Oil and gas company Resman has been acquired by private equity firm Nordic Capital for an undisclosed amount.

Resman, a Norway-based oil and gas company that has developed technology to monitor reservoirs, has been acquired by private equity firm Nordic Capital, providing an exit for Norwegian government-owned oil and gas company Statoil.

Resman was founded in 2005 by Statoil’s corporate venturing arm, Statoil Technology Invest, and Sintef Venture, the corporate venturing arm of research organisation Sintef, originally spun out of the Norwegian Institute of Technology.

Resman’s wireless oil reservoir surveillance technology was originally developed by Sintef and Norway’s…