Odfjell Technology

Energy market solutions are developed using 50 years of experience.
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About Odfjell Technology

Odfjell Technology is a company.. The company has 2,570 employees as of December 31, 2024. Odfjell Technology has completed 1 acquisition, including McGarian TDC. Odfjell Technology offers products and services including Tubular Running Services, Wellbore Cleanup, and Project Management.

  • Employees 2570 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Financial Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Odfjell Technology Ltd.
Operational Areas
Financial Services → Banking & Financial Institutions
Key Metrics
  • Annual Revenue
    $478.27 M (USD)
    8.08
    as on Dec 31, 2024
  • Net Profit
    $22.3 M (USD)
    -26.44
    as on Dec 31, 2024
  • EBITDA
    $69.81 M (USD)
    -2.55
    as on Dec 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    2570

    as on Dec 31, 2024

  • Investments & Acquisitions
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IPO & Listings of Odfjell Technology

Odfjell Technology is a publicly listed company on the OSL with ticker symbol OTL 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.

Exchange: OSL · Ticker: OTL . Sector: Industrial services · Norway

Products & Services of Odfjell Technology

Odfjell Technology offers a comprehensive portfolio of products and services, including Tubular Running Services, Wellbore Cleanup, and Project Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Services for installing tubulars in oil wells efficiently.

Tools and methods for cleaning oil wellbores.

Management of energy projects for efficiency.

People of Odfjell Technology
Headcount 1000-5000
Employee Profiles 101
Employee Profiles
People
James Paulo Cadevida
Operational Purchaser
People
Krista Jakobsen
Performance & Compliance Manager
People
Ben Jones
Control Of Work / QHSE Safety Coordinator
People
Shaun Bartlett
Driller

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Funding Insights of Odfjell Technology

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investments & Acquisitions by Odfjell Technology

Odfjell Technology has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include McGarian TDC. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Oil services and survey tools are specialized for drilling applications.
2005
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Odfjell Technology

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Odfjell Technology Comparisons

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Competitors of Odfjell Technology

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Odfjell Technology

Financial calendar
Oslo Stock Exchange1 month ago
Financial calendar
Oslo Stock Exchange1 month ago
Odfjell Technology Ltd - Ex Dividend Q3 2025
Oslo Stock Exchange2 months ago

Frequently Asked Questions about Odfjell Technology

How many employees does Odfjell Technology have?

As of Dec 31, 2024, the latest employee count at Odfjell Technology is 2,570.

What is the annual revenue of Odfjell Technology?

Annual revenue of Odfjell Technology is $478.27M as on Dec 31, 2024.

What does Odfjell Technology do?

Fifty years of industry experience are combined with emerging technologies at Odfjell Technology to address needs in the energy sector. Solutions are created for evolving market demands, with operations centered on innovation in energy-related services. The company functions within the global energy industry, though specific geographic details are not specified. Focus areas include technological development for sustainable applications.

What products or services does Odfjell Technology offer?

Odfjell Technology offers Tubular Running Services, Wellbore Cleanup, and Project Management.

Is Odfjell Technology publicly traded?

Yes, Odfjell Technology is publicly traded on OSL under the ticker symbol OTL.

How many acquisitions has Odfjell Technology made?

Odfjell Technology has made 1 acquisition, including McGarian TDC.

What is Odfjell Technology's ticker symbol?

The ticker symbol of Odfjell Technology is OTL on OSL.

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