About Maha Energy

Company Description

Maha has assembled a team of industry experts with individual expertise to build a solid foundation of production assets and an objective to grow through petroleum engineering and near field exploration technologies. The primary focus is to implement state-of-the-art Enhanced Oil Recovery (EOR) technologies to existing and maturing oil fields.

Crude oil development and production in oil reservoirs can include up to three distinct recovery phases – primary, secondary, and tertiary recovery. Primary recovery is also known as ‘natural depletion’, whereas secondary and tertiary recovery technologies are known as Enhanced Oil Recovery (EOR). Secondary and tertiary recovery is implemented when primary conventional recovery methods are no longer able to produce the remaining oil. Some estimates indicate EOR technologies can improve the ultimate recovery factor of an oil field to 30%-60%, or more, of the original oil in place.

Year founded


Served area



Strandvägen 5A, 11451 Stockholm – Sweden

Shareholder information

Shares outstanding



Jan. 1, 2000

Stock exchange(s)

Nasdaq Stockholm



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