Offshore oil consultancy buys stake in Norwegian firm

An offshore oil consultancy with an operation in Aberdeen has bought a controlling stake in a Norwegian IT firm. Stavanger-based Ross Offshore took a 60% stake in Network Scenario for an undisclosed sum after working closely with the company for a number of years.

by Erikka Askeland

10/01/2015, 9:38 am

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An offshore oil consultancy with an operation in Aberdeen has bought a controlling stake in a Norwegian IT firm.

Stavanger-based Ross Offshore took a 60% stake in Network Scenario for an undisclosed sum after working closely with the company for a number of years.

The new company will be integrated in Ross Offshore as a separate business unit and will be named Ross Netscenario.

Jørgen Jørgensen, chief executive of Ross Offshore, said: “We want through this, to present more complete solutions that lead to increased efficiency and flexibility, and hence reduced cost for our clients.

“Network Scenario will be a catalyst with their expertise in what surrounds us and our customers every day – IT is and will be integrated in what we and our customers are doing.

“Network Scenario’s ability to innovate and develop, combined with Ross Offshores expertise in oil and gas gives us a skills increase, which we believe will lift both Ross and Network Scenario further from the position companies have today.”