Fred. Olsen Energy ASA · Oslo Norway ·(Oslo: FOE)
Company Description
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This link will open in a new window Fred. Olsen Energy has its hold on drilling in the North Sea and in several other oil plays. Through its subsidiaries, the company provides offshore oil and gas drilling services. Through its Dolphin subsidiary, Fred. Olsen operates a fleet of nine semi-submersible rigs and one deepwater drillship used to support offshore drilling activities. Fred. Olsen also provides shipbuilding services through its Harland and Wolff subsidiary. Customers of the group have included Exxon Mobil , Kerr-McGee , Statoil , and Vaalco . Both Bonheur and Ganger Rolf hold about 27% of the company. To read the full description, subscribe now.
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Key Fred. Olsen Energy ASA Financials
| Company Type | Public - Oslo: FOE Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $820.0 |
| Employees | 11 |
Fred. Olsen Energy ASA Executives
16 executives listed for Fred. Olsen Energy ASA's Oslo, location.
| Title | Name & Bio | Contact |
| Chairman | Anette Olsen | Network |
| President, CEO, and Managing Director | Helge Haakonsen | Network |
| CEO | Ivar Brandvold | Network |
Competition
Competitive Landscape for Fred. Olsen Energy ASA
Demand for natural gas depends partly on the health of the US economy and partly on the price of crude oil, a competitive product. The profitability of natural gas companies depends largely on the efficiency of their operations. There are large economies of scale in the production, processing, and distribution of gas, but small companies can effectively compete with large ones in exploration, where technical ability is more important than size. To read the full description, subscribe now.Top Fred. Olsen Energy ASA Competitors
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