Carbon Transition ASA operates as an investment company in Norway and the United States. It invests in companies and technologies, which contribute to reductions of carbon emissions, as well as in the energy transition space. The company also manages a seismic multi-client data library with assets in Norway and Egypt. Its seismic data is used by oil companies to discover, develop, and produce resources in mature petroleum basins. The company was formerly known as Axxis Geo Solutions ASA and changed its name to Carbon Transition ASA in 2021. Carbon Transition ASA was incorporated in 2016 and is based in Oslo, Norway.