Fred. Olsen Energy Company Description
Fred. Olsen Energy has its hold on drilling in the North Sea. Through its subsidiaries, the company provides offshore oil and gas drilling services. Through its Dolphin Drilling 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. It has sold its floating production segment and parts of its offshore drilling and engineering and fabrication segments. Customers of the group have included Exxon Mobil, Kerr-McGee, Statoil, and Vaalco. Both Bonheur and Ganger Rolf hold about 27% of the company.
View the Comprehensive Company Description for Fred. Olsen Energy
The Company Description provides a historical perspective of Fred. Olsen Energy's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Fred. Olsen Energy's evolution in the marketplace.
