PSW Technology is a Norwegian based company founded in 2007 that operates in the Transportation industry. The company's slogan "From challenges to solutions" encapsulates its core mission. PSW Technology specializes in offering a diverse array of services and solutions to the global drilling industry. Their advanced facilities, strategically located near the Mongstad base, are tailored for safety, quality, delivery, and cost optimization.
Notably, PSW Technology is a subsidiary of the publicly traded company Scana ASA, which is a prominent player in the industrial sector, serving leading businesses within the ocean industries. The latest notable investment in PSW Technology was a Private Equity Round initiated on 01 June 2014. The investment was facilitated by Herkules Capital, a well-regarded private equity firm.
Overall, PSW Technology is well-positioned to leverage its expertise and strategic location to continue its growth trajectory within the global drilling industry, supported by a strong backing from Scana ASA and the investment from Herkules Capital.
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