Odfjell Drilling Ltd. is an oil drilling, well service, and engineering company.

Current operations

The company has 3 divisions: * Mobile Offshore Drilling - Owns 6

drillship A drillship is a merchant vessel designed for use in exploratory offshore drilling of new oil and gas wells or for scientific drilling purposes. In recent years the vessels have been used in deepwater and ultra-deepwater applications, equipped ...

s and operates in

Norway Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and t ...

United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...

Angola , national_anthem = " Angola Avante"() , image_map = , map_caption = , capital = Luanda , religion = , religion_year = 2020 , religion_ref = , coordina ...

Vietnam Vietnam or Viet Nam ( vi, Việt Nam, ), officially the Socialist Republic of Vietnam,., group="n" is a country in Southeast Asia, at the eastern edge of mainland Southeast Asia, with an area of and population of 96 million, making i ...

, and

Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...

. * Drilling & Technology - provides platform drilling, project management and engineering services from offices in

Bergen Bergen (), historically Bjørgvin, is a city and municipality in Vestland county on the west coast of Norway. , its population is roughly 285,900. Bergen is the second-largest city in Norway. The municipality covers and is on the peninsula of ...

Stavanger Stavanger (, , American English, US usually , ) is a city and municipalities of Norway, municipality in Norway. It is the fourth largest city and third largest metropolitan area in Norway (through conurbation with neighboring Sandnes) and the a ...

, and

Aberdeen Aberdeen (; sco, Aiberdeen ; gd, Obar Dheathain ; la, Aberdonia) is a city in North East Scotland, and is the third most populous city in the country. Aberdeen is one of Scotland's 32 local government council areas (as Aberdeen City), and ...

. * Well Services - provides casing and tubing running services (TRS), drill tool rental, and

well intervention A well intervention, or well work, is any operation carried out on an oil or gas well during, or at the end of, its productive life that alters the state of the well or well geometry, provides well diagnostics, or manages the production of the wel ...

services to the onshore and offshore oil and gas industry.

History

The company was established in 1973 as an affiliate of

Odfjell Odfjell SE is a company specialising in worldwide seaborne transportation and storage of chemicals and other speciality bulk liquids. The Odfjell fleet comprises more than 80 ships in total. The ships transport around 600 different kinds of l ...

. In 1974, the first rigs were delivered from

Aker ASA Aker ASA is a Norwegian industrial investment company with ownership interests concentrated in oil and gas, renewable energy and green technologies, maritime assets, marine biotechnology, and industrial software. The company is listed on Oslo St ...

, and started service for ELF and

Saga Petroleum Saga Petroleum ASA was a Norwegian upstream petroleum company established in 1972 that was acquired by Norsk Hydro in 1999. In October 2007 it was made part of Statoil. The company was the only fully private oil company in Norway. It had partial ...

. The first production drilling contract was awarded by

Statoil Equinor ASA (formerly Statoil and StatoilHydro) is a Norwegian state owned enterprise, state-owned multinational energy company headquartered in Stavanger. It is primarily a petroleum company, petroleum company, operating in 36 countries with ad ...

on the Statfjord oil field in 1979. In 1984, the company expanded to the

with a

semi-submersible Semi-submersible may refer to a self-propelled vessel, such as: *Heavy-lift ship, which partially submerge to allow their cargo (another ship) to float into place for transport *Narco-submarine, some of which remained partially on the surface *Se ...

rig for Hamilton Brothers Oil & Gas. In 1989 the company opened an office in

Singapore Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, borde ...

. In 1995, the company decided to concentrate on the

North Sea The North Sea lies between Great Britain, Norway, Denmark, Germany, the Netherlands and Belgium. An epeiric sea on the European continental shelf, it connects to the Atlantic Ocean through the English Channel in the south and the Norwegian S ...

. In 2013, the company became a

public company A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (l ...

via an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

on the

Oslo Stock Exchange Oslo Stock Exchange ( no, Oslo Børs) (OSE: OSLO) is a stock exchange within the Nordic countries and offers Norway’s only regulated markets for securities trading today. The stock exchange offers a full product range including equities, deriv ...

. In 2017, the company sold its 37% interest in Robotic Drilling Systems, which it acquired in 2014. In 2018, the company announced plans to expand its rig count from 4 to 6 to 10. In 2018, the company acquired a drilling rig from

Samsung The Samsung Group (or simply Samsung) ( ko, 삼성 ) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the ...

References

External links

* {{Authority control Drilling rig operators Engineering companies of Norway Service companies of Norway Offshore engineering Petroleum industry in Norway Companies based in Bergen Technology companies established in 1973 Companies listed on the Oslo Stock Exchange Norwegian companies established in 1973

Current operations

History

See also

References

External links