Odfjell Drilling Ltd. is an oil drilling, well service, and engineering company.
 | |
| Company type | Public company |
|---|---|
| OSE: ODL.OL | |
| Industry | Oilfield services |
| Founded | 1973; 51 years ago (1973) |
| Headquarters | Bergen Stavanger Aberdeen Norway |
Key people | Simen Lieungh (CEO) |
| Services | Offshore drilling services |
| Revenue |  US$662 million (2017) |
| US$35 million (2017) | |
| Total assets |  US$2.128 billion (2018) |
| Total equity | US$769 million (2018) |
Number of employees | 2,500 |
| Website | www |
| Footnotes / references [1][2] | |
The company has 3 divisions:[3]
The company was established in 1973 as an affiliate of Odfjell. In 1974, the first rigs were delivered from Aker ASA, and started service for ELF and Saga Petroleum. The first production drilling contract was awarded by Statoil on the Statfjord oil field in 1979. In 1984, the company expanded to the United Kingdom with a semi-submersible rig for Hamilton Brothers Oil & Gas. In 1989 the company opened an office in Singapore. In 1995, the company decided to concentrate on the North Sea.[4]
In 2013, the company became a public company via an initial public offering on the Oslo Stock Exchange.[5]
In 2017, the company sold its 37% interest in Robotic Drilling Systems, which it acquired in 2014.[6][7]
In 2018, the company announced plans to expand its rig count from 4 to 6 to 10.[8]
In 2018, the company acquired a drilling rig from Samsung.[9]
