Investment in Ace Oil Tools

Published: 16.01.2015

Investinor invests MNOK 12 in Norwegian technology startup Ace Oil Tools AS.

Stavanger based Ace Oil Tools was founded in 2012 and offers innovative stop-collars for the oil and gas industry. Its stop collars can be used for all types of accessory to a tubular and will provide unique axial and radial forces to meet customer satisfaction.

Compared to existing tehcnology the solutions from Ace Oil Tools are more cost efficient and reliable.

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