Welltec A/S: NCI provides financing

Nordic Corporate Investments has acquired a portion of the bond issued by Welltec A/S.

Welltec is a leading provider of robotic intervention services and completion solutions to the oil and gas industry. Our pioneering technology enables operators to optimize the management and development of their assets throughout their life cycle. We address the factors that maximize value creation, continuously innovating to reduce well construction time, speed up access to the hydrocarbons and increase reservoir contact over a prolonged time period, while minimizing operating downtime. The effect is one increased Net Present Value; maximizing production and increasing total recovery while reducing capital investments or enabling more wells to be drilled for the same spend and in less time.