About Odfjell Drilling
Odfjell Drilling is a publicly listed company based in Stavanger (Norway) founded in 1969. Drilling, engineering, and well services are provided internationally. The company has 1,550 employees. Its chief executive, as recorded, is Simen Lieungh. Its website odfjelldrilling.com draws about 16 thousand monthly visits. Odfjell Drilling offers products and services including Offshore Drilling Services and Sustainability and Safety Services. Its focus areas include Energy and Oilfield Services. Its legal entity is Odfjell Drilling Ltd.
Company details
Odfjell Drilling was established in 1969 and is headquartered in Stavanger, Norway. Operations focus on the oil and gas sector, where drilling services, engineering solutions, and well maintenance are delivered. Activities encompass offshore and onshore projects, supporting exploration and production needs. Leadership is provided by CEO and President Simen Lieungh, with services extended across global markets to ensure operational efficiency.
- Headquarters Stavanger, Norway
- Employees 1,550
- Stage Public
- SectorsEnergy & Utilities
- Email••••••••
- Website odfjelldrilling.com
- Social LinkedIn Facebook Instagram
- Legal Name Odfjell Drilling Ltd.
- Annual Revenue$928.65 M (USD)12.26as on Dec 31, 2025
- Net Profit$178.59 M (USD)158.03as on Dec 31, 2025
- EBITDA$464.32 M (USD)26.17as on Dec 31, 2025
- Latest Funding Round$75M (USD), Post-IPO
Apr 2018
- Investors
- Employee Count1,550
Products & Services of Odfjell Drilling
Odfjell Drilling offers a comprehensive portfolio of products and services, including Offshore Drilling Services and Sustainability and Safety Services.
Offshore drilling services are offered using semi-submersible rigs, with operations conducted in harsh environments to support energy extraction.
Sustainability and safety services are provided, emphasizing environmental protection and risk reduction in drilling activities.
Funding Insights of Odfjell Drilling
- Total Rounds 2
- Last Round Post-IPO — $75M
- First Round $525M
(Aug 2016)
- Investors Count 1
All 2 funding rounds of Odfjell Drilling with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2018 | $75M | Post-IPO | – | – | |
| Aug 2016 | $525M | Debt – Conventional | – | – | – |
1 investors in total: 1 institutional.
Investors in Odfjell Drilling
Odfjell Drilling has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Akastor.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are managed in Norway by Akastor. | 2014 | akastor.com | Lysaker, Norway |
Investor details for Odfjell Drilling
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People of Odfjell Drilling
99 people are tracked at Odfjell Drilling (11 in leadership, 3 in board & advisors, 85 in team); the tracked headcount is 1,550.
| Name | Role | Group |
|---|---|---|
Simen Lieungh | CEO & President | Leadership |
Jakob Korsgaard | Chief Operating Officer | Leadership |
Kjetil Gjersdal | President And Chief Executive Officer | Leadership |
Michael Boysen Nielsen | Chief Commercial Officer | Leadership |
Frode Syslak | CFO | Leadership |
Håkon Klepsvik | CTO | Leadership |
Dominic Bujniewicz | Technical Section Leader / Chief Engineer | Leadership |
Jan Bergsholm | VP Operations Norway (pdr) | Leadership |
Vanessa Chapman | VP Business Development | Leadership |
Gøran Furland | VP QHSE | Leadership |
Bruce Smart | Chief Electrician | Leadership |
Knut Hatleskog | Non-Executive Director | Board & advisors |
Helene Odfjell | Non-Executive Director | Board & advisors |
Harald Thorstein | Non-Executive Director | Board & advisors |
Joran H. | Electrical And Instrumentation Supervisor | Team |
Cecilie Isdahl Gjelsvik | General Counsel / Attorney-at-law MNA | Team |
Ronny Birkeland | Preformans Toolpusher | Team |
Ole Nerlandsrem | Rig Superintendent | Team |
Paul Bell Bsc Hons | Safety Supervisor | Team |
Bjarte Fadnes | Rig Manager | Team |
79 more people are available in the full profile.
Complete people profiles for Odfjell Drilling
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IPO & Listings of Odfjell Drilling
Odfjell Drilling is a publicly listed company on the OSL with ticker symbol ODL in Norway, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date27 Sep 2013
- Listed onEuronext: ODL
- Listed entityOdfjell Drilling Ltd.
- Exchange sectorIndustrial services
- ISINBMG671801022
- Share price106.00 NOK (+0.95% on the day) · 2026-10-14
- Market capitalisation25,179,745,331.00 NOK
- Price to earnings11.3
- EPS (diluted, trailing year)9.40 NOK
- Dividend yield8.58%
- Volume (last session)56,466
Financials of Odfjell Drilling
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 9.36B NOK | 1.80B NOK | 4.68B NOK |
| 2024 | 8.34B NOK | 695.8M NOK | 3.71B NOK |
| 2023 | 7.74B NOK | 2.35B NOK | 3.47B NOK |
| 2022 | 6.25B NOK | 636.9M NOK | 2.96B NOK |
| 2021 | 4.92B NOK | 639.7M NOK | 2.16B NOK |
Detailed financial statements for Odfjell Drilling
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Timeline of Odfjell Drilling
4 dated milestones of Odfjell Drilling across 49 years, from founding to its latest funding, stage changes and deals.
- Founded Odfjell Drilling is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $525.0M.
- Funding Latest funding round, Post-IPO, of $75.0M.
Web traffic of Odfjell Drilling
The website of Odfjell Drilling (odfjelldrilling.com) receives about 15.5K visits a month.
- Monthly visits15.5K
▼ 18.7% vs previous month
Websites whose visitors overlap most with Odfjell Drilling. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
dolphindrilling.no | dolphindrilling.no | 100% | – | ||
| bp.com | 97% | 2.2M | #24,460 | View details | |
| hess.com | 97% | 36K | View details | ||
| archerwell.com | 93% | 53.5K | #508,218 | View details | |
| noblecorp.com | 92% | 38K | #899,447 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for Odfjell Drilling
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Related news about Odfjell Drilling
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Frequently Asked Questions about Odfjell Drilling
Odfjell Drilling was founded in 1969 and raised its 1st funding round 47 years after it was founded.
Odfjell Drilling is headquartered in Stavanger, Norway. It is registered at Stavanger, Rogaland, Norway.
Simen Lieungh is the CEO of Odfjell Drilling, as recorded in our data.
Odfjell Drilling has 1,550 employees.
Annual revenue of Odfjell Drilling is $928.65M as on Dec 31, 2025.
Odfjell Drilling was established in 1969 and is headquartered in Stavanger, Norway. Operations focus on the oil and gas sector, where drilling services, engineering solutions, and well maintenance are delivered. Activities encompass offshore and onshore projects, supporting exploration and production needs. Leadership is provided by CEO and President Simen Lieungh, with services extended across global markets to ensure operational efficiency.
Odfjell Drilling offers Offshore Drilling Services and Sustainability and Safety Services.
Yes, Odfjell Drilling is publicly traded on OSL under the ticker symbol ODL.
Odfjell Drilling has 1 investor. Key investors include Akastor.
Odfjell Drilling operates through Odfjell Drilling Ltd.