HitecVision AS is a Norwegian private equity firm focused on the energy sector, with offices in Stavanger and Oslo. The firm invests in and develops companies across upstream oil and gas, midstream infrastructure, and energy services, particularly on the Norwegian and broader North Sea continental shelves. It also backs businesses advancing the energy transition, including low‑carbon solutions and renewables. HitecVision typically builds platforms through buy‑and‑build strategies and partnerships with industrial operators.
For the chemical industry, HitecVision’s portfolio is relevant to feedstock availability and infrastructure. Its investments in exploration and production, natural gas, and related logistics can influence supplies of hydrocarbons and natural gas liquids used in petrochemical value chains. The firm’s activity in carbon management, electrification, and other transition technologies also intersects with decarbonization efforts in energy‑intensive process industries.
The merger forms NEO NEXT+, boosting production to 250,000 barrels/day by 2026, with TotalEnergies holding 47.5% and enhancing operational capabilities. Completion expected in H1 2026.
TotalEnergies holds 47.5% in NEO NEXT+, enhancing synergies and cash flow with a diverse asset portfolio, producing over 250,000 barrels daily by 2026. Completion expected in H1 2026.
