engineering for biogas suppliers, delivered in partnership with Nordisk Biogass to roll out biogas plants across Norway using Greenfarm technology.
• LNG Vessel Refit Services Upgrade services for LNG vessels, including amine loop upgrades, detailed engineering, stress calculations, support design, and procurement of PSVs and pipe spools.
• Subsea HPU (Hydraulic Power Unit) Groundbreaking Subsea Safety HPU designed in cooperation with Optime Subsea, including the mSHPU micro variant for All Electric XT systems. The Subsea HPU is standard-fitted on Equinor and Chevron Xmas trees.
• Nitrogen in a Nutshell Cabinet Industrial-grade all-stainless nitrogen cabinet utility station built with ½" tubing, NPT fittings, valves, regulators, and pressure transmitters for inerting, purging, and process control applications.
• BOG Compressor Integration Optimization and integration of Boil-Off Gas compressors with efficient piping design, including basic engineering, detailed engineering with ISOs, stress calculations, and support design for LNG vessels and terminals.

Named customers5 records

Segments4 records

Ideal customer profiles4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Nordisk BiogasscoreStrategic or Co-development PartnerGeneroc is a partner with Nordisk Biogass delivering biogas plants across Norway. Nordisk Biogass supplies Greenfarm biogas technology, with Generoc providing engineering and design services.
• Golar LNGcoreStrategic or Co-development PartnerOngoing partnership with Golar LNG for various vessel upgrades and refits worldwide, including Golar Hilli LNG vessel upgrade at Kribi port in Cameroon. Projects include Amine loop upgrades, BOG compressor integration, and comprehensive engineering.
• Optime SubseacoreStrategic or Co-development PartnerCooperation with Optime Subsea for design and development of Subsea Safety HPU (mSHPU) technology. The mSHPU is tailored for integration into All Electric XT systems and will be standard fitted on Equinor and Chevron XMas trees.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Regional players

• Multiconsult: Multiconsult is a leading Norwegian engineering consultancy covering energy, buildings, transport and water. It is comparable to Generoc as a Norwegian-headquartered process and mechanical engineering firm, though Multiconsult operates across many sectors beyond energy at significantly larger scale.
• COWI: COWI is a Nordic-headquartered engineering consultancy with a Norwegian energy practice covering subsea, offshore wind and CCS studies. It is comparable to Generoc as a Northern-European process and mechanical engineering services firm, but with a much broader sector portfolio.
• Kongsberg Maritime: Kongsberg Maritime is a Norwegian marine technology and engineering firm serving LNG carriers, FSRUs and offshore vessels. It is comparable to Generoc in marine/offshore engineering for LNG and vessel refits, though Kongsberg focuses on integrated systems and controls rather than EPC.
• Ramboll: Ramboll is a Nordic engineering consultancy with energy transition practices spanning offshore wind, hydrogen, CCS and district energy. It competes with Generoc for engineering mandates in Nordic energy transition projects but at significantly larger size and broader service mix.

Broad incumbents

• Aker Solutions: Aker Solutions is Norway's largest energy EPC and subsea engineering contractor, serving oil & gas, CCS and offshore wind customers globally. It is comparable to Generoc as a fellow Norwegian engineering and EPC firm operating across CCS, subsea and offshore, but at vastly greater scale and scope.
• Worley: Worley is a global energy, chemicals and resources project services and EPC firm with a strong Norwegian presence through the legacy Jacobs Energy & Chemicals business. It is comparable to Generoc as a process and mechanical engineering EPC contractor for energy transition, CCS and LNG projects, but operates at global scale.
• TechnipFMC: TechnipFMC is a global technology and EPC provider for the energy industry, with deep subsea, LNG and offshore credentials and a Norwegian engineering hub. It competes with Generoc in subsea systems engineering, LNG and offshore project work, but as a much larger integrated player.
• Subsea 7: Subsea 7 is a global subsea engineering, construction and services contractor with major Norwegian operations. It is comparable to Generoc in subsea and offshore engineering scope but at substantially larger scale and a more project-execution focus.

Direct peers

• Optime Subsea: Optime Subsea is a Norwegian subsea technology company specializing in remotely operated subsea control and intervention systems, including the XMas tree platform co-developed with Generoc. It is a direct comparable peer in subsea engineering and product development for the Norwegian offshore market.
• Apply Sørco: Apply Sørco is a Norwegian engineering and fabrication services firm serving marine, offshore and energy customers. It is a direct comparable peer to Generoc as a mid-sized Norwegian engineering services and EPC provider focused on process and mechanical work for energy and marine clients.

Market position

Strengths5 records

Competitive moat3 records

Key risks6 records

Customer concentration

• LinkedInlinkedin.com/company/ntp-as

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&A

Investments

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

Frequently asked questions about GENEROC AS