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Divestments

Altus Intervention

Altus Intervention (rebranded from Qinterra) is a leading provider of well intervention services and tractor technology to the Oil & Gas industry, primarily in the North Sea where it is the market leader.

Altus Intervention conducts operations in oil and gas wells to maximize production, increase the recovery rate from reservoirs and extend the production life cycle of wells.

Key Facts
Sector

Industrial Technology

Country

Norway

Fund

EQT VI

Entry

2014

Exit

2020

About Altus Intervention

Altus Intervention is headquartered in Stavanger and has employees both onshore and offshore, with the majority based in Stavanger (Norway) and Aberdeen (UK). Altus Intervention also has operations in Europe, Americas, Africa, Middle East, and APAC.

Altus Intervention was formerly a sub-division of Oslo-listed Aker Solutions ASA, and was acquired by EQT in January 2014. The sub-division predominantly consisted of the two subsidiaries Aker Well Services (Norway) and Aker Qserv (UK).

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