Cegal has grown from a startup owned by its founders to become a company of interest for professional investors. Since 2011, Norvestor has been a majority owner and shareholder.

Cegal Investors and Financial Reports

About Cegal

Cegal is a leading provider of IT and Geoscience solutions to the oil and gas industry - a global company located in Stavanger, Oslo, London, Aberdeen, Dubai, Houston and Calgary. We have more than 300 employees, of which over 50 are highly skilled geoscientists. This unique combination of IT and geoscience domain expertise puts us in an excellent position to fill the gap between IT and E&P. 

About Norvestor

Norvestor V, L.P. (2007) has made 9 control investments and completed 5 exits to date.

Norvestor V, L.P. has total commitments of €236 million. The fund has made investments of €10 million to €45 million in lower mid-market companies with enterprise values of typically €20 million to €120 million. Its main focus has been companies in the Norwegian and Swedish markets, with the potential to achieve a leading pan-Nordic or international position where relevant.

Norvestor V, L.P. is fully invested, but has capacity to do follow-on investments in the companies it already owns. Read more on

Press releases

Today Cegal has published the Annual Report for 2017
We are happy to announce that the E&P Information Management Association (EPIM) has selected Cegal as their full-range supplier.
Cegal and Patrick Connolly Associates Ltd (PCA) have joined forces to offer seismic reservoir characterization services to the industry.
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