Petroleum Technology Company

Petroleum Technology Company (PTC) was established in 2002 and a majority share was acquired by Herkules in August 2013.

PTC is a leading developer and supplier of premium gas lift and wellhead products that enhance well integrity, safety, reliability and productivity for oil companies. The company has a large, patent protected product portfolio developed in close relationship with customers facing well-related challenges offshore. Herkules owns the company together with the founders and other employees.

PTC has approximately 140 employees and is headquartered in Stavanger, Norway with sales offices in Bergen (NO), Aberdeen (UK), Houston (US), Rio de Janeiro (BR), Abu Dhabi (UAE) and Macae (BR).

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