What Tech Trade AS does

Tech Trade AS is a privately held Norwegian process equipment supplier and service provider headquartered in Stavanger, Norway, founded in 1978 by Halvor Nilsen and Roald Deisz. The company acts as a total project, service, and aftermarket organization for oil and gas operators, primarily on the Norwegian Continental Shelf (NCS), and has completed more than 600 projects since inception. Its portfolio spans three categories: Sustainable Solutions (flare gas recovery, electrochlorination water treatment, atmospheric water generators, and electrical heaters for electrification); Process Equipment (filtration and separation with 30+ years of experience, and ejectors supplied in partnership with Transvac); and Mechanical Equipment (pigging systems, Bandlock 2 quick opening closures, and piping specials). It also offers Global Bridge AR-based remote support, spare parts, aftermarket service, and training.

The company does not manufacture core products but operates as a value-added reseller and systems integrator, holding long-standing distribution partnerships with SPX Flow (Bandlock 2 closures — installed on over 90% of Norwegian offshore pig launchers and receivers), Celeros FT (patented PSB mechanism for multiple pig launchers used on unmanned platforms with 15+ years of operating experience), Transvac (ejectors), Zeeco Europe (Global Bridge AR remote support), and Filtrex, alongside several other trading partners. Revenue is generated through one-time process equipment sales, project-based engineering and management services, and recurring spare parts and aftermarket service contracts. The 17-person team is organized into Sales, Projects, Aftermarket & Service, and Administration departments.

The go-to-market is enterprise-focused B2B field sales targeting major Norwegian operators (Phillips Petroleum, Statoil, Mobil, and Amoco historically named) and engineering companies, with quote-based pricing tailored to each project scope. ISO 14001-certified environmental management and HSSEQ compliance are positioned as standard. The company's stated strategic direction is to diversify into sustainable and renewable markets while maintaining its core oil and gas cash flows, supported by digitalization initiatives such as the Global Bridge AR remote support offering for commissioning, training, and fault-finding.

Name

Tech Trade AS

Legal name

Tech Trade AS

Website

https://tech-trade.no

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

11–50 employees

Short description

Tech Trade AS is a privately held Norwegian process equipment supplier and service provider founded in 1978, serving oil and gas operators on the Norwegian Continental Shelf with pigging systems, Bandlock 2 quick opening closures, filtration, flare gas recovery, and aftermarket services through exclusive OEM partnerships.

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

Revenue model

1. Process Equipment Sales: Sales of process equipment including pigging systems, filtration, separation, ejectors, piping specials, quick opening closures, water treatment, and zero flaring solutions to oil and gas operators.
2. Spare Parts & Aftermarket: Aftermarket service providing spare parts, consumables, and support for equipment sold. Includes local storage for critical spares and rapid response capabilities.
3. Service & Maintenance: On-site service engineers, remote support via Global Bridge, workshop facilities for minor repairs, control/inspection and storage, and preventative maintenance programs.
4. Project Management & Engineering: Total project management including design support, engineering, verification, monitoring, and document control for process equipment solutions.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Tech Trade AS is a Norwegian total project, service, and aftermarket organization that supplies process equipment to the oil and gas industry, with pigging systems, Bandlock 2 quick opening closures, filtration and separation, flare gas recovery, water treatment, electrical heaters, ejectors and piping specials as its core product lines. Since 1978 it has combined exclusive agency partnerships with global manufacturers, in-house engineering, project management, document control, on-site service, spare parts logistics, and training to deliver turnkey equipment packages to operators on the Norwegian Continental Shelf.

Product overview

Tech Trade AS provides process equipment solutions as a total project, service and aftermarket organization established in 1978. The product portfolio consists of three main categories: (1) Sustainable Solutions including electrochlorination packages, flare gas recovery (FGR) systems, atmospheric water generators, and electrical heaters for electrification; (2) Process Equipment including filtration and separation solutions and ejectors supplied in partnership with Transvac; and (3) Mechanical Equipment including pigging solutions (pig launchers/receivers), Bandlock 2 quick opening closures (from SPX Flow), and piping special items. The company also offers Global Bridge remote support tools developed by Zeeco Europe, along with spare parts, aftermarket service, and training. Trading partners include Plenty, ATG, Conaco, Belman, Exheat, Elmac, RMC, EGS, MCL, Celeros, Pentail, Filtrex, Transvac, Zeeco, and Cetco.

Differentiator

Problem solved

Functional benefit

Products and services

• Pigging Solutions End-to-end pigging systems and services for oil and gas flow assurance, including the patented PSB pig signaller mechanism, supplied to operators on the Norwegian Continental Shelf.
• Bandlock 2 Quick Opening Closures Bandlock 2 quick opening closures for safe, rapid access to pressure vessels and pig launchers, serving offshore oil and gas operators.
• Filtration & Separation Solutions Filtration and separation equipment for process streams in oil and gas production, supplied under OEM partnerships for offshore and onshore facilities.
• Flare Gas Recovery (FGR) Solutions Ejector-based flare gas recovery systems that capture and recycle flare gas to support zero routine flaring, emissions reduction and OPEX savings for oil and gas operators.
• Water Treatment & Electrochlorination Packages Electrochlorination and water treatment packages for offshore platforms, treating produced water and seawater to meet environmental and process requirements.
• Atmospheric Water Generators Atmospheric Water Generation (AWG) units that produce potable water from humid air for offshore and remote sites as a sustainable alternative to transported water.
• Electrical Heaters / Electrification Solutions Electrical heating and electrification solutions that replace or supplement gas-fired heating to reduce emissions and support decarbonization on offshore platforms.
• Ejectors (Eductors, Jet Pumps, Compressors) Ejectors, eductors, jet pumps and jet compressors used for flare gas recovery, vapor recovery, vacuum, mixing and motive-fluid duties in process plants.
• Piping Special Items Engineered piping specials and fittings supplied for offshore process and utility systems under Tech Trade's OEM representation portfolio.
• Global Bridge Remote Support AR-based remote support service using smart glasses and live video calls to deliver commissioning, training, inspection, troubleshooting and maintenance assistance from Norway to international sites.
• Spare Parts & Aftermarket Service Spare parts supply, in-house workshop service, on-site service, verification, document control and maintenance support for installed Tech Trade equipment across all product lines.
• On-Site & In-House Training Operator and maintenance training delivered at Tech Trade's facilities or on customer sites, covering pigging, quick opening closures, ejectors, flare gas recovery and other product lines.
• Total Project Management & Engineering Services Turnkey project, engineering, design support, verification and document control services bundling Tech Trade's OEM equipment into a single delivery package for oil and gas projects.

Quantifiable outcome

• More than 25 years of reliable operation with minimum maintenance on many closures
• +3 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Celeros FTcoreTechnology or IntegrationPartnership for PSB mechanism - a patented product for multiple pig launchers that ensures individual pigs are launched one at a time. Used on unmanned platforms with more than 15 years operating experience in the field.
• SPX FlowcoreTechnology or IntegrationTech Trade represents SPX Flow which manufactures the GD Bandlock 2 quick opening closure - a quick opening closure solution for all process equipment applications. Over 90% of Norwegian offshore pig launchers and receivers use this product.
• TransvaccoreTechnology or IntegrationWorld leading company in ejectors. Tech Trade works with Transvac to provide ejector solutions that help operators reduce investment and operating costs and reduce carbon footprints offshore.
• Zeeco EuropecoreTechnology or IntegrationGlobal Bridge remote support technology was developed by Zeeco Europe. Today, Tech Trade offers this service to all customers, providing AR headset-based real-time assistance for commissioning, start-up, training, and maintenance support.
• PlentyminorChannel Partner/ Reseller/ DistributorHistorical partnership - Rory James joined from UK based Plenty Group in 1988, adding process equipment to the selection.
• CeleroscoreTechnology or IntegrationTrading partner for process equipment solutions including pigging equipment and PSB mechanisms.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Alfa Laval: Global manufacturer of separation, filtration, and heat-transfer equipment that supplies directly into oil & gas operators worldwide. Overlaps with Tech Trade's filtration/separation and process-equipment offerings but at vastly larger scale and broader product portfolio.
• Petrofac: International energy services company with operations in the North Sea. Comparable in delivering process equipment packages, engineering, and operations support to oil & gas operators though with a much broader geographic footprint.
• Stork (Fluor): Maintenance, modification, and asset-integrity services provider with strong NCS presence (now part of Fluor). Comparable life-cycle service and aftermarket positioning to Tech Trade's spares-and-service revenue stream.
• Aker Solutions: Major Norwegian-based provider of engineering, products, and life-cycle services for the energy industry. Competes for similar NCS specifications and aftermarket work but operates at enterprise scale across subsea, field development, and maintenance.
• TechnipFMC: Global integrated oil & gas technology and services provider with significant Norwegian Continental Shelf exposure. Comparable in serving major Norwegian operators with process and subsea equipment, though at much larger scale and broader scope.
• Flowserve: Global manufacturer and supplier of pumps, valves, seals, and process equipment. Competes with Tech Trade in the same NCS specifications for valves, closures, and rotating equipment on oil & gas platforms.

Direct peers

• ASCO Norge: Norwegian arm of ASCO, providing oilfield equipment, supplies, and project services to NCS operators. Comparable distribution model, enterprise field-sales GTM, and focus on process equipment and spare-parts supply.
• Klinger Norway: Norwegian subsidiary of Klinger that distributes industrial valves, gaskets, and process equipment to oil & gas operators on the NCS. Directly comparable as a similar project-management, specification, and aftermarket distributor serving the same major operators.
• Crane Energy Flow Solutions Norway: Distributes process flow equipment, valves, and fittings to NCS operators under the Crane/Xomox portfolio. Closely comparable product set (quick-opening closures, filtration, valves) and exclusive OEM representation model.
• IKM Gruppen: Norwegian privately held group supplying products, services, and engineering to the offshore and oil & gas industry. Comparable project-management, distribution, and aftermarket-services model serving the same NCS customers.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tech-trade-as

Compliance1 record

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 Tech Trade AS