Welltec® is a global technology company that develops and provides efficient, hi-tech solutions for the energy industry. The company was founded in 1994 and grew rapidly by supplying innovative robotic technology to oil and gas operators. In 2010, Welltec introduced a new business segment focused on the development of Completion products. Commercialization of these products began in 2014, and the company is now a global leader in the field of metal expandable packer technology. Welltec’s cutting-edge products and services are designed to optimize the performance and integrity of a well, in any environment. Through advanced engineering and lightweight design, Welltec’s solutions have helped clients increase operational efficiency and reduce carbon footprints in a safe and sustainable way for more than 25 years.
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The Welltec annual revenue was $348 million in 2026.
Peter Hansen is the CEO of Welltec.
855 people are employed at Welltec.
Welltec is based in Allerod, Region Hovedstaden.
The NAICS codes for Welltec are [22, 332, 33, 23].
The SIC codes for Welltec are [13, 399, 39, 138].