Olive Energy
Olive Energy is a B2B technical services firm that supervises and manages upstream hydrocarbon exploration, development, and production projects for National Oil Companies and Independent Contractors across West Africa, operating from a Republic of Congo regional hub.
- Company typePrivate
- Founded2019
- HeadquartersThe Woodlands, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Olive Energy does
Olive Energy is a B2B technical services company serving National Oil Companies and Independent Contractors in Africa's upstream hydrocarbon sector. The firm specializes in the supervision and management of technical projects across exploration, development, and exploitation of onshore hydrocarbon reserves, with a focus on undervalued petroleum assets in West Africa. Its regional operational hub is in the Republic of Congo, serving as a base for oil exploration and production operations across the West African region.
The company's core technology stack centers on subsurface data assessment and reservoir characterization, spanning geophysical, geologic, geomechanical, and reservoir engineering domains. Olive Energy offers integrated E&P technologies — including software for reservoir characterization during exploration and delineation phases — alongside technical training programs designed to build client-side capabilities. The technology positioning emphasizes risk mitigation in reserve volume appreciation and accuracy in complex reservoir analysis. The firm also references use of drillbits and frac pumps as part of its operational toolkit, indicating some involvement in wellsite execution in addition to subsurface analysis.
Olive Energy generates revenue through two primary streams: professional services for technical project supervision and management in exploration, development, and production operations, and licensing/royalty arrangements for its reservoir characterization software and training programs. The company operates a direct enterprise sales model targeting government-owned oil companies and private E&P operators, with no public pricing or marketing channels disclosed, relying instead on its specialist reputation and regional hub presence in Republic of Congo to engage clients across West Africa.
Olive Energy firmographics
Firmographics- Name
- Olive Energy
- Legal name
- Olive Energy
- Website
- https://olive-energy.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Olive Energy is a B2B technical services firm that supervises and manages upstream hydrocarbon exploration, development, and production projects for National Oil Companies and Independent Contractors across West Africa, operating from a Republic of Congo regional hub.
- Ownership category
- akta.pro rank
Olive Energy industry classification
Industry- Product category
- Upstream Oil and Gas Services
- NAICS
- Support Activities for Mining (2131), Oil and Gas Extraction (2111)
- SIC
- Oil & Gas Field Exploration Services (1382), Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Field Development Planning & Subsurface Reservoir Engineering (EUALAAAC)
- akta.pro secondary industry
- Field Development & EOR/IOR for Gas (Compression, Refracturing, Reservoir Management) (EUAAAAAM)
Keywords
Where Olive Energy is headquartered
LocationHeadquarters
- HQ city
- The Woodlands
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Olive Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Exploration and Production Services: Supervision and management of technical projects in exploration, development and exploitation of hydrocarbon reserves in Africa for clients including National Oil Companies and Independent Contractors
- Technology and Training Services: Provision of cutting-edge software and training in geophysical, geologic, geomechanical and reservoir engineering and production technologies to enable client staff to characterize complex reservoirs
Go-to-market motion1 record
Distribution channels1 record
Olive Energy product offering
Product offeringCore offering
Olive Energy supervises and manages technical projects in the exploration, development, and exploitation of hydrocarbon reserves in Africa for National Oil Companies and Independent Contractors. The company provides cutting-edge software and training in geophysical, geologic, geomechanical, and reservoir engineering and production technologies to enable client staff to achieve the finest characterization of complex reservoirs during exploration and delineation phases.
Product overview
Olive Energy offers an integrated portfolio of upstream oil and gas services focused on Africa's undervalued petroleum assets. The company operates as a unified service platform combining technical project supervision and management with specialized software solutions and training programs. Core offerings include geophysical software and technology solutions, geologic and geomechanical engineering services, and reservoir engineering and production technologies. These products work together as an integrated service offering, with software solutions enabling reservoir characterization while training programs build client staff capabilities, all supported by Olive Energy's technical project management expertise.
Differentiator
Problem solved
Functional benefit
Products and services
- Oil and Gas Exploration Services Comprehensive upstream oil and gas services including prospecting, exploration, and production operations for onshore hydrocarbon activities in Africa, with a focus on undervalued petroleum assets. Targeted at National Oil Companies and Independent Contractors.
- Geophysical Software and Technology Solutions Cutting-edge software solutions for geophysical analysis enabling client staff to achieve fine characterization of complex reservoirs during exploration and delineation phases.
- Geologic and Geomechanical Engineering Services Advanced engineering services in geologic and geomechanical disciplines for subsurface data assessment and risk mitigation in hydrocarbon exploration.
- Reservoir Engineering and Production Technologies Technical solutions for reservoir engineering and production operations, enabling optimal characterization and development of complex reservoirs.
- Technical Project Supervision and Management Supervision and management of challenging technical projects in exploration, development and exploitation of hydrocarbon reserves in Africa for National Oil Companies and Independent Contractors.
Companies that use Olive Energy
Customer profileSegments2 records
Ideal customer profiles2 records
Olive Energy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Olive Energy partnerships and signals
Strategic signalScale indicators1 record
Recent moves4 records
Expansion highlights3 records
Olive Energy competitors and assessment
Company assessmentDirect peers
- TGS: Provider of multi-client geophysical data, subsurface imaging, and reservoir intelligence products used by E&P operators worldwide — directly comparable technology stack and customer base.
- Ikon Science: Specialist in reservoir geophysics and quantitative interpretation software, comparable to Olive Energy's stated positioning in reservoir characterization technology and software licensing.
- Petroleum Geo-Services (PGS): Geophysical company offering seismic acquisition and reservoir services to oil and gas operators — comparable subsurface and exploration-services capability set.
- Core Laboratories: Provider of reservoir analysis and production enhancement services for the upstream oil and gas industry, with comparable reservoir characterization and reservoir engineering offerings.
- CGG (Compagnie Générale de Géophysique): Geoscience specialist offering subsurface imaging, reservoir characterization, and geological consulting — the closest pure-play comparable to Olive Energy's geophysical and reservoir engineering focus.
Broad incumbents
- Halliburton: Global oilfield services major with deep capabilities in exploration, reservoir evaluation, and drilling services — competing for the same NOC and independent contractor wallets across Africa.
- SLB (Schlumberger): The largest global oilfield services company offering integrated upstream services including geophysical, geological, and reservoir engineering solutions that directly overlap with Olive Energy's full-stack E&P offering, albeit at vastly greater scale.
- Baker Hughes: Broad oilfield services incumbent providing integrated upstream solutions including reservoir and subsurface services, with established NOC relationships across Africa.
Regional players
- Orca Exploration Group: Africa-focused upstream operator active in West Africa and Tanzania — comparable regional focus on African onshore hydrocarbon activities and interaction with the same NOC customer base.
- Amni International Petroleum: West Africa-focused independent E&P company with operations in Congo and surrounding countries — comparable regional customer base of African NOCs and independents, though primarily an operator rather than service provider.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Olive Energy social profiles
Digital presenceOlive Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Olive Energy leadership team
Management profileNumber of profiles
Olive Energy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Olive Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Olive Energy
What does Olive Energy do?
Olive Energy supervises and manages technical projects in the exploration, development, and exploitation of hydrocarbon reserves in Africa for National Oil Companies and Independent Contractors. The company provides cutting-edge software and training in geophysical, geologic, geomechanical, and reservoir engineering and production technologies to enable client staff to achieve the finest characterization of complex reservoirs during exploration and delineation phases.
Is Olive Energy a public or private company?
Olive Energy is a private company. It is classified as unknown and is currently operating.
When was Olive Energy founded?
Olive Energy was founded in 2019. It employs 51 to 100 people.
Where is Olive Energy based?
Olive Energy is headquartered in The Woodlands, United States, in the North America region.
How does Olive Energy make money?
Two revenue lines are on record. Exploration and Production Services are the primary driver. The others are technology and Training Services.
Who are Olive Energy's main competitors?
Direct peers on record are TGS, Ikon Science, Petroleum Geo-Services (PGS), Core Laboratories and CGG (Compagnie Générale de Géophysique). Broad incumbents are Halliburton, SLB (Schlumberger) and Baker Hughes. Regional players are Orca Exploration Group and Amni International Petroleum.
Does Olive Energy have an API?
No public API is recorded for Olive Energy.
What industry is Olive Energy in?
Olive Energy's product category is Upstream Oil and Gas Services. Its primary akta.pro industry code is EUALAAAC, Field Development Planning & Subsurface Reservoir Engineering, with a secondary code of EUAAAAAM, Field Development & EOR/IOR for Gas (Compression, Refracturing, Reservoir Management). Its NAICS code is 2131 and its SIC code is 1382.