Scale Protection gets NOK 24M from Investinor and Proventure.

Scale Protection, a Harstad, Norway-based company providing technology and services that analyze and prevents deposits (scaling) in oil and gas wells, announced raising an equity investment round totalling NOK 24M ($2.8M).

The money comes from Proventure and Investinor and will strengthen the company and enable growth and effort for further development of services and products related to scale prevention and monitoring.

Scale Protection, led by CEO Ole Magnar Drønen, developed technology and products that analyze and prevents deposits (scaling) in oil and gas wells. Scale deposition is one of oil industry’s major challenges as it causes immature production decline for oil fields world wide. Scaling is deposition of inorganic material (carbonate and sulphides) in pipes, valves and other equipment in the wells. This can reduce and, at worst, block the production and prevent equipment from functioning.