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Fraser Well Management

fraserwellmanagement.com

Founded Year

2004

Stage

Acquired | Acquired

About Fraser Well Management

Fraser Well Management offers drilling services for oil and gas wells both onshore and offshore. It provides well engineering, well management, well operator services, commercial support, and more. It was founded in 2004 and is based in Great Yarmouth, England. As of July 5th, 2022, Fraser Well Management was acquired by THREE60 Energy. The terms of the transaction were not disclosed.

Headquarters Location

Beacon Park Beacon Innovation Centre

Great Yarmouth, England, NR31 7RA,

United Kingdom

+44(0)1493 448054

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Expert Collections containing Fraser Well Management

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Fraser Well Management is included in 1 Expert Collection, including Oil & Gas Tech.

O

Oil & Gas Tech

637 items

This collection includes companies from upstream, midstream, and downstream sectors of the Oil & Gas industry, as well as companies focused on sustainable fuels. Sectors are tagged by general focus of the company (even if the tech works across sectors).

Latest Fraser Well Management News

Three60 Energy acquires Fraser Well Management

Jul 5, 2022

Three60 Energy acquires Fraser Well Management Group says it is investing in the future of its business Walter Thain, Group CEO at THREE60 Energy (Image: THREE60 Energy) Sign up to FREE email alerts from businessInsider - Business Newsletter sent Mon to Fri, twice each day with a full week's round up every Sat Something went wrong, please try again later.Invalid Email Subscribe We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Thank you for subscribing!We have more newsletters Show me See our privacy notice Aberdeen-based offshore group Three60 Energy has acquired well and pipeline operator and well management specialist, Fraser Well Management. Three60 says the deal for the Norfolk-headquartered company will hugely strengthen its position as a strategic services partner to the oil industry as it will be able to work as an outsourced installation officer, a pipeline operator and as a well operator across the asset life cycle All of Fraser's workers will transfer to Three60 and its offices in Aberdeen, Great Yarmouth and Rotterdam will stay in operation. Walter Thain, group CEO at THREE60 Energy, said: “The capabilities and expertise that Fraser Well Management has accumulated will greatly benefit the integrated solutions we offer our customers throughout the asset life cycle. We are immensely proud to have our new team members join THREE60 Energy, as we can continue to provide better energy together. “As we continue to transition into sustainable and renewable energies alongside traditional means of energy production and storage, there has never been a more pertinent time to invest in the future of our business and our place in the energy supply chain.” Lasse Hermansson, managing director at THREE60 Energy Norway, added: “The breadth of transferrable knowledge across THREE60 Energy is crucial for capitalising on the synergies across disciplines, and the addition of Fraser Well Management’s skills and people will greatly add to our expertise. “This not only enhances our UK capabilities, but provides additional competencies and services to our Norwegian and global business. We are extremely excited about the acquisition and see a great cultural and collaborative fit with the excellent team at Fraser Well Management.” Nick Ford, managing director at Fraser Well Management said: “We have watched the rapid and sustained growth of THREE60 Energy alongside our own development and can see the synergies that the integration of Fraser Well Management’s service offerings combined with that currently provided by THREE60 Energy will provide our clients better solutions to their energy needs. "This deal is a natural progression for our services and people, as both can continue to grow and expand under THREE60 Energy. “As late life, CCUS and decommissioning play an ever more significant role, we are proud to be part of THREE60 Energy Group as the company delivers in these key areas.” Three60 also has offices in Bergen, Stavanger, Oslo, Kuala Lumpur, Singapore, Jakarta, Taipei and Brisbane. Follow Us Most Recent Most Recent

Fraser Well Management Frequently Asked Questions (FAQ)

  • When was Fraser Well Management founded?

    Fraser Well Management was founded in 2004.

  • Where is Fraser Well Management's headquarters?

    Fraser Well Management's headquarters is located at Beacon Park, Great Yarmouth.

  • What is Fraser Well Management's latest funding round?

    Fraser Well Management's latest funding round is Acquired.

  • Who are the investors of Fraser Well Management?

    Investors of Fraser Well Management include THREE60 Energy.

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