Odfjell Drilling

Last updated
Odfjell Drilling Ltd
Company type Public
OSE: ODL.OL
IndustryOil and Gas
Founded1973;52 years ago (1973)
Headquarters Aberdeen
Bergen
Key people
Kjetil Gjersdal (CEO)
ServicesOffshore drilling services
Number of employees
1600+
Website www.odfjelldrilling.com
Footnotes /references
[1] [2]

Odfjell Drilling is an international drilling company that was listed on the Oslo Stock Exchange on 27 September 2013. Odfjell Drilling was founded in 1973 but has maritime roots dating back to 1914 and experience in the petroleum industry that began in the mid-1960s. [3] [4]

Contents

Ownership

The company was owned by Abraham Odfjell until he transferred ownership to his daughters, Helene Odfjell and Marianne Odfjell, in 2007. They owned the company until 27 September 2013, when it was listed on the Oslo Stock Exchange under the ticker symbol ODL. [5]

In March 2022, Odfjell Drilling underwent a reorganisation, splitting into two separate entities: Odfjell Drilling and Odfjell Technology. [6] Odfjell Technology took over the well services, engineering, and platform drilling segments, while Odfjell Drilling continued to focus on drilling operations. [7]

Leadership

The company is led by Kjetil Gjersdal, who has served as CEO since March 2022. Gjersdal has been with Odfjell Drilling since 2000 and brings more than 30 years of experience in the drilling and well industry. [8]

Harsh Environment Operations

Odfjell Drilling is renowned for its operations in harsh environments. The company’s advanced fleet of semi-submersible rigs operates in some of the world’s most challenging regions, including the North Sea, West of Shetland, the Barents Sea, and deepwater areas off South Africa. [9] [10] These rigs are designed to withstand extreme conditions and deliver reliable, efficient performance for clients. [11]

Rig Fleet

Odfjell Drilling owns and manages several offshore drilling rigs worldwide:

Owned fleet

Rigs under management agreements

Sustainability

Odfjell Drilling is committed to sustainability and upholds high ethical standards, integrity, respect for people, and care for the environment. The company focuses on minimising the environmental impact of its operations and aims to be an industry leader in delivering first-class environmental performance. [12]

  1. "Odfjell Drilling: About". Odfjell Drilling. Archived from the original on 2021-05-10. Retrieved 2019-08-01.
  2. "Odfjell Drilling: Prospectus" (PDF). Odfjell Drilling. Archived from the original (PDF) on 2019-08-01. Retrieved 2019-08-01.
  3. Review, Energy Industry (2018-02-12). "Odfjell Drilling's 45th Anniversary". Energy Industry Review. Retrieved 2025-11-07.
  4. "Odfjell Drilling (ODFJF) Company Profile, History, Products & Services". www.financecharts.com. Retrieved 2025-11-07.
  5. "ODFJELL DRILLING | BMG671801022 | Euronext exchange Live quotes". live.euronext.com. Retrieved 2025-11-07.
  6. admin (2013-09-27). "Public listing of Odfjell Drilling Ltd. at Oslo Børs". All About Shipping. Retrieved 2025-11-07.
  7. Bui, Dung. Essays on Stock Repurchases and Exchange Listing (Thesis). Louisiana State University Libraries.
  8. "Corporate management". Odfjell Drilling. Retrieved 2025-11-07.
  9. "Our Fleet". Odfjell Drilling. Retrieved 2025-11-07.
  10. "Deepsea Bollsta". Odfjell Drilling. Retrieved 2025-11-07.
  11. "Our Fleet". Odfjell Drilling. Retrieved 2025-11-07.
  12. "Sustainability". Odfjell Drilling. Retrieved 2025-11-07.