Olje og gass 2025: top 10 and bottom 10
Ranked among 91 companies in Olje og gass for fiscal year 2025. Fetched: 26 Oct
Top 10 · 2025 · Morning class Large
| Rank | Company | Score | Operating margin | Equity ratio |
|---|---|---|---|---|
| 1 | Sea1 Offshore Rederi ASOrg. no. 931402900 · Large | 85 | 63.5% | 65.3% |
| 2 | Capeomega Gas Transportation ASOrg. no. 925125814 · Large | 85 | 98.5% | 98.7% |
| 3 | Equinor Refining Norway ASOrg. no. 917209405 · Large | 85 | 76.2% | 62.2% |
| 4 | Enhanced Drilling ASOrg. no. 978712606 · Large | 81 | 31.7% | 51.2% |
| 5 | Equinor Murzuq ASOrg. no. 979390122 · Large | 80 | 87.9% | 57.5% |
| 6 | Omega Subsea ASOrg. no. 997898923 · Large | 80 | 16.7% | 61.6% |
| 7 | TCO Norway ASOrg. no. 932406659 · Large | 79 | 29.3% | 32.5% |
| 8 | Oceaneering ASOrg. no. 932925753 · Large | 74 | 15.4% | 85.7% |
| 9 | Equinor in Salah ASOrg. no. 985648085 · Large | 73 | 72.8% | 51.4% |
| 10 | Reach Subsea Shipping ASOrg. no. 933023001 · Large | 73 | 14.0% | 35.0% |
Bottom 10 · 2025 · Morning class Large
| Rank | Company | Score | Operating margin | Equity ratio |
|---|---|---|---|---|
| 91 | Northern Ocean Wind ASOrg. no. 928762238 · Large | 11 | −1.5% | −2.3% |
| 90 | Transocean Norway Operations ASOrg. no. 990687846 · Large | 13 | −8.2% | −3.6% |
| 89 | Lime Petroleum ASOrg. no. 998726441 · Large | 15 | −7.0% | −15.3% |
| 88 | KISTOS ENERGY (NORWAY) ASOrg. no. 918980946 · Large | 16 | −8.9% | 1.4% |
| 87 | Expro Norway ASOrg. no. 991954023 · Large | 16 | −16.1% | −57.8% |
| 86 | Island Offshore Management ASOrg. no. 984285310 · Large | 21 | −2.2% | 5.3% |
| 85 | Petrolia Noco ASOrg. no. 997015231 · Large | 22 | 15.7% | 0.1% |
| 84 | OKEA ASAOrg. no. 915419062 · Large | 22 | −4.3% | 3.2% |
| 83 | Songa Offshore Rig 3 ASOrg. no. 913292073 · Large | 24 | 6.0% | −1.3% |
| 82 | Odfjell Well Services Norway ASOrg. no. 983793347 · Large | 25 | −0.1% | 6.2% |
How to cite
Source: Morning Analytics, ranking of Olje og gass for fiscal year 2025, based on annual accounts from the Brønnøysund Register Centre. https://morninganalytics.com/en/ranking/olje-gass/2025
- The score (0–100) is our own calculation and compares the company with others in the same sector and size tier. It is not a credit rating.
- Figures are from the latest filed annual accounts. The Brønnøysund Register Centre only checks that accounts are filed, not their content.
- The accounts data are open data under NLOD 2.0. Credit the source when you use the lists.
Indications based on the latest annual accounts from open data. Not investment or financial advice. Methodology