StormGeo

StormGeo AS (formerly Storm Weather Center AS) was founded in 1997 and is one of the largest privately held weather service providers worldwide. It provides meteorological services, particularly to the offshore, renewable energy, shipping, corporate enterprise and media industries. It has offices in Norway, United States, Great Britain, UAE, Sweden, Azerbaijan, Brazil, Denmark, Germany and Singapore.

StormGeo is headquartered in Bergen , Norway, with 24 offices worldwide and 350 employees. Its seven global weather support centers operate 24/7/365.

StormGeo’s Chief Executive Officer is Per-Olof Schroeder.

History
Foundation
StormGeo started in 1997 as Storm Weather Center, a spinoff of Norway’s largest commercial broadcaster, TV2. Meteorologist Siri Kalvig saw an opportunity to offer customized weather services to other industries, and she began a venture in collaboration with TV2.

In 1998, StormGeo created their first weather service for the growing hydroelectric power industry. They also reached into a broader oil and gas energy market.

Acquisitions

At end of 2011, StormGeo expanded its operation into the Middle East with the acquisition of the Dubai-based weather forecasting company Met Consultancy FZ LLC.

The following year the Houston-based ImpactWeather Inc. became a part of StormGeo. ImpactWeather was a leading provider of weather monitoring, forecasting and alerting for offshore and onshore corporate businesses in the US.

In 2014, StormGeo acquired Applied Weather Technology, Inc. headquartered in Silicon Valley, California. AWT is a provider and weather and route forecasting for the shipping industry with offices in North America, Europe and Asia.

Shareholders
The majority shareholders of StormGeo are EQT and DNV GL, holding 56.2% and 26.4% of the shares respectively.

References

• www.stormgeo.com