Head Energy AS has acquired 100 percent of the shares in Mitta AS from Finnish Mitta Group Oy and intends to develop a competent and proactive national player in the field of geotechnics, environmental geology, and ground drilling services. Mitta AS has been renamed Head Energy Geo AS.

Mitta Group Oy retains the technology and IP-rights related to snow monitoring developed by Mitta AS, while the core business of Mitta AS, related to geotechnics, environmental geology, and ground drilling, is acquired by Head Energy.

All employees engaged with the core business of Mitta AS will continue in Head Energy Geo. Operations manager at Mitta AS, Bjarte Hellevang, becomes Managing Director and co-owner of the company. Bjarte holds a PhD in Geology/Geophysics and has 20 years of experience as a geologist, geotechnical engineer, leader, and entrepreneur. Monica Vaksdal has as CEO of Mitta AS helped to grow the company into a stage that raised the interest of Head Energy.

Siri Gloppen, who has fronted Head Energy’s efforts within geotechnics, joins the skilled team in Head Energy Geo.

The company exclusively operates hybrid rigs and can conduct ground investigations with significantly lower carbon footprint than with traditional rigs. Photo: Mitta

Hybrid rigs with lower carbon footprint

Head Energy Geo will have a total of 11 employees as per March 5, 2024, including drilling teams, with offices and presence in Bergen, Stavanger, Oslo, Trondheim, and Luleå. In ground investigations, Head Energy Geo will cover all of Norway and aims to become the fastest and most flexible player in the market. The company exclusively operates hybrid rigs and can conduct ground investigations with significantly lower carbon footprint than with traditional rigs. The company plans further recruitments in 2024.

Mitta Group and Head Energy Geo will form a collaboration in Norway as part of the transaction – the collaboration is based on technology and knowledge especially in the field of monitoring from Mitta Group and Head Energy’s personnel in geotechnics.

-With the acquisition of the core business of Mitta AS, Head Energy lays the foundation for an ambitious and profitable venture in geotechnics, environmental geology, and ground drilling. This is in line with Head Energy’s strategy to expand its service offering in civil engineering, infrastructure, and environmental surveys. Head Energy has been eager to expand its focus on geosciences and environmental sciences, and Siri Gloppen at Head Energy has recently collaborated with Bjarte Hellevang and his team at Mitta AS on several projects. We are very happy to see this collaboration formalized in Head Energy, says Executive Chairperson of Head Energy Group, Nils Haukeland.

-Mitta Group will hereafter focus on its core markets in Finland and Sweden. We would like to thank Monica on her efforts of developing Mitta’s Norwegian operations and look forward to collaborating with Head Energy on customer projects in Norway, says Chairman of Mitta Group Oy, Timo Hyvönen.

-I look forward to building an ambitious endeavor in geosciences at Head Energy, with a competent and motivated team. Head Energy has solid track record in establishing and developing skilled-driven companies into profitable ventures and attractive workplaces. The goal of Head Energy Geo is to create the most attractive workplace and the leading environment for geo-personnel in Norway, says Bjarte Hellevang.

This is new Head Energy Geo

Head Energy Geo deliver services within geotechnics, environmental geology, and ground drilling services.

  • Total of 11 employees as per March 5, 2024
  • Offices and presence in Bergen, Stavanger, Oslo, Trondheim, and Luleå
  • The company exclusively operates hybrid rigs
  • Conduct ground investigations with significantly lower carbon footprint than with traditional rigs
  • The company plans further recruitments in 2024

Read more about Head Energy Geo and our services (in Norwegian):

Flere nyheter fra Head Energy