Welltec

International provider of robotic well solutions for the oil and gas industry
(Learn how and when to remove this template message)
Welltec A/S
IndustryOilfield Services
Founded1994
FounderJørgen Hallundbæk
Headquarters,
Denmark
Key people
Peter Hansen (CEO),
RevenueDKK 2 billion[1]
OwnerExor N.V. (47.6%)
Websitewelltec.com

Welltec, based in Allerød, Denmark is an international provider of robotic well solutions for the oil and gas industry known for its flagship “Well Tractor”. The company was established in 1994 by Jørgen Hallundbæk, who conceived the idea behind the Well Tractor while he was a graduate student at the Technical University of Denmark.[2]

In 2003 the company went from being a sub contractor to other service companies to being a direct contractor to the operators and today the company has established over 45 offices worldwide and employs more than 1,000 people.[citation needed].

See also

References

  1. ^ "Vækst-eventyr aftager for børskandidat" (in Danish). Børsen. Retrieved 2010-01-04.
  2. ^ "Exor to buy Welltec stake for $116 mln". Reuters. 2016-02-10. Retrieved 2021-10-13.

External links

  • v
  • t
  • e
Exor N.V.
Investments
Financial service
  • Banca Leonardo S.p.A.
Oil and gas
Welltec
Tourism, entertainment
and media
  • Economist Group
  • GEDI Gruppo Editoriale
Automotive and
commercial vehicles
  • Ferrari
  • Iveco
  • Stellantis
Agricultural and
construction
CNH Industrial
Sport
Juventus F.C.
Mobility service
Via Transportation
Fashion
Christian Louboutin
Health
technology
Philips