Type | Public company |
---|---|
OSE: ODL.OL | |
Industry | Oilfield services |
Founded | 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] |
Odfjell Drilling Ltd. is an oil drilling, well service, and engineering company.
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]
Baker Hughes Company, incorporated under Delaware General Corporation Law and headquartered in Houston, is one of the world's largest oil field services companies. The company provides products and services for oil well drilling, formation evaluation, completion, production, and reservoir consulting. It operates in over 120 countries, with research and manufacturing facilities in Australia, Singapore, Malaysia, India, Dubai, Saudi Arabia, Italy, Germany, Norway, Oklahoma, Louisiana and Missouri. From 2017 to 2020, the company was majority owned by General Electric (GE); however, GE no longer owns an economic stake in the company.
Aker Solutions ASA engineers and builds energy infrastructure while providing a range of products and consultancy services to low-carbon and renewable energy projects. Based in Oslo, the company's critical offerings to the energy industry include the systems and services required to extract oil and gas, build wind-to-grid infrastructure and engineer CO2 capture and sequestration.
A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil. An FPSO vessel is designed to receive hydrocarbons produced by itself or from nearby platforms or subsea template, process them, and store oil until it can be offloaded onto a tanker or, less frequently, transported through a pipeline. FPSOs are preferred in frontier offshore regions as they are easy to install, and do not require a local pipeline infrastructure to export oil. FPSOs can be a conversion of an oil tanker or can be a vessel built specially for the application. A vessel used only to store oil is referred to as a floating storage and offloading (FSO) vessel.
Transocean Ltd. is an American company. It is the world's largest offshore drilling contractor based on revenue and is based in Vernier, Switzerland. The company has offices in 20 countries, including Canada, the United States, Norway, United Kingdom, India, Brazil, Singapore, Indonesia, and Malaysia.
NOV Inc., formerly National Oilwell Varco, is an American multinational corporation based in Houston, Texas. It is a worldwide provider of equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. The company conducts operations in more than 500 locations across six continents, operating through three reporting segments: Rig Technologies, Wellbore Technologies, and Completion & Production Solutions.
A blowout is the uncontrolled release of crude oil and/or natural gas from an oil well or gas well after pressure control systems have failed. Modern wells have blowout preventers intended to prevent such an occurrence. An accidental spark during a blowout can lead to a catastrophic oil or gas fire.
The Clair oilfield is an offshore oil field in Scottish territorial waters 75 kilometres (47 mi) west of Shetland in water depths of up to 140 metres (460 ft). The field is the largest oilfield on the UK Continental Shelf with an estimated 8 billion barrels of oil-in-place, according to the BP Plc’s website. It extends over an area of some 220 square kilometres (85 sq mi), covering five licence blocks.
Seadrill is an offshore drilling contractor providing worldwide offshore drilling services to the oil and gas industry. Its primary business is the ownership and operation of drillships, semi-submersible rigs, and jack-up rigs for operations in shallow to ultra-deep water in both benign and harsh environments. It provides a contract-based service and primarily serves the oil super-majors, integrated oil and gas, state-owned national oil, and independent oil and gas companies.
Dolphin Drilling Holdings Limited is an offshore drilling rig company headquartered in Aberdeen, Scotland, United Kingdom with its main subsidiary Dolphin Drilling AS located in Sandnes, Norway. Until 2019, Dolphin Drilling had its headquarters in Oslo, Norway.
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 liquids, including organic and inorganic bulk liquid chemicals, acids, animal fats, edible oils, portable alcohols and clean petroleum products. Odfjell’s ships are mainly registered in Norway (NIS) and Singapore, and are primarily manned by Norwegian and Filipino mariners.
Songa Offshore SE is a European offshore drilling contractor founded in 2005 with offices in Cyprus, Stavanger, Oslo, Houston, Kuala Lumpur, Aberdeen, and Singapore.
Qserv Ltd. specialised in oil-well services operations, including slickline, coiled tubing and pumping services. In July 2008, the company was acquired by Aker Solutions and it was acquired by EQT Partners in 2013.
Nabors Industries Limited is an American global oil and gas drilling contractor that has operated since 1972. Based in Houston, Texas, Nabors owns the largest land drilling fleet in the world with approximately 400 rigs in more than 20 countries. The company consists of the following business segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. Nabors is notable for its historic association with the Guggenheim family.
The Aban Pearl was a twin-hull, column-stabilized, semi-submersible offshore drilling rig owned and operated by Aban Offshore drilling company. It is registered in Singapore. In 2009, the Aban Pearl became the first offshore gas rig operated by the Venezuela's state-owned oil company PDVSA. In May 2010, the rig sank into the sea though all workers aboard at the time were saved.
GL Noble Denton is one of the oil and gas businesses of DNV GL, headquartered in Hamburg, Germany and London, UK. The company is an independent technical advisor to industry operators across the world.
Cameron International Corporation (formerly Cooper Cameron Corporation (CCC) and Cooper Oil Tool, Cameron Iron Works) though now operating under Schlumberger, is a global provider of pressure control, production, processing, and flow control systems as well as project management and aftermarket services for the oil and gas and process industries. Cameron was acquired by Schlumberger (SLB) in 2016, and now operates as 'Cameron, a Schlumberger Company.' At the start of the SLB acquisition in 2015, Cameron employed approximately 23,000 people and delivered $9.8 billion in revenue.
Ezra Holdings Ltd, also known under their operating brand name of EMAS, is an integrated offshore support provider for the oil and gas industry. The business was founded in 1992 and is headquartered in Singapore. Ezra was listed on the Singapore Exchange Securities Trading Limited (SESDAQ) and promoted to Mainboard on 8 December 2005.
Gulf Drilling International Limited (GDI) is a Qatari Shareholding Company based in West Bay, Doha.
GE Oil & Gas was the division of General Electric that owned its investments in the petroleum industry. In July 2017, this division was merged with Baker Hughes.