Home Business Management Consulting Novus Consulting Acquires Magn...

Novus Consulting Acquires Magnum Forge to Boost Energy Technology Solutions

Management Consulting

Business Honor
07 Febuary, 2026

Strategic Merger Expands Consulting Firm's Capabilities in Upstream Oil and Gas Sector.

Novus Consulting Company (Novus) has executed a strategic acquisition of Magnum Forge, a leading systems integrator with expertise in software optimization for the oil and gas upstream sector. This acquisition significantly expands Novus's technological capabilities and positional strength within the energy-consulting sector.

The acquisition provides Novus and Magnum Forge an opportunity to develop a more comprehensive transformation platform with complementary expertise that will cover many of the critical operational areas for their clients, including Land, Authorization for Expenditure (AFE), Production Accounting, and Enterprise Resource Planning (ERP). The combined knowledge and experience of the organizations will enable them to deliver more integrated, end-to-end data and technology solutions to energy companies.

Kate Stevenson, CEO of Novus, expressed her excitement regarding this strategic acquisition and the differentiating offering that will be created because of this merger. Stevenson's comments also indicated that clients of Novus would benefit from Magnum Forge's extensive financial system expertise in upstream operations and Novus's leadership in energy operations.

Established in 2008, Magnum Forge has developed a reputation as a leader in providing upstream operators with innovative solutions to enhance operational performance while minimizing costs. The ongoing delivery of customized and results-driven solutions throughout the energy technology landscape demonstrates the company’s commitment to its clients’ success through an extensive industry knowledge base.

According to Russell Corl, Managing Partner of Magnum Forge, the merger will provide a stronger platform for both organizations to meet the continued need for customers seeking a comprehensive Field-to-Finance solution that connects operational, financial and data systems within the upstream energy industry.