Odfjell Drilling Ltd. (OD3) Price & Analysis

Odfjell Drilling Ltd. is an international enterprise primarily engaged in the ownership and operation of mobile offshore drilling units across diverse regions including Norway, the United Kingdom, broader Europe, Asia, and Africa. Its business activities are structured into three principal segments: Mobile Offshore Drilling Units (MODU), Energy, and Well Services (OWS). The MODU segment offers extensive management services to other proprietors of drilling units, encompassing operational stewardship, ensuring adherence to regulatory standards, strategic marketing efforts, client relationship and contract administration, and meticulous preparation for unit operations and mobilization. The Energy segment provides integrated drilling and maintenance solutions specifically for fixed platform drilling rigs located in the North Sea. Furthermore, it delivers engineering expertise, covering aspects such as design, project management, and operational and technical support. Lastly, the OWS (Well Services) segment specializes in services like the deployment of casing and tubulars, wellbore cleansing, and the leasing of drilling tools and tubulars, catering to both exploration and production requirements. Founded in 1914, Odfjell Drilling Ltd. has its main corporate headquarters in Aberdeen, United Kingdom, and functions as a subsidiary of Odfjell Partners Ltd.