Latest HydraWell News & Updates

See the latest news and media coverage for HydraWell. We track all announcements, press releases, and industry mentions in real time, all in one place.

HydraWell

Well plug and abandonment technology provider

hydrawell.no

Headquarters: Tananger, Norway
Founded year: 2008
Company type: Public company
Number of employees: 25–50

Last updated Today

Latest news about HydraWell

In short: HydraWell joined SLB’s portfolio and secured a five-year contract with WellGear to provide its PWC technology for well decommissioning.

Company announcements

April 21 HydraWell

HydraWell secures five-year contract extension

The deal with The WellGear Group covers PWC® services, enhancing sustainable well integrity and P&A solutions worldwide.

April 21 HydraWell

HydraWell secures five-year contract with WellGear

The agreement covers PWC® services for annular remediation in the Netherlands' SITURN project, supporting sustainable well decommissioning. It leverages proprietary technology for efficiency and environmental benefits.

April 8 HydraWell

HydraWell becomes part of SLB’s P&A and Well Integrity portfolio

This milestone enhances innovation, scaling, and global reach. CEO Stian Vemmestad expresses pride and excitement for future achievements with SLB.

21 October 2025 HydraWell

HydraWell sponsors Team Rynkeby for 2026

HydraWell joins a network that raised €8.6 million in 2024 with 4,700 sponsors. The initiative supports children with critical illnesses.

Media coverage

April 10 Yahoo Finance

SLB HydraWell Deal Expands Well Decommissioning Role And Valuation Debate

SLB (NYSE:SLB) has completed its acquisition of Norway based HydraWell Intervention AS. The deal...

17 May 2022 Energy Voice

READ, HydraWell merge in bid to capture late-life wells market

An icon of a desk calendar. An icon of a circle with a diagonal line across. An icon of a block arrow pointing to the...

9 December 2018 World Energy News

HydraWell Executes Valhall Field Plugging Program

Norwegian oil and gas services company HydraWell has contributed towards Aker BP executing its plugging programme significantly quicker than planned through utilisation of the PWC(Perforate...

9 November 2018 Offshore Engineer

HydraWell Completes TAQA Decommissioning

The manufacturer of specialty equipment for the oil and gas industry HydraWell has completed an offshore decommissioning project for TAQA in the Netherlands. The plugging...

Never miss news about HydraWell

Track HydraWell and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.

HydraWell competitors & trending companies

Browse news for competitors to HydraWell and other trending companies.