ADD ENERGY acquired by ABL GROUP

ABL Group ASA has entered into an agreement to acquire 100% of Add Energy Group, an international energy and engineering consultancy specializing in asset integrity management, well engineering, and operational (OPEX) optimisation services for the offshore energy sector. The transaction strengthens ABL Group’s positioning across the full lifecycle of energy assets by increasing its exposure to operations, maintenance, and life-extension activities, complementing its traditional focus on capex-driven field development. Through this acquisition, ABL Group expands its service offering into digital optimisation, carbon storage solutions, energy efficiency, and decarbonisation-related consultancy, reinforcing its strategy of supporting the energy transition across both oil & gas and renewable markets. Add Energy also brings proprietary software tools and analytical capabilities that enhance ABL Group’s technical offering, particularly in asset performance management and operational safety. The acquisition further adds a team of approximately 140 specialised consultants and extends ABL Group’s geographic footprint across key energy hubs including Europe, North America, and Australia. Add Energy’s management team is expected to integrate into ABL Group’s energy transition division, supporting the group’s ambition to scale its consultancy platform and leverage cross-selling opportunities across its global client base.