Strategic Merger VNG Norge was acquired by Neptune Energy in 2018, indicating an expansion opportunity through joint ventures or service partnerships with Neptune Energy and its portfolio of companies, especially those involved in exploration and production activities.
Emerging Market NCS Operating in the Norwegian Continental Shelf since 2006 and expanding into Denmark, VNG Norge has established a presence in key North Sea regions, presenting potential for upstream equipment, drilling services, and technical solutions tailored to offshore oil and gas exploration.
Technology Adoption Utilizing digital tools like Google Analytics, Facebook Pixel, and WordPress suggests an openness to data-driven marketing and operational efficiency, offering opportunities for advanced digital solutions, data analytics, and online engagement platforms.
Medium-sized Focus With a workforce of 51 to 200 employees and revenues between 1 and 10 million dollars, VNG Norge is positioned as a mid-tier company, which could benefit from scalable, cost-effective solutions in energy technology, safety systems, or environmental management aimed at growing companies.
Sustainability prospects Although specific sustainability initiatives are not detailed, the company's involvement in offshore exploration presents opportunities for eco-friendly technologies, environmental consulting, and services focused on reducing offshore operational footprints aligned with industry trends.