Fred. Olsen Energy

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Fred. Olsen Energy ASA
Type Public
Founded 1997
Headquarters Oslo, Norway
Key people Anette Olsen (Chairman of the board), Helge Haakonsen (CEO)
Industry Petroleum
Products Drilling rigs
Revenue NOK 4,277 million [1]
Operating income ▲ NOK 1,955 million (2007)[1]
Profit ▲ NOK 1,392 million (2007)[1]
Employees 1,100 (2007)[1]
Website www.fredolsen-energy.no

Fred. Olsen Energy (OSE: FOE) is a Norwegian offshore drilling rig company. The company has it's headquarters in Oslo, Norway and is listed on Oslo Stock Exchange. The company's largest owners are Bonheur and Ganger Rolf, each owning 29,51% of the company. The two companies are controlled by the Olsen family.

The company operates ten rigs, including ones operated by the wholly owned subsidiary Dolphin. The company has operation offices in Stavanger, Norway; Aberdeen, United Kingdom, Carmen, Mexico and Singapore. The engineering offices are located in Belfast, United Kingdom.

[edit] History

In 1997 the company is listed on Oslo Stock Exchange. The next year the remotely operated vehicle (ROV) section is sold to Stolt Comex Seaways (now Acergy). Since then the company has bought a number of drilling rigs.

[edit] References

  1. ^ a b c d Annual Report 2007. Fred. Olsen Energy. Retrieved on 2008-05-21.

[edit] External links

v • d • e
Fred. Olsen Group
Holding companies:
Companies:
Comarit  • Fred. Olsen Cruise Lines  • Fred. Olsen Energy  • Fred. Olsen Express  • Fred. Olsen Production  • Fred. Olsen Renewables  • First Olsen Tankers  • Timex Corporation  • TusenFryd
Former companies:
Fred. Olsen Lines  • Fred Olsen Air Transport
People:
Petter Olsen sr  • Thomas Fredrik Olsen  • Rudolf Olsen  • Fredrik Olsen  • Petter Olsen  • Anette S. Olsen
Category:Fred. Olsen
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OBX companies of Norway
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