Odfjell Drilling

Odfjell Drilling Ltd
TypePublic
OSE: ODL.OL
IndustryOil and Gas
Founded1973 (1973)
HeadquartersAberdeen
Bergen
Key people
Kjetil Gjersdal (CEO)
ServicesOffshore drilling services
Number of employees
1600+
Websitewww.odfjelldrilling.com
Footnotes
[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]

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.[8]

Operations

Odfjell Drilling's fleet of semi-submersible drilling rigs operates in harsh environments in several regions worldwide, 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.[9]

References

  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. doi:10.31390/gradschool_dissertations.4639.
  8. ↑ "Corporate management". Odfjell Drilling. Retrieved 2025-11-07.
  9. 1 2 "Our Fleet". Odfjell Drilling. Retrieved 2025-11-07.
  10. ↑ "Deepsea Bollsta". Odfjell Drilling. Retrieved 2025-11-07.