What Odda Technology does

Odda Technology AS is a Norwegian precision manufacturing services company operating from a 6,000 m² integrated facility in Ullensvang, Hardanger. The firm originated in 1977 as part of Kongsberg Våpenfabrikk (KV) producing rotating parts for gas turbines and jet engines (including F16 components), and subsequently became a foundational supplier to Norway's emerging subsea industry. Today it serves world-leading system-industry customers across subsea/offshore oil & gas (its primary segment), gas turbine / aerospace, general industrial manufacturing, and an emerging green hydrogen vertical, with named customers including TechnipFMC, Kongsberg, Subsea 7, Aker, Statkraft, and Tizir Titanium & Iron.

The company's core offering is a vertically integrated stack of nine in-house services delivered from a single site: CNC machining (turning to Ø2700mm, 5/6-axis, grinding, boring, per ISO 8015); welding qualified to NS-EN ISO 3834-2 (TIG, MIG, MAG, FCAW, SAW, cladding, including 13Cr, 6Mo, duplex and stainless steels); assembly and testing with hydrostatic and gas testing up to 2,000 bar; an integrated coating plant (epoxy, xylan, zinc phosphating with Frosio Level 3 inspection to Norsok M-501); in-house NDT including Level 3 services (RT, UT, PT, MT, PMI, CTR, ET); CMM-based quality control; documentation packages of 300 to over 2,300 pages; engineering and procurement; and an Air Liquide gas-cylinder dealership. Underpinning these services is the proprietary VTS (Visual Tracking System) integrated with the ERP for real-time production tracking and traceability, and an in-progress 3D Digitalization initiative with Digitread (funded by Innovasjon Norge) to digitize the design-to-production-start workflow.

Odda Technology generates revenue primarily through B2B project-based manufacturing services for low-volume, high-complexity, high-accuracy products, with quote-based negotiated pricing per contract and no public pricing disclosure. It maintains ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and ISO 3834-2:2021 certifications issued by Kiwa, which are entry requirements for its safety-critical end markets. Distribution is direct enterprise sales to global system integrators; the only indirect channel is the local Air Liquide gas-cylinder dealership. The company has 50 employees, is privately held (no disclosed institutional investors), and received a NOK 400,000 grant from Vestland Fylkeskommune in 2024 to support the Hardanger Hydrogen Hub consortium with Statkraft, TechnipFMC Kongsberg, and Tizir, marking its principal diversification initiative into green hydrogen and subsea energy storage.

Name

Odda Technology

Legal name

Odda Technology AS

Website

https://oddatechnology.no

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

11–50 employees

Short description

Norwegian precision manufacturer operating a 6,000 m² vertically integrated facility in Odda, delivering CNC machining, welding, NDT, coating, assembly, and documentation services to subsea oil & gas, gas turbine, and industrial customers globally.

Ownership category

akta.pro rank

Product category

Precision Manufacturing Services

NAICS

Industrial Machinery Manufacturing (3332), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Aircraft Parts & Auxiliary Equipment, Nec (3728), Industrial Instruments For Measurement, Display, And Control (3823)

akta.pro primary industry

NDT/NDE Inspection Equipment (Ultrasonic, eddy current, radiography, thermography) (IMAGAFAI)

akta.pro secondary industry

Industrial Quality Inspection & Metrology (Machine Vision) (IMAIAMAF)

Keywords

• Precision machining services
• CNC milling turning
• Subsea equipment manufacturing
• Oil and gas fabrication
• Industrial metal assembly

Headquarters

HQ city

Odda

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Manufacturing Services (Machining, Welding, Assembly): Odda Technology generates revenue through providing high-accuracy manufacturing services including CNC machining, welding, assembly and testing, surface treatment/coating, NDT services, quality control, documentation, and project engineering and procurement. The company operates as a total supplier for subsea, gas turbine, and industrial high-accuracy products.
2. Gas Sales: Odda Technology operates as a dealer of rental and ALbee purchase gas cylinders for Air Liquide. This is a separate revenue stream from the manufacturing business.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Odda Technology is a Norwegian precision manufacturing services provider producing complex components and assemblies for subsea/oil and gas, gas turbine, and general industrial clients. The company offers nine core manufacturing services including CNC machining, welding, and assembly, with a proprietary Visual Tracking System (VTS) for production control. Operations are supported by ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, and ISO 3834-2:2021 certifications.

Product overview

Odda Technology is a precision manufacturing services company serving the subsea, gas turbine, and industrial sectors. The company operates as an integrated manufacturing hub offering nine distinct but interconnected services: machining (precision CNC operations), welding (ISO 3834-2 qualified), assembly & testing (hydrostatic and gas testing), surface treatment/coating (epoxy, Xylan, zinc phosphating), non-destructive testing (NDT including RT, UT, PT, MT, ET), quality control (CMM-based dimensional inspection), documentation (technical documentation packages), engineering & procurement, and gas sales (Air Liquide dealer). These services are delivered from a single 6000 m2 facility in Odda, Norway, enabling integrated production workflows where components move from design through machining, welding, surface treatment, testing, and documentation within one facility. The company also developed its own digital process control system (VTS - Visual Tracking System) integrated with their ERP for project management and traceability.

Differentiator

Problem solved

Functional benefit

Products and services

• Precision Manufacturing Services (CNC machining, welding, assembly) Custom contract manufacturing of precision-machined, welded, and assembled components for subsea/oil and gas, gas turbine, and general industrial clients. Delivered to customer specifications under ISO-certified quality and welding standards, with traceability provided through the proprietary VTS system.

Quantifiable outcome

• Documentation packages ranging from 300 to over 2300 pages for larger products
• +6 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• StatkraftcoreStrategic or Co-development PartnerStatkraft is a key consortium partner in the Hardanger Hydrogen Hub project alongside Odda Technology and TechnipFMC Kongsberg. The project focuses on piloting new subsea hydrogen storage technology for utilization of renewable energy installations.
• TechnipFMC KongsbergcoreStrategic or Co-development PartnerTechnipFMC Kongsberg is part of the consortium for the Hardanger Hydrogen Hub project, working with Odda Technology and Statkraft on subsea hydrogen storage technology. The company is also a key customer of Odda Technology for subsea products.
• Tizir Titanium & IroncoreStrategic or Co-development PartnerTizir Titanium & Iron initiated the hydrogen conversion plans that led to the Hardanger Hydrogen Hub project. Odda Technology and Tizir are co-initiators of the project, which also involves Hardanger Industri and Næringshagen i Ullensvang.
• DigitreadcoreTechnology or IntegrationDigitread is the system supplier and IT cooperation partner for Odda Technology's 3D Digitalization project, which aims to digitalize the process from design to production start. The project received funding from Innovasjon Norge and involves major engineering companies designing equipment for the oil and gas industry.
• Air LiquideminorChannel Partner/ Reseller/ DistributorOdda Technology is an authorized dealer of rental cylinders and ALbee purchase cylinders for Air Liquide. This is a local dealer/reseller relationship, not a technology partnership.
• Fluorsid NoralfminorStrategic or Co-development PartnerFluorsid Noralf is part of the consortium partners for the Hardanger Hydrogen Hub pre-project, working alongside Odda Technology, TechnipFMC, Statkraft, and Tizir Titanium & Iron.
• Hardanger IndustriminorOthersHardanger Industri is an industry association in Ullensvang. CEO Ingvald Torblå serves as Board Chair. The association is involved in the Hardanger Hydrogen Hub project as a local industry partner.
• Næringshagen i UllensvangminorOthersNæringshagen i Ullensvang is a local business development organization involved in the Hardanger Hydrogen Hub project as a local partner alongside Odda Technology and Tizir.
• Kongsberg KlyngenminorOthersKongsberg Klyngen is a cluster organization supported by Viken County Municipality that is involved in the Hardanger Hydrogen Hub consortium, bringing the eastern Norwegian industrial cluster into the project.
• Deep PurpleTM PilotminorStrategic or Co-development PartnerDeep PurpleTM Pilot is a Green Platform project that is partnered with the Hardanger Hydrogen Hub consortium. The project involves Statkraft, TechnipFMC Kongsberg, and Odda Technology working on subsea hydrogen storage technology.

Scale indicators5 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• TechnipFMC: Global subsea systems integrator and a stated Odda customer. Comparable as a frontier buyer/assembler of subsea coupling and connection products, though at vastly larger scale.
• Aker Solutions: Major Norwegian subsea and offshore EPC contractor that is both a customer and a broader competitor for highly specified subsea components and assemblies. Most relevant industry overlap.
• Siemens Energy (Gas Turbine / Aero-derivative): Global gas turbine original equipment manufacturer buying rotating parts similar to those Odda historically supplied. Comparable as a customer/end-market rather than a direct manufacturing competitor.

Direct peers

• Ulstein Group: Norwegian shipbuilder and offshore equipment manufacturer delivering complex packages to offshore and maritime customers. Comparable in integrated fabrication and Norway-based operation.
• Bladt Industries: Danish manufacturer of large steel structures and offshore foundations, including subsea equipment foundations. Directly comparable precision/fabrication services for offshore energy customers.
• Apply: Norwegian industrial contractor providing machining, welding, assembly, and NDT for subsea and offshore customers. Closest head-to-head subsea precision manufacturing peer.
• Helmer Direction: Swedish precision manufacturing services provider for aerospace and industrial customers. Closest Nordic comparable in scale and high-accuracy machining focus.
• Nammo (Raufoss): Norwegian high-accuracy precision manufacturing cluster serving aerospace and defense. Comparable Norwegian precision manufacturing heritage with vertically integrated facilities.

Others

• Kongsberg Maritime: Norwegian subsea equipment and systems provider and a named Odda customer/commercial partner. Comparable subsea customer base but operates at systems-integration scale rather than component manufacturing.
• Subsea 7: Global subsea installation and construction contractor and a named Odda customer. Overlaps on subsea delivery requirements but operates at vessel/installation scale rather than precision manufacturing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/odda-technology

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 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 Odda Technology