Sector

Oil and gas

586 companies ranked against comparable companies in three size tiers. Fiscal year 2024. Source: Brønnøysund Register Centre. Methodology

Large

Large · 2024
#	Company	Profile	Score	Change
1	INTERWELL HOLDING 2 AS	Leader	78	+15
2	SOLSTAD CONSTRUCTION AS	Leader	76	+43
3	PARTNERS GROUP SWAN HOLDING AS	Leader	75	+16
4	EQUINOR MURZUQ AS	Leader	74	−10
5	DOF SUBSEA NORWAY AS	Leader	73	0
6	DOF SUBSEA REDERI AS	Leader	71	+4
7	INPEX IDEMITSU NORGE AS	Leader	71	−11
8	TECHNIP COFLEXIP NORGE AS	Leader	70	0
9	NORMAND DRIFT AS	Leader	68	+39
10	BEERENBERG AS	Steward	68	+2
11	SUBSEA 7 NORWAY AS	Leader	67	−2
12	METEVA AS	Leader	65	−13
13	INTERWELL NORWAY AS	Leader	65	−17
14	EQUINOR IN AMENAS AS	Leader	64	−9
15	HARBOUR ENERGY NORGE AS	Sprinter	64	−1
16	EQUINOR NORSK LNG AS	Steward	64	+47
17	EQUINOR ANGOLA BLOCK 31 AS	Sprinter	63	+6
18	SUBSEA 7 HOLDING NORWAY AS	Steward	63	0
19	EQUINOR ANGOLA BLOCK 15 AS	Sprinter	63	+6
20	INTERWELL HOLDING 1 AS	Leader	62	0
21	OCEAN INSTALLER HOLDING AS	Leader	62	+14
22	OCEANEERING AS	Steward	61	+12
23	EQUINOR E&P AMERICAS AS	Steward	61	−1
24	ORLEN UPSTREAM NORWAY AS	Leader	61	+9
25	EQUINOR ENERGY INTERNATIONAL AS	Steward	60	+4
26	DEEPOCEAN AS	Leader	60	+31
27	EQUINOR IN SALAH AS	Leader	59	−9
28	HALLIBURTON AS	Steward	58	−5
29	IKM TESTING AS	Leader	58	+1
30	BILFINGER ISP OFFSHORE NORWAY AS	Steward	58	−3
31	PANDION ENERGY HOLDING AS	Steward	58	+1
32	AKER BP ASA	Leader	57	+6
33	COSL OFFSHORE MANAGEMENT AS	Steward	57	−9
34	TOTALENERGIES EP NORGE AS	Sprinter	56	+9
35	PARTNERS GROUP SWAN TRANSPORTATION AS	Steward	56	+13
36	EQUINOR APSHERON AS	Sprinter	56	−21
37	OKEA ASA	Sprinter	55	+31
38	DOF OFFSHORE HOLDING AS	Steward	54	−6
39	EQUINOR ENERGY AS	Leader	54	−11
40	EQUINOR DEZASSETE AS	Sprinter	53	−5
41	NOV PROCESS & FLOW TECHNOLOGIES AS	Builder	53	+19
42	EQUINOR ASA	Steward	53	−6
43	SEADRILL OFFSHORE AS	Steward	53	+9
44	EQUINOR ANGOLA BLOCK 17 AS	Sprinter	51	−6
45	OCEAN INSTALLER II AS	Leader	51	+3
46	KAEFER ENERGY AS	Builder	51	−2
47	EQUINOR BTC FINANCE AS	Sprinter	51	+2
48	AKOFS OFFSHORE AS	Steward	50	−1
49	VETCO GRAY SCANDINAVIA AS	Sprinter	50	+23
50	ENHANCED DRILLING HOLDING AS	Steward	49	−1
51	REPSOL NORGE AS	Sprinter	48	−2
52	ARCHER OILTOOLS AS	Builder	47	+3
53	OCEAN INSTALLER AS	Sprinter	47	−3
54	ONESUBSEA AS	Sprinter	46	+21
55	ALTUS INTERVENTION AS	Steward	46	−13
56	A/S Norske Shell	Sprinter	46	−1
57	DEEP SEA RIG AS	Builder	45	+14
58	BEERENBERG SERVICES AS	Builder	45	−2
59	APPLY AS	Sprinter	45	+6
60	LINJEBYGG AS	Builder	44	+14
61	LIME PETROLEUM HOLDING AS	Steward	44	–
62	DNO IRAQ AS	Steward	43	−29
63	OMV NORGE AS	Sprinter	43	−1
64	CONOCOPHILLIPS SKANDINAVIA AS	Sprinter	43	+4
65	DOF GROUP ASA	Steward	42	+1
66	ODFJELL INVEST AS	Builder	42	−13
67	SAIPEM DRILLING NORWAY AS	Sprinter	41	+20
68	H&P DRILLING NORGE AS	Sprinter	41	−10
69	LIME PETROLEUM AS	Builder	40	+21
70	SCHLUMBERGER NORGE AS	Builder	40	+13
71	EQUINOR NIGERIA AS	Builder	39	+10
72	AKER SOLUTIONS AS	Builder	39	+17
73	TECHDOF BRASIL AS	Steward	39	−24
74	VÅR ENERGI ASA	Sprinter	39	0
75	ARCHER AS	Builder	38	−9
76	WELLESLEY PETROLEUM AS	Steward	38	−39
77	SEA1 OFFSHORE REDERI AS	Leader	37	−24
78	WOOD GROUP NORWAY AS	Builder	37	+1
79	BAKER HUGHES NORGE AS	Steward	37	−7
80	PANDION ENERGY AS	Sprinter	36	−3
81	CIMC OFFSHORE AS	Builder	36	+30
82	DEEP SEA DRILLING COMPANY AS	Builder	36	−3
83	DNO NORGE AS	Sprinter	34	−1
84	ODFJELL INVEST II AS	Builder	34	−6
85	TRANSOCEAN NORWAY OPERATIONS AS	Builder	31	+6
86	STATHOLDING AS	Builder	29	−9
87	H&P MODU OPERATIONS AS	Builder	28	+2
88	DEEP SEA MANAGEMENT AS	Builder	28	+8
89	ODFJELL OPERATIONS AS	Builder	28	+3
90	SPIRIT ENERGY NORWAY AS	Builder	22	−21
91	SONGA OFFSHORE RIG 3 AS	Builder	20	−5
92	GASSCO AS	Builder	16	−2
93	SONGA OFFSHORE RIG 2 AS	Builder	16	+1
94	COSL NORWEGIAN AS	Builder	14	+5
95	EQUINOR REFINING NORWAY AS	Builder	13	−16

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Medium

Medium · 2024
#	Company	Profile	Score	Change
1	EXXONMOBIL EXPLORATION AND PRODUCTION NORWAY AS	Leader	90	+23
2	OLYMPIC CHALLENGER AS	Leader	87	+22
3	H&P NORGE AS	Leader	85	−14
4	REM SALTIRE AS	Leader	80	+11
5	FC WELL INVEST AS	Leader	80	+16
6	WEST SUPPLY III AS	Leader	79	+22
7	OMEGA SUBSEA AS	Leader	77	+28
8	OLYMPIC ARES AS	Leader	76	+24
9	OLYMPIC OFFSHORE WIND AS	Sprinter	74	+4
10	SCANA HOLDING AS	Leader	74	+11
11	BELGRAVIA AS	Steward	73	+4
12	ØCH INVEST AS	Steward	73	−7
13	NORTH SEA GIANT AS	Leader	73	−2
14	NOBLE INTREPID OPERATIONS AS	Steward	72	+24
15	ALLAN AS	Steward	72	–
16	EIDESVIK REACH AS	Leader	71	0
17	REACH SUBSEA SHIPPING AS	Leader	71	–
18	IKM AQUAMARINE AS	Leader	71	+17
19	SIAI HOLDING AS	Steward	71	−1
20	E PLUG AS	Leader	70	+8
21	FLUID CONTROL SERVICE AS	Leader	70	−5
22	GINA KROG AS	Leader	70	+36
23	IZOMAX AS	Leader	70	+10
24	OLYMPIC ARTEMIS AS	Sprinter	69	+14
25	RAMCO NORWAY AS	Leader	69	+20
26	GRAND CANYON 2 AS	Leader	69	+18
27	NORTH SEA GIANT II AS	Leader	67	+1
28	INDEPENDENT OIL TOOLS AS	Leader	67	+9
29	OLYMPIC OPERATION AS	Sprinter	66	+18
30	FOURPHASE AS	Leader	66	+10
31	OLYMPIC HOLDING CHARTERING AS	Leader	66	−2
32	REM SUBSEA AS	Sprinter	66	−15
33	ENHANCED DRILLING AS	Leader	65	0
34	SCAN TECH AS	Leader	65	0
35	NORTH SEA ENABLER AS	Leader	64	–
36	TDW OFFSHORE SERVICES AS	Leader	64	+56
37	IKM HOLDING AS	Leader	64	−14
38	PETROJARL I PRODUCTION AS	Leader	63	+50
39	MOHN DRILLING AS	Sprinter	63	+9
40	INTELLISERV NORWAY AS	Leader	63	−17
41	EQUINOR PROJECTS HOLDING AS	Steward	63	–
42	HAVILA SUBSEA AS	Leader	63	+3
43	FORCE TECHNOLOGY NORWAY AS	Leader	63	+9
44	BEERENBERG HOLDING AS	Steward	63	+3
45	CAPEOMEGA GAS TRANSPORTATION AS	Leader	62	−14
46	GRAND CANYON 3 AS	Steward	62	+6
47	ODFJELL DRILLING AS	Sprinter	62	−6
48	BOKA TOPAZ OPERATION AS	Steward	60	−9
49	PETROLIA AS	Steward	59	0
50	WELLPARTNER AS	Leader	59	−14
51	NORSKAN AS	Steward	58	+4
52	OLYMPIC SUBSEA SHIPHOLDING AS	Steward	58	+16
53	TOOLSERV AS	Sprinter	56	+8
54	AKER SOLUTIONS HOLDING AS	Steward	55	−17
55	SOURCE ENERGY AS	Sprinter	55	+32
56	ODFJELL TERMINALS US HOLDING AS	Steward	55	–
57	NORTH SEA INFRASTRUCTURE AS	Sprinter	54	+2
58	NORPIPE OIL AS	Sprinter	54	−12
59	IK SUBSEA AS	Sprinter	54	−12
60	SARENS AS	Builder	54	−11
61	MACRO OFFSHORE AS	Steward	54	+17
62	DEEP SEA DRILLING COMPANY I AS	Sprinter	53	+12
63	DOF SUBSEA ATLANTIC AS	Steward	53	−14
64	SUB SEA SERVICES AS	Sprinter	53	−10
65	THREE60 ENERGY NORWAY AS	Sprinter	53	+6
66	PERENCO VIETNAM AS	Sprinter	52	−6
67	SUBSEAPARTNER AS	Sprinter	52	+2
68	STOLT-NIELSEN HOLDING AS	Steward	52	+1
69	DEEPOCEAN GROUP HOLDING AS	Steward	52	−23
70	KVENNA AS	Sprinter	52	−6
71	EQUINOR LNG SHIP HOLDING AS	Steward	51	−11
72	OTECH MARINE SERVICES NORWAY AS	Sprinter	51	−7
73	APL NORWAY AS	Steward	50	−4
74	OLYMPIC SUBSEA ASA	Steward	50	−5
75	PSW TECHNOLOGY AS	Sprinter	50	+12
76	JACKTEL AS	Leader	49	+1
77	GULLHEIM HOLDING AS	Steward	49	+11
78	EQUINOR ANGOLA BLOCK 46 AS	Steward	49	−19
79	BW OFFSHORE NORWAY AS	Sprinter	49	−28
80	H&P OFFSHORE AS	Steward	48	−26
81	AKOFS OFFSHORE OPERATIONS AS	Sprinter	48	+18
82	ALLSEAS NORWAY AS	Builder	48	+4
83	IKM SUBSEA HOLDING AS	Steward	47	0
84	CONNECTOR SUBSEA SOLUTIONS AS	Leader	46	−14
85	EQUINOR INTERNATIONAL WELL RESPONSE COMPANY AS	Sprinter	46	−23
86	AKOFS NORWAY OPERATIONS AS	Sprinter	46	+23
87	JAPEX NORGE AS	Steward	46	+22
88	DEEP SEA MANAGEMENT INTERNATIONAL AS	Sprinter	46	+19
89	BOSKALIS OFFSHORE AS	Builder	45	−11
90	TCO NORWAY AS	Sprinter	45	–
91	KANFA AS	Sprinter	45	−9
92	ODFJELL TERMINALS GLOBAL HOLDING AS	Steward	45	–
93	OLYMPIC OFFSHORE AS	Steward	44	+7
94	NORTH ATLANTIC AS	Leader	44	−11
95	ODFJELL TECHNOLOGY AS	Builder	44	+1
96	SEA1 OFFSHORE AS	Builder	44	−5
97	EQUINOR ALGERIA AS	Steward	44	−4
98	VOLANTIS OPERATION AS	Builder	44	+10
99	SEA1 OFFSHORE MARITIME PERSONNEL AS	Sprinter	43	+4
100	SEA1 OFFSHORE CREW AS	Sprinter	43	−1
101	GRAND CANYON OPERATION 2 AS	Builder	42	+7
102	DELMAR SYSTEMS AS	Sprinter	42	+8
103	HAVILA CHARTERING AS	Sprinter	42	+9
104	DNO ASA	Builder	41	−14
105	NOBLE INTEGRATOR OPERATIONS AS	Builder	41	−3
106	H&P DRILLING OFFSHORE SERVICES AS	Sprinter	41	+16
107	SOLSTAD SUPERIOR AS	Builder	41	+7
108	ENHANCED WELL TECHNOLOGIES AS	Steward	41	+1
109	GRAND CANYON OPERATION 3 AS	Builder	41	+2
110	EQUINOR ANGOLA BLOCK 1/14 AS	Steward	41	−4
111	RIDGE HOLDING AS	Steward	40	−6
112	OLYMPIC CREWING AS	Sprinter	40	−12
113	ARCHER NORGE AS	Builder	39	+7
114	NORTH SEA SHIPPING AS	Builder	39	+7
115	VAN OORD NORWAY AS	Builder	39	−32
116	SOLSTAD OPERATIONS HOLDING AS	Steward	39	−9
117	EQUINOR TANZANIA AS	Steward	39	−13
118	OZ MIDCO AS	Steward	38	+2
119	PETORO AS	Builder	38	+4
120	M VEST AS	Builder	38	+9
121	DNO TECHNICAL SERVICES AS	Builder	38	−2
122	ALTERA KNARR AS	Builder	38	+7
123	ON & OFFSHORE SERVICES AS	Builder	38	−10
124	M VEST ENERGY AS	Sprinter	37	+1
125	TENDEKA AS	Builder	37	−15
126	IKM SUBSEA AS	Sprinter	37	+14
127	AXTECH AS	Builder	37	−7
128	KISTOS ENERGY (NORWAY) AS	Builder	36	+12
129	RAMCO HOLDINGS NORWAY AS	Sprinter	36	+1
130	INTERWELL AS	Builder	36	+7
131	EQUINOR MIDSTREAM & TRADING AS	Steward	36	−20
132	ATTICA EXPLORATION AS	Steward	35	−11
133	PETROLIA NOCO AS	Builder	35	+21
134	ENHANCED WELL TECHNOLOGIES GROUP AS	Steward	35	−15
135	WELLTEC OILFIELD SERVICES (NORWAY) AS	Sprinter	35	−2
136	ADOON AS	Steward	34	–
137	DEEP CYGNUS OPERATION AS	Builder	34	−15
138	ODFJELL WELL SERVICES NORWAY AS	Builder	33	−2
139	STATOIL SP GAS AS	Builder	33	−10
140	MARDAHL INDUSTRI AS	Builder	33	+5
141	SFAX PETROLEUM CORPORATION AS	Steward	33	+2
142	EQUINOR ARGENTINA AS	Steward	32	−4
143	PANORO TUNISIA PRODUCTION AS	Steward	32	−21
144	DOLPHIN DRILLING OFFSHORE AS	Builder	32	−38
145	RIG LINUS CONTRACTOR AS	Sprinter	32	+22
146	ALTERA INFRASTRUCTURE PRODUCTION AS	Builder	32	−2
147	SIEM OFFSHORE OPCO AS	Sprinter	32	–
148	ISLAND OFFSHORE CREWING AS	Builder	31	+5
149	DOF SUBSEA CHARTERING AS	Builder	29	−9
150	NOBLE INVINCIBLE OPERATIONS AS	Builder	28	+7
151	EQUINOR ENERGY LIBYA AS	Builder	26	−10
152	ISLAND OFFSHORE MANAGEMENT AS	Builder	25	−23
153	SLB KRISTIANSAND AS	Builder	25	+12
154	ODFJELL WELL SERVICES AS	Builder	25	−2
155	OPTIME SUBSEA AS	Builder	25	−21
156	ARCHER VERTIKAL AS	Builder	24	−26
157	CLAXTON ENGINEERING SERVICES AS	Builder	22	+1
158	AKOFS 2 AS	Builder	21	−6
159	ISLAND DRILLING CREWING AS	Builder	20	+1
160	WEATHERFORD NORGE AS	Builder	18	−52
161	LINJEBYGG NORWAY AS	Builder	17	+10
162	SEA1 OFFSHORE OSCV AS	Builder	15	+6
163	EXPRO NORWAY AS	Builder	13	−16
164	NOBLE DRILLING (NORWAY) AS	Builder	13	−11
165	DOF SUBSEA REDERI III AS	Builder	7	−29
166	ISLAND DRILLING COMPANY AS	Builder	6	−31
167	TRANSOCEAN BARENTS ASA	Builder	2	−4

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Small

Small · 2024
#	Company	Profile	Score	Change
1	M VEST INVEST 2 AS	Leader	97	+16
2	CINCLUS IV AS	Leader	85	+8
3	VHV CONSULTING AS	Leader	85	+16
4	SUBCAP AS	Leader	84	−6
5	SIV.ING. TORGEIR AUNE AS	Leader	83	−4
6	TJERBO INVEST AS	Leader	82	+4
7	MARDAHL INVEST AS	Leader	82	+34
8	JARALA AS	Leader	80	+7
9	LANGGÅRD AS	Leader	80	−7
10	RDS HOLDING AS	Leader	80	−2
11	RGA ENERGY HOLDINGS AS	Leader	80	−4
12	ATNO CONSULTING AS	Leader	78	−1
13	LTG INVEST AS	Leader	77	−11
14	MCPHERSON AS	Leader	76	–
15	REUTZ CONSULTING AS	Leader	75	−5
16	HAGGI INVEST AS	Leader	75	+3
17	NORD AS	Leader	75	−4
18	CAPTROL AS	Leader	75	+6
19	STRINDFJORDEN AS	Steward	74	−9
20	PRIMARY SOLUTIONS AS	Sprinter	74	+68
21	KVERNVOLD INVEST AS	Leader	74	+9
22	EXPLONOR AS	Leader	74	−8
23	TE AKTIVA AS	Leader	73	+2
24	MINERALS GROUP AS	Leader	73	−8
25	TECNOR AS	Sprinter	73	+18
26	KARL EGIL KLEVSTADLIEN OFFSHORE AS	Steward	72	−6
27	PROPLAN PROJECT PLANNING AS	Leader	72	+2
28	SJØLIE OFFSHORE AS	Leader	72	+7
29	JEPSEN OFFSHORE AS	Leader	72	−7
30	KONGSLIEN PETROPHYSICS AS	Leader	71	−8
31	LEFDAL WELL CONSULTANTS AS	Steward	71	−5
32	FRANCON AS	Leader	71	−4
33	LYNX OFFSHORE AS	Leader	71	+42
34	CEMIKO AS	Leader	71	−3
35	CONSTRUCTION SERVICES AS	Leader	71	+3
36	KJEL OG BRENNERSERVICE AS	Leader	71	+12
37	BUKTA HOLDING AS	Leader	70	+2
38	AKA SPH AS	Leader	70	+2
39	EPTEC - ENERGY & PROCESS TECHNIC AS	Steward	70	+1
40	YOUNG EXPLORATION AS	Sprinter	70	+14
41	WEST SUPPLY VII EIER AS	Leader	69	+4
42	ICR INTEGRITY NORGE AS	Leader	69	−1
43	KIMEK OFFSHORE RESOURCES AS	Steward	69	0
44	HVAC OFFSHORE AS	Leader	69	−17
45	KAMA CONSULTING AS	Steward	69	−17
46	CEMAS AS	Steward	68	−10
47	JANSEN INVEST AS	Steward	68	+11
48	NITROGAS AS	Leader	68	−12
49	WELL ID AS	Sprinter	67	+9
50	NYNAS AS	Leader	67	+9
51	AKER SOLUTIONS FINANCIAL HOLDING AS	Steward	67	–
52	R.NEVLAND AS	Leader	67	−6
53	NYE FJELLBERG EIENDOM AS	Leader	67	+12
54	PETROLEUM GEO-TECHNOLOGY AS	Leader	67	+28
55	SIEN AS	Steward	67	−11
56	FLOWPARTNER AS	Sprinter	67	+4
57	ALTERA INFRASTRUCTURE CREWING AS	Leader	66	+13
58	OLYMPIC TRITON II AS	Sprinter	65	+20
59	HILDR AS	Steward	65	−9
60	JON LINDMAN AS	Steward	65	−9
61	DET NORSKE OLJESELSKAP AS	Leader	64	−1
62	REM SALTIRE HOLDING AS	Leader	64	+18
63	KOMPLEMENTAR CCB AS	Leader	64	−19
64	FEISTEIN AS	Leader	64	−20
65	RPG NORGE AS	Leader	64	−7
66	SUPERIOR ENERGY SERVICES (NORWAY) AS	Leader	64	+4
67	H. CONSULT AND INVEST AS	Steward	64	−8
68	ODIN DIVING NORGE AS	Sprinter	64	+21
69	HAVILA SUBSEA MANAGEMENT AS	Leader	63	+1
70	OPTIMISER AS	Steward	63	−3
71	HV VII INVEST DAGS AS	Steward	63	−2
72	OLYMPIC TAURUS AS	Sprinter	63	+19
73	SCANWELL AS	Leader	62	+6
74	KIMEK OFFSHORE AS	Sprinter	62	+2
75	EQUINOR VENTURES AS	Steward	62	+8
76	HOGNEST AS	Steward	62	−4
77	EQUINOR CHINA AS	Steward	61	+5
78	ONSITE TREATMENT SERVICES AS	Sprinter	61	+3
79	EIDESVIK NEPTUN II AS	Steward	61	−29
80	FAMOS ENGINEERING AS	Steward	61	−12
81	VISION OF ENERGY AS	Steward	60	−8
82	SUNDOWN INVEST AS	Sprinter	60	−33
83	STATOIL IRAN AS	Steward	60	−2
84	ARNE STANG INVEST AS	Steward	60	+4
85	IKM AS	Steward	60	+21
86	HAUKAAS CONSULTING AS	Sprinter	60	−4
87	MORE HOLDCO APPLY AS	Leader	60	−1
88	PETROMARIN HOLDING AS	Steward	60	+2
89	PETROLIA INVEST AS	Steward	59	+8
90	PETRODATA AS	Leader	59	+28
91	SPIRIT NORWAY HOLDING AS	Leader	59	+14
92	SEA1 OFFSHORE INVEST AS	Leader	59	0
93	FISHFINDER AS	Steward	59	+10
94	AMA OCEAN AS	Steward	59	−7
95	IKM GRUPPEN AS	Leader	59	+13
96	TARGS AS	Sprinter	59	−6
97	SAIPEM NORGE AS	Sprinter	59	−1
98	VERTECH OFFSHORE AS	Sprinter	58	+7
99	SOUTH EAST MARINE AS	Leader	58	−4
100	OLJEVEDLIKEHOLD AS	Steward	58	−10
101	PRA GROUP EUROPE PORTFOLIO AS	Steward	58	−12
102	TORE.HALVORSEN AS	Steward	58	−16
103	HEYGAZ NORWAY AS	Steward	58	–
104	PETRONOR AS	Sprinter	58	+5
105	J PERCY AS	Leader	58	+6
106	GOGC ENERGY NORWAY AS	Steward	58	+2
107	DOLPHIN DRILLING OPERATIONS AS	Leader	58	−1
108	WELLPARTNER HOLDING AS	Leader	58	−2
109	REMOTION AS	Sprinter	57	−10
110	NØSTE ENERGI AS	Sprinter	57	+32
111	SF-GASS AS	Sprinter	57	+43
112	ARCADE DRILLING AS	Steward	57	−17
113	RIG PARTNER PROJECT AS	Sprinter	56	−3
114	AT-JOA INVEST AS	Leader	56	−12
115	NORMAND SUPERIOR AS	Sprinter	56	+12
116	CMO AS	Steward	56	−14
117	MANGERUD AS	Sprinter	56	−1
118	PROSIK AS	Sprinter	56	–
119	BENGT ARE WÅGHEIM HOLDING AS	Sprinter	55	0
120	HAVILA MARITIME DIS I AS	Sprinter	55	+18
121	OLYMPIC DELTA AS	Sprinter	55	+4
122	WAVZ ENGINEERING SERVICES AS	Sprinter	55	+10
123	NOS RENTAL AS	Sprinter	55	+6
124	TASTA DRILLING AS	Sprinter	55	−19
125	GM DEEPWATER CONSULTANCY AS	Leader	54	−11
126	REPSOL PERPETUAL NORGE AS	Steward	54	+3
127	AEONIAN 36 AS	Steward	54	–
128	ROCKWOOD CONSULTING AS	Sprinter	54	+1
129	NORWEGIAN WELL CONTROL AS	Steward	54	+2
130	HAVILA SUBCON AS	Sprinter	54	+21
131	ATDL AS	Steward	54	+2
132	IKM FLUID TREATMENT SOLUTIONS AS	Sprinter	54	+21
133	JWS GRUPPEN AS	Steward	53	+3
134	PSW SOLUTIONS AS	Sprinter	53	−2
135	E INNOVATION NORGE AS	Sprinter	53	+1
136	DEEP C SOLUTIONS AS	Sprinter	53	+6
137	NORDIC SUBSEA AS	Sprinter	53	+24
138	PROPROC AS	Sprinter	53	+6
139	AFP AS	Steward	53	−8
140	ON & OFFSHORE HOLDING AS	Leader	53	−3
141	HOVE FINANS AS	Steward	53	−20
142	DF RENTAL AS	Sprinter	53	+15
143	JOHANNES ØSTENSJØ DY AS	Steward	53	−7
144	AKASTOR AS	Steward	52	−18
145	GC RIEBER SHIPPING AS	Steward	52	+2
146	EQUINOR ANGOLA BLOCK 40 AS	Steward	52	−3
147	AKER INSTALLATION FP AS	Sprinter	52	−13
148	APC AS	Steward	52	−2
149	NORTERMINAL FLOATING STORAGE AS	Steward	52	−3
150	KOLBEINSVARDEN AS	Sprinter	52	+1
151	KOKSTAD CHARTERING AS	Sprinter	51	−5
152	ENIFLUX AS	Sprinter	51	+38
153	KINNA AS	Steward	51	−29
154	DF PROPERTIES AS	Steward	51	0
155	MYRHAUG MARINE AS	Sprinter	51	−9
156	HAVILA PHOENIX AS	Sprinter	51	+10
157	PETROLIA RIGS AS	Leader	51	+16
158	WELL INTERCEPT AS	Sprinter	51	+8
159	EQUINOR ANGOLA BLOCK 31/21 AS	Steward	51	+7
160	ALLOCEAN AS	Steward	50	−1
161	SELNES GEOSCIENCE CONSULTING AS	Sprinter	50	+36
162	REX GEO SOLUTION AS	Sprinter	50	+5
163	OMS INVESTERING AS	Sprinter	50	–
164	MODI VIVENDI AS	Sprinter	50	+10
165	CRYSTAL PRODUCTION AS	Steward	50	+8
166	ATLANTIC OFFSHORE ALPHA AS	Builder	50	+19
167	WEST SUPPLY VII DRIFT AS	Sprinter	49	−7
168	NINE DOWNHOLE NORWAY AS	Sprinter	49	+1
169	NORWEGIAN GREEN ENERGY AS	Steward	49	−3
170	NORTH SEA RIGS AS	Sprinter	49	+25
171	EQUINOR ANGOLA BLOCK 47 AS	Steward	49	−18
172	HAVEN RIGCO AS	Steward	49	–
173	JANSEN OG WILLUMSEN SERVICES AS	Builder	49	+3
174	EQUINOR ANGOLA AS	Steward	49	−2
175	AKASTOR ASA	Steward	48	+12
176	DF GROUP AS	Builder	48	−11
177	RUTINE INVEST AS	Steward	48	−8
178	MOHR AS	Steward	47	−21
179	PHRONTESEAS AS	Sprinter	47	0
180	CAKN HOLDING AS	Steward	47	−13
181	SKILBREI PETEK AS	Builder	47	−10
182	LOGE RESOURCES AS	Sprinter	47	+8
183	EQUINOR BTC CASPIAN AS	Sprinter	46	+19
184	MOORE ENERGY AS	Sprinter	46	+10
185	DOF SUBSEA AS	Builder	46	+2
186	VESTERVIND CONTRACTORS AS	Steward	46	+38
187	TIOS CREWING AS	Sprinter	46	+7
188	PETROLINK SUPPORT AS	Sprinter	46	+7
189	SUPPLY CHAIN MANAGEMENT SERVICES AS	Steward	46	−18
190	KNUTSEN NEW ENERGY AS	Steward	45	−4
191	EQUINOR ANGOLA BLOCK 25 AS	Steward	45	−4
192	ASSET INTEGRITY AS	Sprinter	45	−16
193	HAVILA SUBSEA & RENEWABLES AS	Builder	45	+5
194	IQI CERTIFICATION AS	Builder	45	−9
195	BRIGHTSKIES GEOSCIENCE AS	Steward	45	+1
196	SCANA ASA	Steward	45	+2
197	EQUINOR RUSSIA ENERGY AS	Steward	45	−12
198	PETRICA AS	Steward	45	−17
199	KELLOGG BROWN & ROOT (NORWAY) AS	Steward	44	−18
200	DIESEL CARE AS	Sprinter	44	−3
201	OLYMPIC ELECTRA AS	Sprinter	44	+5
202	S-ENERGY AS	Builder	44	+6
203	BIRAL LUBRICANTS NORWAY AS	Sprinter	44	+9
204	WEST ASSET MANAGEMENT AS	Sprinter	43	–
205	INGINEERING AS	Builder	43	−14
206	OLYMPIC CREW MANAGEMENT AS	Sprinter	43	+1
207	ALFA NORDIC SERVICES AS	Builder	43	−1
208	DEEP C HOLDING AS	Sprinter	43	+15
209	NORTH SEA OFFSHORE AS	Builder	42	+7
210	CACTUS INTERNATIONAL AS	Sprinter	42	−1
211	NORTH SEA SHIPPING HOLDING AS	Builder	42	−7
212	AKER SOLUTIONS ASA	Builder	42	−4
213	NORAM DRILLING AS	Steward	42	+1
214	SHELF DRILLING (NORWAY) AS	Builder	42	+6
215	SUBSEA INSULATION AS	Sprinter	42	+11
216	HUNTING ENERGY SERVICES (NORWAY) AS	Builder	41	−1
217	HAVILA SUBSEA & RENEWABLES HOLDING AS	Steward	41	+3
218	MORELD GROUP AS	Steward	41	–
219	CABRAL AS	Builder	41	+5
220	DIATEK AS	Builder	40	−19
221	OFFSHORE RESOURCE GROUP AS	Builder	40	+31
222	HAVILA SUBSEA CREWING AS	Builder	40	−17
223	PIRANEMA PRODUCTION AS	Steward	40	−1
224	NDT GLOBAL AS	Builder	40	+13
225	ARISONAS AS	Builder	39	+15
226	GEO CASPIAN AS	Sprinter	39	+4
227	HAVILA HARMONY AS	Sprinter	39	−5
228	ROV & DYKKER SERVICE AS	Steward	39	−25
229	IK GROUP AS	Builder	38	−2
230	ISLAND DRILLING MANAGEMENT AS	Builder	38	−26
231	NORTHERN OCEAN WAVE AS	Builder	38	+6
232	ABILITY HOLDING AS	Builder	38	−3
233	RAVEN INVEST AS	Sprinter	37	−24
234	SUB AQUA TECHNOLOGY SAT AS	Steward	37	−27
235	SAGA OFFSHORE PARTNERS AS	Builder	37	−3
236	IO ULSTEINVIK AS	Builder	37	+6
237	INDUSTRIDYKK AS	Builder	36	−17
238	REM SALTIRE INTERNATIONAL AS	Steward	36	−15
239	GIGGS OIL AND GAS SERVICES AS	Sprinter	36	−18
240	DEEPOCEAN MARITIME AS	Steward	36	−3
241	OLD KVÆRNER INVEST AS	Builder	36	+30
242	TASIK TOBA SUBSEA AS	Sprinter	35	−14
243	GHANA FPSO OPERATIONS AS	Sprinter	35	−8
244	IOSOLUTIONS AS	Sprinter	35	+4
245	IBEX AS	Steward	34	−25
246	SOLSTAD MEXICO AS	Builder	34	−5
247	SOLSTAD BRASIL AS	Builder	34	−24
248	SEA1 MARINE CREW AS	Sprinter	33	–
249	NORTHERN OCEAN WIND AS	Builder	32	0
250	EQUINOR LIBYA AS	Builder	32	−1
251	DEEPOCEAN CORPORATE AS	Sprinter	32	−12
252	AKER SECURITY AS	Builder	31	–
253	RM CONSULTANTS AS	Builder	31	−7
254	OLYMPIC SERVICES AS	Builder	31	−23
255	SCMS HOLDING AS	Builder	31	+5
256	STATOIL ZAGROS OIL AND GAS AS	Builder	30	0
257	M VEST INVEST AS	Builder	30	−20
258	KJELL STUVIK HOLDING AS	Steward	30	−35
259	DOLPHIN DRILLING AS	Steward	30	−30
260	YMIR ENERGY AS	Builder	29	+8
261	INEOS E&P NORGE AS	Builder	29	−18
262	BABYSHOP SENGEMAGASINET AS	Builder	29	+3
263	JERAN HOLDING AS	Builder	29	−20
264	SAREPTA OIL AS	Builder	29	+3
265	GLOBAL GEO SERVICES AS	Builder	28	−26
266	ARENDAL SPIRIT AS	Builder	27	−31
267	HYPERNOR AS	Builder	27	−5
268	SEABED VISION AS	Builder	26	+22
269	TRADE TECH AS	Builder	26	−18
270	PETRICA INVEST AS	Builder	26	+19
271	HAVILA SERVICE AS	Builder	26	+2
272	EQUINOR ANGOLA BLOCK 29 AS	Builder	26	−11
273	CONCEDO AS	Builder	25	−6
274	TWMA NORGE AS	Builder	24	−10
275	AVIUM SUBSEA AS	Builder	24	+10
276	ONLINE ENGINEERING AS	Builder	23	−36
277	TCO GROUP AS	Builder	23	−55
278	MEKJARVIK EIENDOM AS	Builder	23	+3
279	PETRO WELL SERVICES AS	Builder	23	+2
280	BIOFUEL HOLDING AS	Builder	22	−2
281	ÅLESUND SUBSEA AS	Builder	22	+6
282	BISN NORWAY AS	Builder	21	+8
283	SANDEX AS	Builder	20	+1
284	GENESIS ENERGIES NORWAY AS	Builder	20	−1
285	DET NORDNORSKE OLJESELSKAP AS	Builder	19	+7
286	ORG ENGINEERING AS	Builder	19	+3
287	CAPPELEN OFFSHORE SERVICES AS	Builder	19	+5
288	S-N TERMINAL AS	Builder	18	0
289	GLOBAL ENERGY SOLUTIONS AS	Builder	18	+4
290	NORTERMINAL RESPONSE AS	Builder	18	−6
291	INEOS E&P (NORGE) PETROLEUM DK AS	Builder	18	+2
292	HAVILA VOLANTIS AS	Builder	17	–
293	JETT TECHNOLOGIES AS	Builder	17	0
294	NAMTVEDT -SEALMAKER SERVICES AS	Builder	15	−22
295	CK DRIFT AS	Builder	15	−32
296	SAND & DEBRI CLEANUP AS	Builder	15	0
297	OMEGA WELL INTERVENTION AS	Builder	15	−15
298	KANFER SHIPPING MANAGEMENT AS	Builder	14	+10
299	GEO CASPIAN OPERATION AS	Builder	14	+4
300	LU CAP AS	Builder	14	−23
301	HOW ENERGY AS	Builder	12	+8
302	MARITIM NORGE AS	Builder	12	−2
303	ECLIPSE DRILLING AS	Builder	11	+7
304	RIGHT VIKING AS	Builder	10	−2
305	WELL SUPPORT AS	Builder	9	+4
306	HEMLA VANTAGE AS	Builder	9	+7
307	IKM INDUSTRI-INVEST AS	Builder	9	−18
308	DNO YEMEN AS	Builder	8	+7
309	LANGE RIGGPART AS	Builder	7	−7
310	VGV WELL SOLUTIONS AS	Builder	7	−3
311	CONNECTOR DEEPWATER SOLUTIONS AS	Builder	6	−19
312	ENVIROFUELS AS	Builder	6	−1
313	ZENITH ENERGY AS	Builder	6	+2
314	PANORO TUNISIA EXPLORATION AS	Builder	5	−6
315	SAFETY LEADERS AS	Builder	5	−34
316	IOR AQUA AS	Builder	4	0
317	NORMINOL AS	Builder	3	–
318	LB DIVING AS	Builder	3	0
319	ROSANES GASS AS	Builder	3	0
320	MINERALL AS	Builder	3	0
321	OLYMPIC OPERATION II AS	Builder	2	−20
322	KMNOR AS	Builder	1	−35
323	YMIR ENERGY HOLDING AS	Builder	1	+1
324	CONNECTOR SUBSEA TECHNOLOGY AS	Builder	1	+1

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A ranking is shown only when the tier has enough comparable companies for meaningful percentiles. Full ranking · Press mode

Biggest moves

PRIMARY SOLUTIONS AS
From 2023 to 2024: the operating margin rose from −339.5% to 38.7% and revenue grew by 1,462%.
+68
TDW OFFSHORE SERVICES AS
From 2023 to 2024: the operating margin rose from −8.1% to 21.7% and went from a loss to a profit before tax.
+56
TCO GROUP AS
From 2023 to 2024: the operating margin fell from 22.0% to −71.7% and went from a profit to a loss before tax.
−55
WEATHERFORD NORGE AS
From 2023 to 2024: the operating margin fell from 10.2% to −16.7% and went from a profit to a loss before tax.
−52

Positions in the sector · 2024

Bubble size shows relative revenue, not exact figures. Dashed lines show where the 5 companies that moved most stood in 2023 (small ring).

DOLPHIN DRILLING OFFSHORE AS profitability 98 → 2, solidity 81 → 49
WELLESLEY PETROLEUM AS profitability 99 → 0, solidity 73 → 76
KMNOR AS profitability 100 → 1, solidity 0 → 0
PRIMARY SOLUTIONS AS profitability 6 → 91, solidity 0 → 49
SAFETY LEADERS AS profitability 4 → 8, solidity 97 → 0

Show the positions as a list

Company	Profile	Profitability	Solidity	In 2023 (profitability / solidity)
FC WELL INVEST AS	Lion	100	96	77 / 87
GEO CASPIAN AS	Cheetah	100	0	92 / 0
M VEST INVEST 2 AS	Lion	100	98	98 / 59
SF-GASS AS	Cheetah	99	0	28 / 0
EQUINOR MURZUQ AS	Lion	99	71	97 / 67
EQUINOR APSHERON AS	Cheetah	99	42	83 / 72
EQUINOR BTC FINANCE AS	Cheetah	99	22	26 / 57
GRAND CANYON 2 AS	Lion	99	76	43 / 53
SUNDOWN INVEST AS	Cheetah	98	32	96 / 87
EXXONMOBIL EXPLORATION AND PRODUCTION NORWAY AS	Lion	97	85	30 / 82
HAVILA SUBCON AS	Cheetah	97	0	77 / 0
A/S Norske Shell	Cheetah	96	5	86 / 7
VHV CONSULTING AS	Lion	96	65	89 / 48
OLYMPIC CHALLENGER AS	Lion	96	77	82 / 45
LYNX OFFSHORE AS	Lion	95	54	26 / 34
INTERWELL HOLDING 2 AS	Lion	95	91	53 / 92
EQUINOR ANGOLA BLOCK 31 AS	Cheetah	95	37	84 / 34
MARDAHL INVEST AS	Lion	94	78	24 / 76
EQUINOR IN SALAH AS	Lion	94	67	89 / 71
PERENCO VIETNAM AS	Cheetah	94	41	93 / 38
HAVILA PHOENIX AS	Cheetah	93	18	100 / 0
HAGGI INVEST AS	Lion	93	62	93 / 59
MCPHERSON AS	Lion	93	60	–
TOTALENERGIES EP NORGE AS	Cheetah	92	30	93 / 14
OTECH MARINE SERVICES NORWAY AS	Cheetah	92	5	78 / 39
OLYMPIC OFFSHORE WIND AS	Cheetah	92	43	89 / 35
ODIN DIVING NORGE AS	Cheetah	92	37	77 / 18
TECNOR AS	Cheetah	91	47	77 / 32
PROPROC AS	Cheetah	91	22	83 / 14
HAUKAAS CONSULTING AS	Cheetah	91	49	92 / 47
TE AKTIVA AS	Lion	91	57	90 / 49
EXPLONOR AS	Lion	91	73	91 / 71
PRIMARY SOLUTIONS AS	Cheetah	91	49	6 / 0
FLUID CONTROL SERVICE AS	Lion	91	54	81 / 68
TARGS AS	Cheetah	91	40	96 / 37
OCEAN INSTALLER HOLDING AS	Lion	90	75	35 / 78
YOUNG EXPLORATION AS	Cheetah	90	32	85 / 16
E PLUG AS	Lion	90	56	70 / 55
REM SUBSEA AS	Cheetah	90	50	97 / 66
MODI VIVENDI AS	Cheetah	90	0	67 / 0
OLYMPIC ARTEMIS AS	Cheetah	90	38	85 / 22
TASTA DRILLING AS	Cheetah	90	18	75 / 65
FRANCON AS	Lion	90	66	91 / 62
H&P NORGE AS	Lion	89	97	100 / 97
REM SALTIRE AS	Lion	89	61	81 / 44
EQUINOR ENERGY AS	Lion	89	58	88 / 56
OLYMPIC TAURUS AS	Cheetah	89	21	83 / 0
E INNOVATION NORGE AS	Cheetah	89	21	87 / 25
ROCKWOOD CONSULTING AS	Cheetah	88	21	88 / 21
CAPTROL AS	Lion	88	62	75 / 65
RAMCO NORWAY AS	Lion	88	52	78 / 20
LANGGÅRD AS	Lion	87	80	75 / 89
SJØLIE OFFSHORE AS	Lion	87	51	85 / 43
EQUINOR ANGOLA BLOCK 15 AS	Cheetah	87	49	84 / 49
MANGERUD AS	Cheetah	87	28	87 / 30
HAVILA MARITIME DIS I AS	Cheetah	87	0	69 / 10
OLYMPIC TRITON II AS	Cheetah	87	26	76 / 17
REM SALTIRE HOLDING AS	Lion	87	83	72 / 30
EQUINOR DEZASSETE AS	Cheetah	87	39	91 / 32
RIG PARTNER PROJECT AS	Cheetah	87	39	81 / 36
KOKSTAD CHARTERING AS	Cheetah	87	19	96 / 22
ODFJELL DRILLING AS	Cheetah	87	44	86 / 48
OLYMPIC ELECTRA AS	Cheetah	86	0	93 / 0
OMV NORGE AS	Cheetah	86	15	86 / 13
R.NEVLAND AS	Lion	86	56	90 / 53
NORTH SEA INFRASTRUCTURE AS	Cheetah	86	26	85 / 30
EQUINOR BTC CASPIAN AS	Cheetah	85	17	3 / 46
CINCLUS IV AS	Lion	85	90	76 / 97
PROPLAN PROJECT PLANNING AS	Lion	85	68	80 / 55
EQUINOR ANGOLA BLOCK 17 AS	Cheetah	85	40	89 / 31
PETROLEUM GEO-TECHNOLOGY AS	Lion	85	74	11 / 59
TDW OFFSHORE SERVICES AS	Lion	85	51	6 / 6
NORTH SEA GIANT II AS	Lion	85	57	66 / 67
PROSIK AS	Cheetah	84	29	–
WEST SUPPLY III AS	Lion	84	74	60 / 77
IZOMAX AS	Lion	84	68	88 / 51
NØSTE ENERGI AS	Cheetah	84	39	15 / 0
INPEX IDEMITSU NORGE AS	Lion	84	73	89 / 66
KOMPLEMENTAR CCB AS	Lion	83	50	79 / 82
SUB SEA SERVICES AS	Cheetah	83	34	79 / 42
INTERWELL HOLDING 1 AS	Lion	83	72	54 / 91
EQUINOR IN AMENAS AS	Lion	83	79	80 / 78
WELL ID AS	Cheetah	82	41	71 / 40
CEMIKO AS	Lion	82	58	86 / 57
OMEGA SUBSEA AS	Lion	82	61	66 / 27
WEST SUPPLY VII EIER AS	Lion	82	51	71 / 52
VERTECH OFFSHORE AS	Cheetah	82	23	82 / 19
PSW SOLUTIONS AS	Cheetah	82	25	82 / 29
GINA KROG AS	Lion	82	68	43 / 21
DF RENTAL AS	Cheetah	81	26	57 / 18
PETRONOR AS	Cheetah	81	23	71 / 24
M VEST ENERGY AS	Cheetah	81	0	80 / 0
OLYMPIC ARES AS	Lion	81	64	76 / 31
KONGSLIEN PETROPHYSICS AS	Lion	81	70	83 / 71
HAVILA SUBSEA AS	Lion	81	64	80 / 49
NORMAND SUPERIOR AS	Cheetah	80	26	74 / 28
TJERBO INVEST AS	Lion	80	90	76 / 67
HAVILA HARMONY AS	Cheetah	80	0	96 / 0
REACH SUBSEA SHIPPING AS	Lion	80	52	–
FLOWPARTNER AS	Cheetah	79	45	69 / 50
INDEPENDENT OIL TOOLS AS	Lion	79	62	76 / 52
CONOCOPHILLIPS SKANDINAVIA AS	Cheetah	79	9	75 / 9
IKM AQUAMARINE AS	Lion	79	57	70 / 40
CONSTRUCTION SERVICES AS	Lion	79	61	61 / 64
EQUINOR INTERNATIONAL WELL RESPONSE COMPANY AS	Cheetah	78	17	66 / 68
PETROJARL I PRODUCTION AS	Lion	78	54	2 / 13
HVAC OFFSHORE AS	Lion	78	74	84 / 80
TECHNIP COFLEXIP NORGE AS	Lion	78	93	82 / 81
MOHN DRILLING AS	Cheetah	77	33	79 / 21
SUPERIOR ENERGY SERVICES (NORWAY) AS	Lion	77	55	74 / 60
DEEP C HOLDING AS	Cheetah	77	12	53 / 11
NYE FJELLBERG EIENDOM AS	Lion	77	50	77 / 19
SUBCAP AS	Lion	76	98	81 / 97
HARBOUR ENERGY NORGE AS	Cheetah	76	46	75 / 41
JEPSEN OFFSHORE AS	Lion	76	79	78 / 71
REX GEO SOLUTION AS	Cheetah	76	25	58 / 28
AKER BP ASA	Lion	76	54	76 / 51
ORLEN UPSTREAM NORWAY AS	Lion	76	51	72 / 42
ENHANCED DRILLING AS	Lion	76	55	69 / 50
WELLPARTNER AS	Lion	76	65	73 / 77
OLYMPIC DELTA AS	Cheetah	75	43	78 / 38
ENIFLUX AS	Cheetah	74	0	15 / 0
IK SUBSEA AS	Cheetah	74	40	72 / 47
CAPEOMEGA GAS TRANSPORTATION AS	Lion	74	89	76 / 90
SCANWELL AS	Lion	74	53	59 / 46
RGA ENERGY HOLDINGS AS	Lion	74	84	95 / 79
REMOTION AS	Cheetah	74	46	81 / 51
SOLSTAD CONSTRUCTION AS	Lion	73	60	82 / 0
BW OFFSHORE NORWAY AS	Cheetah	73	27	71 / 72
OLYMPIC OPERATION AS	Cheetah	73	48	63 / 22
SUBSEAPARTNER AS	Cheetah	73	30	74 / 37
OKEA ASA	Cheetah	73	14	42 / 6
NORD AS	Lion	72	79	78 / 77
PSW TECHNOLOGY AS	Cheetah	72	29	47 / 26
INTELLISERV NORWAY AS	Lion	72	71	82 / 75
KIMEK OFFSHORE AS	Cheetah	72	46	70 / 44
SPIRIT NORWAY HOLDING AS	Lion	72	59	13 / 84
REUTZ CONSULTING AS	Lion	72	82	59 / 97
NORTH SEA GIANT AS	Lion	71	78	51 / 89
DOF SUBSEA REDERI AS	Lion	71	70	82 / 60
H&P DRILLING OFFSHORE SERVICES AS	Cheetah	71	0	66 / 0
OLYMPIC HOLDING CHARTERING AS	Lion	71	70	60 / 61
EIDESVIK REACH AS	Lion	71	71	74 / 70
SIV.ING. TORGEIR AUNE AS	Lion	71	94	74 / 93
NORMAND DRIFT AS	Lion	70	66	57 / 5
NORTH SEA ENABLER AS	Lion	70	82	–
ATNO CONSULTING AS	Lion	70	82	69 / 78
OCEAN INSTALLER II AS	Lion	70	53	43 / 68
AT-JOA INVEST AS	Lion	70	51	96 / 56
RPG NORGE AS	Lion	70	66	80 / 57
SEA1 OFFSHORE INVEST AS	Lion	70	68	50 / 60
SOURCE ENERGY AS	Cheetah	69	37	5 / 36
OLYMPIC CREW MANAGEMENT AS	Cheetah	69	11	74 / 11
NORPIPE OIL AS	Cheetah	69	28	81 / 34
IKM FLUID TREATMENT SOLUTIONS AS	Cheetah	69	30	25 / 29
DNO NORGE AS	Cheetah	69	11	73 / 12
SELNES GEOSCIENCE CONSULTING AS	Cheetah	68	18	17 / 0
NITROGAS AS	Lion	68	77	88 / 70
ONSITE TREATMENT SERVICES AS	Cheetah	68	48	64 / 45
METEVA AS	Lion	68	87	89 / 64
ALTERA INFRASTRUCTURE CREWING AS	Lion	68	56	61 / 37
BUKTA HOLDING AS	Lion	68	61	57 / 61
NOS RENTAL AS	Cheetah	68	33	59 / 33
MOORE ENERGY AS	Cheetah	68	20	34 / 42
RDS HOLDING AS	Lion	67	88	63 / 87
HAVILA CHARTERING AS	Cheetah	67	0	78 / 0
ICR INTEGRITY NORGE AS	Lion	67	71	67 / 63
RAVEN INVEST AS	Cheetah	67	15	87 / 51
VÅR ENERGI ASA	Cheetah	67	6	63 / 19
SAIPEM NORGE AS	Cheetah	66	42	63 / 47
WELL INTERCEPT AS	Cheetah	66	25	63 / 26
GM DEEPWATER CONSULTANCY AS	Lion	66	55	83 / 52
WEST SUPPLY VII DRIFT AS	Cheetah	66	22	39 / 54
BENGT ARE WÅGHEIM HOLDING AS	Cheetah	66	36	62 / 42
SUBSEA INSULATION AS	Cheetah	66	0	57 / 0
AKER INSTALLATION FP AS	Cheetah	65	41	65 / 61
DEEPOCEAN AS	Lion	65	57	47 / 27
WAVZ ENGINEERING SERVICES AS	Cheetah	65	44	33 / 39
TCO NORWAY AS	Cheetah	65	14	–
SEA1 OFFSHORE MARITIME PERSONNEL AS	Cheetah	65	19	63 / 23
NYNAS AS	Lion	65	69	58 / 66
DEEP C SOLUTIONS AS	Cheetah	64	19	65 / 26
IKM TESTING AS	Lion	64	52	59 / 52
GIGGS OIL AND GAS SERVICES AS	Cheetah	64	27	84 / 41
RAMCO HOLDINGS NORWAY AS	Cheetah	64	31	52 / 39
INTERWELL NORWAY AS	Lion	64	63	66 / 87
BIRAL LUBRICANTS NORWAY AS	Cheetah	63	34	31 / 36
TOOLSERV AS	Cheetah	63	49	57 / 34
AKOFS OFFSHORE OPERATIONS AS	Cheetah	63	7	45 / 0
PHRONTESEAS AS	Cheetah	63	33	56 / 32
FOURPHASE AS	Lion	63	73	19 / 76
KJEL OG BRENNERSERVICE AS	Lion	62	72	25 / 72
MYRHAUG MARINE AS	Cheetah	62	46	59 / 49
KVENNA AS	Cheetah	62	40	64 / 43
SIEM OFFSHORE OPCO AS	Cheetah	61	0	–
OCEAN INSTALLER AS	Cheetah	61	20	53 / 43
ON & OFFSHORE HOLDING AS	Lion	61	58	73 / 56
MORE HOLDCO APPLY AS	Lion	61	53	63 / 46
OMS INVESTERING AS	Cheetah	61	50	–
PARTNERS GROUP SWAN HOLDING AS	Lion	61	83	32 / 75
NORDIC SUBSEA AS	Cheetah	61	33	21 / 32
HAVILA SUBSEA MANAGEMENT AS	Lion	60	58	64 / 56
WELLTEC OILFIELD SERVICES (NORWAY) AS	Cheetah	60	9	66 / 8
THREE60 ENERGY NORWAY AS	Cheetah	60	35	52 / 32
SCANA HOLDING AS	Lion	60	94	18 / 97
CACTUS INTERNATIONAL AS	Cheetah	60	41	56 / 43
DEEP SEA DRILLING COMPANY I AS	Cheetah	60	18	63 / 17
SUBSEA 7 NORWAY AS	Lion	60	68	68 / 61
DELMAR SYSTEMS AS	Cheetah	59	23	55 / 17
ASSET INTEGRITY AS	Cheetah	59	28	71 / 46
NORTH ATLANTIC AS	Lion	59	59	61 / 62
REPSOL NORGE AS	Cheetah	59	25	70 / 15
SEA1 OFFSHORE CREW AS	Cheetah	59	21	52 / 30
LTG INVEST AS	Lion	58	95	77 / 93
WELLPARTNER HOLDING AS	Lion	58	77	37 / 84
SOUTH EAST MARINE AS	Lion	58	60	54 / 60
NORTH SEA RIGS AS	Cheetah	57	23	21 / 25
PETROLIA RIGS AS	Lion	57	62	36 / 74
IKM HOLDING AS	Lion	57	89	48 / 92
NINE DOWNHOLE NORWAY AS	Cheetah	56	23	68 / 27
DOF SUBSEA NORWAY AS	Lion	56	82	73 / 72
MINERALS GROUP AS	Lion	56	86	84 / 81
KOLBEINSVARDEN AS	Cheetah	56	47	50 / 42
PETROLINK SUPPORT AS	Cheetah	55	42	44 / 29
IOSOLUTIONS AS	Cheetah	55	0	70 / 0
SAIPEM DRILLING NORWAY AS	Cheetah	55	27	49 / 11
DIESEL CARE AS	Cheetah	55	16	61 / 21
WEST ASSET MANAGEMENT AS	Cheetah	55	30	–
PANDION ENERGY AS	Cheetah	54	24	57 / 29
JACKTEL AS	Lion	54	59	52 / 57
PETRODATA AS	Lion	54	70	25 / 39
SEA1 OFFSHORE REDERI AS	Lion	54	55	79 / 64
JARALA AS	Lion	54	94	34 / 90
SCAN TECH AS	Lion	54	82	49 / 83
TASIK TOBA SUBSEA AS	Cheetah	53	0	87 / 0
AKA SPH AS	Lion	53	84	50 / 85
J PERCY AS	Lion	53	57	37 / 52
AKOFS NORWAY OPERATIONS AS	Cheetah	53	36	12 / 33
KVERNVOLD INVEST AS	Lion	53	89	21 / 97
DOLPHIN DRILLING OPERATIONS AS	Lion	53	63	49 / 58
KANFA AS	Cheetah	53	38	50 / 41
LOGE RESOURCES AS	Cheetah	53	32	44 / 31
DEEPOCEAN CORPORATE AS	Cheetah	53	11	9 / 97
RIG LINUS CONTRACTOR AS	Cheetah	53	6	7 / 0
DET NORSKE OLJESELSKAP AS	Lion	53	76	51 / 79
TIOS CREWING AS	Cheetah	53	34	22 / 38
OLYMPIC CREWING AS	Cheetah	53	10	65 / 28
IKM SUBSEA AS	Cheetah	52	20	25 / 19
SEA1 MARINE CREW AS	Cheetah	52	10	–
CONNECTOR SUBSEA SOLUTIONS AS	Lion	52	51	67 / 49
APPLY AS	Cheetah	52	31	46 / 38
ONESUBSEA AS	Cheetah	52	8	53 / 0
IKM GRUPPEN AS	Lion	52	61	46 / 50
VETCO GRAY SCANDINAVIA AS	Cheetah	51	38	16 / 33
FORCE TECHNOLOGY NORWAY AS	Lion	51	69	39 / 65
H&P DRILLING NORGE AS	Cheetah	51	26	27 / 55
FEISTEIN AS	Lion	50	71	85 / 76
DEEP SEA MANAGEMENT INTERNATIONAL AS	Cheetah	50	12	33 / 8
GHANA FPSO OPERATIONS AS	Cheetah	50	15	72 / 15
KIMEK OFFSHORE RESOURCES AS	Elephant	50	86	48 / 91
SARENS AS	Beaver	49	46	81 / 48
STATOIL IRAN AS	Elephant	49	64	50 / 65
EPTEC - ENERGY & PROCESS TECHNIC AS	Elephant	49	86	67 / 73
APL NORWAY AS	Elephant	49	70	60 / 69
CEMAS AS	Elephant	49	88	54 / 88
STRINDFJORDEN AS	Elephant	49	91	79 / 81
AKER SOLUTIONS FINANCIAL HOLDING AS	Elephant	48	87	–
ALLSEAS NORWAY AS	Beaver	48	47	29 / 35
AKER SOLUTIONS ASA	Beaver	48	27	50 / 41
OPTIMISER AS	Elephant	48	71	50 / 68
ODFJELL TECHNOLOGY AS	Beaver	48	45	38 / 45
S-ENERGY AS	Beaver	48	35	49 / 20
SIEN AS	Elephant	48	94	83 / 69
HAVEN RIGCO AS	Elephant	48	79	–
HILDR AS	Elephant	48	67	52 / 75
ODFJELL WELL SERVICES NORWAY AS	Beaver	48	12	54 / 12
NORTH SEA OFFSHORE AS	Beaver	47	16	49 / 15
ON & OFFSHORE SERVICES AS	Beaver	47	25	65 / 28
ABILITY HOLDING AS	Beaver	47	40	26 / 53
BELGRAVIA AS	Elephant	47	95	30 / 93
BEERENBERG AS	Elephant	47	85	25 / 82
ARISONAS AS	Beaver	47	17	44 / 0
ATLANTIC OFFSHORE ALPHA AS	Beaver	47	47	18 / 24
OFFSHORE RESOURCE GROUP AS	Beaver	47	0	11 / 0
HAVILA SUBSEA CREWING AS	Beaver	47	24	53 / 51
PETROLIA NOCO AS	Beaver	47	0	11 / 0
HEYGAZ NORWAY AS	Elephant	46	65	–
JWS GRUPPEN AS	Elephant	46	54	46 / 54
EQUINOR ASA	Elephant	46	62	47 / 58
LEFDAL WELL CONSULTANTS AS	Elephant	46	93	45 / 92
KAEFER ENERGY AS	Beaver	46	50	39 / 46
DOF SUBSEA CHARTERING AS	Beaver	45	14	56 / 15
JANSEN OG WILLUMSEN SERVICES AS	Beaver	45	38	50 / 37
OCEANEERING AS	Elephant	45	84	34 / 80
MORELD GROUP AS	Elephant	45	52	–
NORTHERN OCEAN WAVE AS	Beaver	45	14	48 / 11
DF GROUP AS	Beaver	45	34	88 / 33
ARCHER OILTOOLS AS	Beaver	45	13	56 / 16
PETROMARIN HOLDING AS	Elephant	44	78	19 / 72
JANSEN INVEST AS	Elephant	44	82	41 / 72
OLJEVEDLIKEHOLD AS	Elephant	43	76	32 / 85
KAMA CONSULTING AS	Elephant	43	83	75 / 86
AKASTOR AS	Elephant	43	59	86 / 64
M VEST AS	Beaver	43	0	25 / 0
ARCHER NORGE AS	Beaver	43	30	40 / 35
YMIR ENERGY AS	Beaver	43	0	47 / 0
ALFA NORDIC SERVICES AS	Beaver	43	36	28 / 44
KISTOS ENERGY (NORWAY) AS	Beaver	43	0	8 / 9
LIME PETROLEUM AS	Beaver	43	0	17 / 0
INTERWELL AS	Beaver	42	18	28 / 33
ØCH INVEST AS	Elephant	42	97	54 / 100
IK GROUP AS	Beaver	42	13	51 / 28
SEA1 OFFSHORE AS	Beaver	42	35	24 / 52
SHELF DRILLING (NORWAY) AS	Beaver	42	12	54 / 14
ENHANCED WELL TECHNOLOGIES AS	Elephant	42	63	38 / 73
GRAND CANYON OPERATION 2 AS	Beaver	41	16	37 / 11
HOVE FINANS AS	Elephant	41	68	40 / 88
MARDAHL INDUSTRI AS	Beaver	41	8	34 / 15
AKASTOR ASA	Elephant	41	77	27 / 63
NORTHERN OCEAN WIND AS	Beaver	41	13	42 / 12
BOKA TOPAZ OPERATION AS	Elephant	41	75	41 / 79
BEERENBERG SERVICES AS	Beaver	41	43	42 / 47
PETROLIA INVEST AS	Elephant	41	98	47 / 70
LINJEBYGG NORWAY AS	Beaver	40	0	16 / 0
VOLANTIS OPERATION AS	Beaver	40	0	48 / 0
CABRAL AS	Beaver	40	19	42 / 24
KARL EGIL KLEVSTADLIEN OFFSHORE AS	Elephant	40	95	51 / 93
TECHDOF BRASIL AS	Elephant	40	59	52 / 59
BABYSHOP SENGEMAGASINET AS	Beaver	40	0	29 / 0
M VEST INVEST AS	Beaver	40	14	76 / 19
CMO AS	Elephant	40	98	60 / 97
GRAND CANYON 3 AS	Elephant	40	81	31 / 86
IKM AS	Elephant	40	98	5 / 97
DEEPOCEAN GROUP HOLDING AS	Elephant	40	63	59 / 75
IO ULSTEINVIK AS	Beaver	39	14	41 / 14
NOBLE INVINCIBLE OPERATIONS AS	Beaver	39	11	32 / 7
ARCHER AS	Beaver	39	34	45 / 40
NOBLE INTREPID OPERATIONS AS	Elephant	39	84	47 / 43
GOGC ENERGY NORWAY AS	Elephant	39	98	39 / 97
SAREPTA OIL AS	Beaver	39	20	39 / 20
GLOBAL ENERGY SOLUTIONS AS	Beaver	39	0	39 / 0
NOBLE INTEGRATOR OPERATIONS AS	Beaver	39	11	47 / 25
DOF SUBSEA AS	Beaver	38	45	25 / 53
SIAI HOLDING AS	Elephant	38	90	43 / 88
NOV PROCESS & FLOW TECHNOLOGIES AS	Beaver	38	41	33 / 36
NORTH SEA SHIPPING HOLDING AS	Beaver	38	28	40 / 40
SANDEX AS	Beaver	38	0	37 / 0
FAMOS ENGINEERING AS	Elephant	38	87	47 / 80
HV VII INVEST DAGS AS	Elephant	37	84	37 / 84
HAVILA SUBSEA & RENEWABLES AS	Beaver	37	39	40 / 35
VAN OORD NORWAY AS	Beaver	37	33	52 / 62
AMA OCEAN AS	Elephant	37	76	37 / 74
STATOIL ZAGROS OIL AND GAS AS	Beaver	37	0	35 / 0
TENDEKA AS	Beaver	36	22	50 / 37
AKER SOLUTIONS HOLDING AS	Elephant	36	87	89 / 74
IQI CERTIFICATION AS	Beaver	36	49	67 / 40
SKILBREI PETEK AS	Beaver	36	48	35 / 54
RM CONSULTANTS AS	Beaver	36	22	50 / 23
DEEP SEA RIG AS	Beaver	36	17	40 / 10
PRA GROUP EUROPE PORTFOLIO AS	Elephant	36	90	42 / 91
KNUTSEN NEW ENERGY AS	Elephant	36	88	36 / 89
HALLIBURTON AS	Elephant	36	61	52 / 54
ODFJELL INVEST AS	Beaver	35	48	48 / 48
ORG ENGINEERING AS	Beaver	35	0	33 / 0
GC RIEBER SHIPPING AS	Elephant	35	67	29 / 69
SCHLUMBERGER NORGE AS	Beaver	35	35	34 / 39
S-N TERMINAL AS	Beaver	35	0	36 / 0
GULLHEIM HOLDING AS	Elephant	35	92	29 / 56
JON LINDMAN AS	Elephant	35	93	35 / 92
SAGA OFFSHORE PARTNERS AS	Beaver	35	37	29 / 38
MEKJARVIK EIENDOM AS	Beaver	35	13	34 / 13
AKER SOLUTIONS AS	Beaver	34	23	14 / 23
EQUINOR CHINA AS	Elephant	34	85	34 / 86
LINJEBYGG AS	Beaver	34	36	30 / 21
SUPPLY CHAIN MANAGEMENT SERVICES AS	Elephant	34	52	69 / 50
SOLSTAD BRASIL AS	Beaver	34	43	36 / 89
OLYMPIC SUBSEA ASA	Elephant	34	67	70 / 64
SOLSTAD SUPERIOR AS	Beaver	33	21	50 / 15
TORE.HALVORSEN AS	Elephant	33	89	60 / 85
SCMS HOLDING AS	Beaver	33	11	41 / 12
DEEP SEA DRILLING COMPANY AS	Beaver	33	21	38 / 20
NORTERMINAL FLOATING STORAGE AS	Elephant	33	100	84 / 35
SCANA ASA	Elephant	33	56	36 / 55
GRAND CANYON OPERATION 3 AS	Beaver	33	31	34 / 24
DOF SUBSEA ATLANTIC AS	Elephant	33	60	98 / 59
H. CONSULT AND INVEST AS	Elephant	33	92	32 / 92
TRANSOCEAN NORWAY OPERATIONS AS	Beaver	32	12	31 / 3
EQUINOR ANGOLA BLOCK 25 AS	Elephant	32	52	30 / 57
CIMC OFFSHORE AS	Beaver	32	0	9 / 0
EQUINOR ANGOLA BLOCK 40 AS	Elephant	32	63	33 / 67
NORTH SEA SHIPPING AS	Beaver	31	26	28 / 26
NORSKAN AS	Elephant	31	80	19 / 80
ARENDAL SPIRIT AS	Beaver	31	12	28 / 82
SUBSEA 7 HOLDING NORWAY AS	Elephant	31	90	55 / 88
ARNE STANG INVEST AS	Elephant	31	64	25 / 64
GENESIS ENERGIES NORWAY AS	Beaver	31	0	33 / 0
ARCADE DRILLING AS	Elephant	30	75	42 / 86
BILFINGER ISP OFFSHORE NORWAY AS	Elephant	30	89	35 / 85
HAVILA VOLANTIS AS	Beaver	30	0	–
INDUSTRIDYKK AS	Beaver	30	29	71 / 30
RIDGE HOLDING AS	Elephant	30	78	38 / 85
JETT TECHNOLOGIES AS	Beaver	30	0	24 / 0
FISHFINDER AS	Elephant	29	89	38 / 73
NDT GLOBAL AS	Beaver	29	30	15 / 25
SEADRILL OFFSHORE AS	Elephant	29	78	18 / 63
HUNTING ENERGY SERVICES (NORWAY) AS	Beaver	29	42	20 / 58
HAVILA SERVICE AS	Beaver	29	0	33 / 0
COSL NORWEGIAN AS	Beaver	29	0	23 / 0
AVIUM SUBSEA AS	Beaver	29	0	22 / 0
EQUINOR RUSSIA ENERGY AS	Elephant	28	73	10 / 88
REPSOL PERPETUAL NORGE AS	Elephant	28	83	25 / 83
AEONIAN 36 AS	Elephant	28	98	–
BOSKALIS OFFSHORE AS	Beaver	28	37	36 / 71
EIDESVIK NEPTUN II AS	Elephant	28	96	99 / 80
MOHR AS	Elephant	28	63	66 / 61
SPIRIT ENERGY NORWAY AS	Beaver	28	10	79 / 18
APC AS	Elephant	28	80	39 / 98
ISLAND OFFSHORE MANAGEMENT AS	Beaver	27	13	28 / 59
CAPPELEN OFFSHORE SERVICES AS	Beaver	27	0	20 / 0
NORAM DRILLING AS	Elephant	27	69	28 / 73
INEOS E&P NORGE AS	Beaver	27	20	76 / 18
ODFJELL INVEST II AS	Beaver	27	18	31 / 25
TWMA NORGE AS	Beaver	27	0	19 / 36
SAND & DEBRI CLEANUP AS	Beaver	27	0	23 / 0
DNO TECHNICAL SERVICES AS	Beaver	27	45	18 / 54
HYPERNOR AS	Beaver	27	0	15 / 13
ATTICA EXPLORATION AS	Elephant	27	66	14 / 94
INGINEERING AS	Beaver	26	35	9 / 87
ALTERA INFRASTRUCTURE PRODUCTION AS	Beaver	26	19	44 / 13
BIOFUEL HOLDING AS	Beaver	26	15	27 / 17
PETORO AS	Beaver	26	15	21 / 19
PETROLIA AS	Elephant	26	92	22 / 84
GEO CASPIAN OPERATION AS	Beaver	26	0	14 / 0
ISLAND DRILLING MANAGEMENT AS	Beaver	26	40	79 / 41
AXTECH AS	Beaver	26	42	23 / 44
ATDL AS	Elephant	25	85	13 / 94
JOHANNES ØSTENSJØ DY AS	Elephant	25	81	26 / 79
BEERENBERG HOLDING AS	Elephant	25	99	24 / 99
CRYSTAL PRODUCTION AS	Elephant	25	80	21 / 75
OLYMPIC SUBSEA SHIPHOLDING AS	Elephant	25	96	21 / 81
TRADE TECH AS	Beaver	25	17	55 / 26
ISLAND DRILLING CREWING AS	Beaver	25	5	19 / 4
IBEX AS	Elephant	24	65	59 / 68
JERAN HOLDING AS	Beaver	24	48	24 / 79
ADOON AS	Elephant	24	53	–
ISLAND OFFSHORE CREWING AS	Beaver	24	9	20 / 14
EQUINOR ANGOLA BLOCK 47 AS	Elephant	24	78	45 / 91
H&P MODU OPERATIONS AS	Beaver	24	16	7 / 18
EQUINOR PROJECTS HOLDING AS	Elephant	23	91	–
ALLOCEAN AS	Elephant	22	98	31 / 97
ODFJELL TERMINALS GLOBAL HOLDING AS	Elephant	22	99	–
OPTIME SUBSEA AS	Beaver	22	32	58 / 29
NORWEGIAN WELL CONTROL AS	Elephant	22	74	14 / 66
ODFJELL TERMINALS US HOLDING AS	Elephant	22	100	–
DF PROPERTIES AS	Elephant	21	98	21 / 97
PARTNERS GROUP SWAN TRANSPORTATION AS	Elephant	21	96	22 / 98
DEEP SEA MANAGEMENT AS	Beaver	21	3	19 / 8
ALLAN AS	Elephant	21	98	–
VISION OF ENERGY AS	Elephant	21	92	23 / 91
OLYMPIC OFFSHORE AS	Elephant	20	77	15 / 63
DIATEK AS	Beaver	20	44	26 / 77
TCO GROUP AS	Beaver	20	29	89 / 58
SONGA OFFSHORE RIG 3 AS	Beaver	20	0	70 / 0
PANORO TUNISIA PRODUCTION AS	Elephant	20	58	82 / 55
HAVILA SUBSEA & RENEWABLES HOLDING AS	Elephant	20	87	14 / 95
DNO ASA	Beaver	20	44	33 / 60
HOGNEST AS	Elephant	20	91	31 / 81
ÅLESUND SUBSEA AS	Beaver	19	0	23 / 0
SOLSTAD OPERATIONS HOLDING AS	Elephant	19	87	29 / 75
DET NORDNORSKE OLJESELSKAP AS	Beaver	19	0	14 / 0
CK DRIFT AS	Beaver	19	0	76 / 23
AKOFS OFFSHORE AS	Elephant	19	88	17 / 89
KELLOGG BROWN & ROOT (NORWAY) AS	Elephant	19	73	51 / 70
LU CAP AS	Beaver	19	0	48 / 20
SEA1 OFFSHORE OSCV AS	Beaver	19	0	6 / 0
CAKN HOLDING AS	Elephant	19	72	93 / 44
MARITIM NORGE AS	Beaver	18	0	22 / 0
ENHANCED DRILLING HOLDING AS	Elephant	18	77	16 / 76
EQUINOR LNG SHIP HOLDING AS	Elephant	18	83	16 / 96
SUB AQUA TECHNOLOGY SAT AS	Elephant	18	75	49 / 78
WOOD GROUP NORWAY AS	Beaver	18	45	27 / 22
NORWEGIAN GREEN ENERGY AS	Elephant	18	98	24 / 97
OZ MIDCO AS	Elephant	17	90	9 / 95
AKER SECURITY AS	Beaver	17	36	–
SONGA OFFSHORE RIG 2 AS	Beaver	17	4	20 / 6
ROV & DYKKER SERVICE AS	Elephant	17	64	45 / 68
RUTINE INVEST AS	Elephant	17	98	41 / 97
MACRO OFFSHORE AS	Elephant	16	94	24 / 88
OLYMPIC SERVICES AS	Beaver	16	43	84 / 45
COSL OFFSHORE MANAGEMENT AS	Elephant	16	74	12 / 94
LIME PETROLEUM HOLDING AS	Elephant	16	65	–
NAMTVEDT -SEALMAKER SERVICES AS	Beaver	16	0	63 / 0
RIGHT VIKING AS	Beaver	16	0	22 / 0
EQUINOR MIDSTREAM & TRADING AS	Elephant	16	72	11 / 98
EQUINOR VENTURES AS	Elephant	16	93	12 / 84
INEOS E&P (NORGE) PETROLEUM DK AS	Beaver	16	0	7 / 0
ODFJELL WELL SERVICES AS	Beaver	15	7	33 / 12
OMEGA WELL INTERVENTION AS	Beaver	15	0	12 / 31
ENHANCED WELL TECHNOLOGIES GROUP AS	Elephant	15	85	20 / 99
BISN NORWAY AS	Beaver	15	0	15 / 0
STATHOLDING AS	Beaver	15	28	15 / 45
LANGE RIGGPART AS	Beaver	15	0	30 / 0
KINNA AS	Elephant	15	70	70 / 82
VESTERVIND CONTRACTORS AS	Elephant	15	66	6 / 0
PETRICA AS	Elephant	15	69	13 / 90
ALTERA KNARR AS	Beaver	14	42	34 / 23
NORTERMINAL RESPONSE AS	Beaver	14	0	23 / 0
REM SALTIRE INTERNATIONAL AS	Elephant	14	55	20 / 97
PETRO WELL SERVICES AS	Beaver	14	0	12 / 27
H&P OFFSHORE AS	Elephant	14	79	99 / 83
EQUINOR ENERGY INTERNATIONAL AS	Elephant	14	99	14 / 99
SEABED VISION AS	Beaver	14	31	3 / 0
KANFER SHIPPING MANAGEMENT AS	Beaver	13	0	4 / 0
SFAX PETROLEUM CORPORATION AS	Elephant	13	66	9 / 66
WELL SUPPORT AS	Beaver	13	0	11 / 0
PANDION ENERGY HOLDING AS	Elephant	13	100	11 / 100
AFP AS	Elephant	13	88	44 / 78
DEEPOCEAN MARITIME AS	Elephant	12	57	11 / 67
CLAXTON ENGINEERING SERVICES AS	Beaver	12	0	14 / 16
AKOFS 2 AS	Beaver	12	39	6 / 48
NOBLE DRILLING (NORWAY) AS	Beaver	12	0	41 / 0
EQUINOR ANGOLA BLOCK 29 AS	Beaver	12	35	9 / 58
DOF OFFSHORE HOLDING AS	Elephant	12	98	39 / 97
EQUINOR ANGOLA AS	Elephant	12	91	13 / 77
ONLINE ENGINEERING AS	Beaver	11	31	19 / 97
OLD KVÆRNER INVEST AS	Beaver	11	38	2 / 0
GASSCO AS	Beaver	11	2	10 / 2
DOF SUBSEA REDERI III AS	Beaver	10	0	92 / 0
STOLT-NIELSEN HOLDING AS	Elephant	10	86	74 / 24
EXPRO NORWAY AS	Beaver	10	0	72 / 0
DEEP CYGNUS OPERATION AS	Beaver	10	47	28 / 46
BRIGHTSKIES GEOSCIENCE AS	Elephant	10	98	10 / 97
EQUINOR LIBYA AS	Beaver	10	37	9 / 47
EQUINOR ANGOLA BLOCK 46 AS	Elephant	10	88	45 / 92
PETRICA INVEST AS	Beaver	10	0	3 / 0
EQUINOR NORSK LNG AS	Elephant	10	95	8 / 16
ARCHER VERTIKAL AS	Beaver	9	24	81 / 17
ECLIPSE DRILLING AS	Beaver	9	0	7 / 0
CONCEDO AS	Beaver	9	24	0 / 50
EQUINOR ANGOLA BLOCK 1/14 AS	Elephant	9	73	2 / 86
IKM INDUSTRI-INVEST AS	Beaver	9	0	11 / 35
EQUINOR E&P AMERICAS AS	Elephant	9	97	7 / 96
STATOIL SP GAS AS	Beaver	8	28	12 / 39
SAFETY LEADERS AS	Beaver	8	0	4 / 97
WEATHERFORD NORGE AS	Beaver	8	24	56 / 65
DOLPHIN DRILLING AS	Elephant	8	72	44 / 74
ZENITH ENERGY AS	Beaver	7	0	5 / 0
EQUINOR ENERGY LIBYA AS	Beaver	7	16	5 / 31
CONNECTOR DEEPWATER SOLUTIONS AS	Beaver	7	0	32 / 16
ALTUS INTERVENTION AS	Elephant	7	80	43 / 79
HOW ENERGY AS	Beaver	7	0	1 / 0
SLB KRISTIANSAND AS	Beaver	6	23	7 / 5
DOF GROUP ASA	Elephant	6	92	31 / 66
VGV WELL SOLUTIONS AS	Beaver	6	0	12 / 0
ENVIROFUELS AS	Beaver	6	0	3 / 0
EQUINOR ANGOLA BLOCK 31/21 AS	Elephant	6	81	14 / 62
EQUINOR NIGERIA AS	Beaver	5	47	3 / 26
SOLSTAD MEXICO AS	Beaver	5	44	62 / 22
HEMLA VANTAGE AS	Beaver	5	0	3 / 0
PANORO TUNISIA EXPLORATION AS	Beaver	5	0	16 / 0
IOR AQUA AS	Beaver	4	0	5 / 0
ISLAND DRILLING COMPANY AS	Beaver	4	0	94 / 0
PIRANEMA PRODUCTION AS	Elephant	4	59	59 / 21
LB DIVING AS	Beaver	3	0	2 / 0
GLOBAL GEO SERVICES AS	Beaver	3	24	10 / 83
BAKER HUGHES NORGE AS	Elephant	3	64	4 / 69
IKM SUBSEA HOLDING AS	Elephant	3	93	17 / 61
DNO IRAQ AS	Elephant	3	86	42 / 86
EQUINOR ARGENTINA AS	Elephant	3	80	1 / 93
ROSANES GASS AS	Beaver	3	0	2 / 0
ODFJELL OPERATIONS AS	Beaver	3	29	3 / 28
EQUINOR ALGERIA AS	Elephant	2	84	9 / 74
KJELL STUVIK HOLDING AS	Elephant	2	54	39 / 97
DOLPHIN DRILLING OFFSHORE AS	Beaver	2	49	98 / 81
MINERALL AS	Beaver	2	0	2 / 0
NORMINOL AS	Beaver	2	0	–
OLYMPIC OPERATION II AS	Beaver	1	0	59 / 0
EQUINOR REFINING NORWAY AS	Beaver	1	33	0 / 53
DNO YEMEN AS	Beaver	1	0	1 / 0
TRANSOCEAN BARENTS ASA	Beaver	1	0	3 / 10
JAPEX NORGE AS	Elephant	1	56	5 / 33
KMNOR AS	Beaver	1	0	100 / 0
EQUINOR TANZANIA AS	Elephant	1	75	1 / 90
YMIR ENERGY HOLDING AS	Beaver	0	0	0 / 0
WELLESLEY PETROLEUM AS	Elephant	0	76	99 / 73
CONNECTOR SUBSEA TECHNOLOGY AS	Beaver	0	0	0 / 0

Sector article · yearly

This year's sector article is coming

Winners, losers and trends in the sector, written by Morning Analytics and reviewed by a person, with sources under every claim.

Coming · not built yet

The sector in numbers

Summary · fiscal year 2024

The sector's median operating margin is 6.3%. 93 of 596 companies have negative equity. The median equity ratio is 41.1%.

Companies with accounts596

Total revenue1,961,357 MNOK

Median operating margin6.3%

Median equity ratio41.1%

Share with a loss35%

Share with negative equity16%

All figures are for fiscal year 2024. Ranked: 586 operating companies. Holding companies, excluded companies and companies without enough data are shown but not ranked. How to read the index

39 companies report in another currency. Their revenue is converted at the mean rate for the accounting period and makes up 76% of the total.

Climbers and fallers

Change in rank from 2023 to 2024, for 563 companies ranked in both years.

Climbers

516PRIMARY SOLUTIONS ASfrom rank 549 to 3374
429TDW OFFSHORE SERVICES ASfrom rank 544 to 11564
413SOLSTAD CONSTRUCTION ASfrom rank 436 to 2376
406PETROJARL I PRODUCTION ASfrom rank 529 to 12363
405LYNX OFFSHORE ASfrom rank 462 to 5771

Fallers

491TCO GROUP ASfrom rank 31 to 52223
462WEATHERFORD NORGE ASfrom rank 79 to 54118
404DOLPHIN DRILLING OFFSHORE ASfrom rank 72 to 47632
383WELLESLEY PETROLEUM ASfrom rank 41 to 42438
373KJELL STUVIK HOLDING ASfrom rank 118 to 49130

Awards · 2024

Most profitableHAVILA SUBCON AS304.3%

Fastest growthPETROLIA NOCO AS7,174.3%

Strongest balance sheetNORTERMINAL FLOATING STORAGE AS100.0%

Largest revenueEQUINOR ASA779,351 MNOK

Highest revenue per employeeTOTALENERGIES EP NORGE AS743.5 MNOK

Needs attention · 2024

323 companies show at least one warning sign. Showing the 15 most important.

criticalSONGA OFFSHORE RIG 3 ASNegative equity · Current ratio below 1 (0.31) · Loss before tax
criticalEXPRO NORWAY ASNegative equity · Current ratio below 1 (0.78) · Loss before tax
criticalISLAND DRILLING COMPANY ASNegative equity · Current ratio below 1 (0.32) · Loss before tax
criticalNOBLE DRILLING (NORWAY) ASNegative equity · Current ratio below 1 (0.72) · Loss before tax
criticalDOF SUBSEA REDERI III ASNegative equity · Current ratio below 1 (0.31) · Loss before tax
criticalCLAXTON ENGINEERING SERVICES ASNegative equity · Current ratio below 1 (0.80) · Loss before tax
criticalTRANSOCEAN BARENTS ASANegative equity · Current ratio below 1 (0.09) · Loss before tax
criticalAVIUM SUBSEA ASNegative equity · Current ratio below 1 (0.04) · Loss before tax
criticalHAVILA SERVICE ASNegative equity · Current ratio below 1 (0.90) · Loss before tax
criticalGENESIS ENERGIES NORWAY ASNegative equity · Current ratio below 1 (0.74) · Loss before tax
criticalHAVILA HARMONY ASNegative equity · Current ratio below 1 (0.89) · Loss before tax
criticalTWMA NORGE ASNegative equity · Current ratio below 1 (0.87) · Loss before tax
criticalIOSOLUTIONS ASNegative equity · Current ratio below 1 (0.37) · Loss before tax
criticalÅLESUND SUBSEA ASNegative equity · Current ratio below 1 (0.31) · Loss before tax
criticalOMEGA WELL INTERVENTION ASNegative equity · Current ratio below 1 (0.88) · Loss before tax

Sector map · 2024

Profitability against solidity for the ranked companies. Size shows revenue. Coral triangle: negative equity. Click to open the company. Outliers are placed on the edge.

Show the map's figures as a table

Company	Operating margin	Equity ratio	Revenue
EXXONMOBIL EXPLORATION AND PRODUCTION NORWAY AS	94.5%	90.5%	520 MNOK
OLYMPIC CHALLENGER AS	89.3%	78.1%	142 MNOK
CINCLUS IV AS	88.2%	99.8%	5 MNOK
VHV CONSULTING AS	93.1%	83.2%	1 MNOK
TJERBO INVEST AS	23.1%	99.8%	0 MNOK
JARALA AS	5.9%	99.9%	1 MNOK
REM SALTIRE AS	66.3%	48.8%	209 MNOK
LANGGÅRD AS	95.8%	97.2%	0 MNOK
FC WELL INVEST AS	100.0%	99.4%	713 MNOK
RGA ENERGY HOLDINGS AS	61.0%	99.1%	0 MNOK
WEST SUPPLY III AS	46.6%	68.5%	501 MNOK
OMEGA SUBSEA AS	15.1%	49.5%	738 MNOK
MCPHERSON AS	48.5%	76.7%	0 MNOK
SOLSTAD CONSTRUCTION AS	34.6%	35.8%	1,327 MNOK
OLYMPIC ARES AS	71.8%	53.7%	127 MNOK
NORD AS	62.8%	96.2%	2 MNOK
CAPTROL AS	48.7%	78.9%	3 MNOK
OLYMPIC OFFSHORE WIND AS	79.5%	34.2%	179 MNOK
PRIMARY SOLUTIONS AS	38.7%	59.4%	1 MNOK
KVERNVOLD INVEST AS	−76.6%	99.7%	0 MNOK
EXPLONOR AS	80.8%	90.9%	3 MNOK
EQUINOR MURZUQ AS	88.8%	51.2%	1,306 MNOK
TE AKTIVA AS	57.2%	74.1%	3 MNOK
NORTH SEA GIANT AS	10.2%	79.1%	403 MNOK
TECNOR AS	47.3%	56.7%	3 MNOK
DOF SUBSEA NORWAY AS	10.2%	66.1%	1,151 MNOK
PROPLAN PROJECT PLANNING AS	34.0%	85.8%	2 MNOK
NOBLE INTREPID OPERATIONS AS	−8.5%	88.3%	137 MNOK
SJØLIE OFFSHORE AS	46.8%	63.0%	3 MNOK
JEPSEN OFFSHORE AS	32.2%	96.8%	2 MNOK
DOF SUBSEA REDERI AS	67.4%	46.4%	2,073 MNOK
KONGSLIEN PETROPHYSICS AS	39.4%	88.9%	2 MNOK
EIDESVIK REACH AS	39.3%	62.2%	134 MNOK
FRANCON AS	55.9%	83.7%	3 MNOK
INPEX IDEMITSU NORGE AS	60.9%	53.4%	7,648 MNOK
REACH SUBSEA SHIPPING AS	11.2%	43.1%	637 MNOK
CEMIKO AS	28.6%	75.8%	2 MNOK
IKM AQUAMARINE AS	15.7%	45.7%	170 MNOK
CONSTRUCTION SERVICES AS	23.5%	77.3%	10 MNOK
KJEL OG BRENNERSERVICE AS	15.1%	89.9%	1 MNOK
E PLUG AS	33.0%	45.5%	323 MNOK
FLUID CONTROL SERVICE AS	30.3%	44.5%	207 MNOK
GINA KROG AS	11.9%	57.4%	495 MNOK
IZOMAX AS	28.4%	57.1%	181 MNOK
YOUNG EXPLORATION AS	79.6%	28.1%	0 MNOK
WEST SUPPLY VII EIER AS	73.4%	64.2%	24 MNOK
ICR INTEGRITY NORGE AS	16.6%	89.6%	33 MNOK
OLYMPIC ARTEMIS AS	79.7%	32.0%	101 MNOK
HVAC OFFSHORE AS	20.8%	91.1%	2 MNOK
RAMCO NORWAY AS	19.5%	42.9%	224 MNOK
KAMA CONSULTING AS	−363.7%	98.7%	0 MNOK
CEMAS AS	6.3%	99.6%	0 MNOK
NORMAND DRIFT AS	31.1%	43.5%	1,295 MNOK
NITROGAS AS	21.3%	94.3%	3 MNOK
WELL ID AS	30.9%	49.2%	52 MNOK
NORTH SEA GIANT II AS	67.9%	46.3%	246 MNOK
NYNAS AS	17.9%	88.4%	43 MNOK
SUBSEA 7 NORWAY AS	9.5%	45.5%	11,626 MNOK
R.NEVLAND AS	32.8%	72.8%	3 MNOK
INDEPENDENT OIL TOOLS AS	26.7%	51.6%	212 MNOK
NYE FJELLBERG EIENDOM AS	46.7%	62.7%	1 MNOK
SIEN AS	−63.4%	100.0%	0 MNOK
FLOWPARTNER AS	13.0%	53.2%	69 MNOK
OLYMPIC OPERATION AS	7.2%	39.5%	333 MNOK
FOURPHASE AS	10.2%	67.8%	200 MNOK
OLYMPIC HOLDING CHARTERING AS	7.6%	58.2%	707 MNOK
ALTERA INFRASTRUCTURE CREWING AS	4.4%	71.7%	79 MNOK
REM SUBSEA AS	74.9%	40.8%	268 MNOK
ENHANCED DRILLING AS	26.0%	45.1%	547 MNOK
OLYMPIC TRITON II AS	72.8%	21.5%	90 MNOK
INTERWELL NORWAY AS	27.0%	39.2%	2,072 MNOK
HILDR AS	−377.6%	85.0%	0 MNOK
SCAN TECH AS	7.6%	84.6%	254 MNOK
JON LINDMAN AS	−865.5%	99.9%	0 MNOK
NORTH SEA ENABLER AS	40.4%	86.0%	123 MNOK
EQUINOR IN AMENAS AS	57.8%	63.2%	2,543 MNOK
REM SALTIRE HOLDING AS	73.3%	98.7%	0 MNOK
KOMPLEMENTAR CCB AS	96.6%	62.7%	1 MNOK
RPG NORGE AS	7.5%	84.5%	5 MNOK
TDW OFFSHORE SERVICES AS	21.7%	41.4%	235 MNOK
SUPERIOR ENERGY SERVICES (NORWAY) AS	19.3%	70.7%	18 MNOK
HARBOUR ENERGY NORGE AS	59.6%	24.5%	48,691 MNOK
ODIN DIVING NORGE AS	66.1%	42.8%	1 MNOK
EQUINOR ANGOLA BLOCK 31 AS	76.1%	19.6%	3,172 MNOK
PETROJARL I PRODUCTION AS	11.1%	44.7%	852 MNOK
MOHN DRILLING AS	14.5%	24.7%	235 MNOK
INTELLISERV NORWAY AS	17.4%	60.2%	122 MNOK
EQUINOR ANGOLA BLOCK 15 AS	64.1%	25.9%	4,753 MNOK
HAVILA SUBSEA MANAGEMENT AS	6.9%	74.6%	40 MNOK
HAVILA SUBSEA AS	79.7%	52.8%	114 MNOK
FORCE TECHNOLOGY NORWAY AS	4.0%	57.6%	280 MNOK
OLYMPIC TAURUS AS	76.6%	16.8%	91 MNOK
SCANWELL AS	13.2%	66.9%	39 MNOK
KIMEK OFFSHORE AS	9.3%	54.3%	29 MNOK
CAPEOMEGA GAS TRANSPORTATION AS	95.5%	95.0%	393 MNOK
EQUINOR VENTURES AS	−432.3%	99.9%	70 MNOK
ODFJELL DRILLING AS	21.8%	34.8%	974 MNOK
ONSITE TREATMENT SERVICES AS	10.0%	57.8%	96 MNOK
FAMOS ENGINEERING AS	−62.1%	99.4%	0 MNOK
OCEANEERING AS	10.3%	66.9%	1,888 MNOK
ORLEN UPSTREAM NORWAY AS	48.6%	26.9%	31,325 MNOK
ARNE STANG INVEST AS	−649.2%	81.5%	0 MNOK
DEEPOCEAN AS	11.1%	31.4%	6,089 MNOK
HAUKAAS CONSULTING AS	60.1%	62.1%	3 MNOK
MORE HOLDCO APPLY AS	−3.2%	67.2%	5 MNOK
BOKA TOPAZ OPERATION AS	1.2%	68.7%	170 MNOK
PETROMARIN HOLDING AS	−33.7%	94.5%	5 MNOK
PETRODATA AS	−144.8%	88.8%	0 MNOK
SPIRIT NORWAY HOLDING AS	99.7%	76.1%	54 MNOK
SEA1 OFFSHORE INVEST AS	8.1%	86.2%	50 MNOK
IKM GRUPPEN AS	−38.9%	77.4%	90 MNOK
TARGS AS	73.2%	46.8%	0 MNOK
SAIPEM NORGE AS	7.7%	51.6%	70 MNOK
WELLPARTNER AS	19.3%	53.8%	139 MNOK
EQUINOR IN SALAH AS	67.6%	43.5%	4,510 MNOK
VERTECH OFFSHORE AS	26.9%	19.0%	89 MNOK
HALLIBURTON AS	6.0%	37.4%	10,220 MNOK
OLJEVEDLIKEHOLD AS	0.0%	93.7%	0 MNOK
PRA GROUP EUROPE PORTFOLIO AS	−7.0%	99.8%	9 MNOK
IKM TESTING AS	14.8%	29.4%	2,002 MNOK
TORE.HALVORSEN AS	−10.9%	99.6%	0 MNOK
PETRONOR AS	10.4%	11.4%	2 MNOK
BILFINGER ISP OFFSHORE NORWAY AS	6.3%	79.7%	2,134 MNOK
J PERCY AS	−84.7%	73.5%	0 MNOK
DOLPHIN DRILLING OPERATIONS AS	4.2%	79.9%	40 MNOK
REMOTION AS	17.0%	55.0%	85 MNOK
NØSTE ENERGI AS	17.5%	44.4%	8 MNOK
AKER BP ASA	66.8%	30.1%	133,002 MNOK
COSL OFFSHORE MANAGEMENT AS	−1.2%	56.9%	3,301 MNOK
RIG PARTNER PROJECT AS	29.9%	44.3%	3 MNOK
TOOLSERV AS	8.6%	39.8%	104 MNOK
TOTALENERGIES EP NORGE AS	68.7%	15.3%	69,149 MNOK
AT-JOA INVEST AS	16.3%	64.8%	1 MNOK
NORMAND SUPERIOR AS	78.4%	21.0%	84 MNOK
CMO AS	−53.9%	100.0%	0 MNOK
EQUINOR APSHERON AS	110.5%	21.6%	6,246 MNOK
MANGERUD AS	33.0%	22.8%	3 MNOK
PROSIK AS	25.5%	26.0%	1 MNOK
AKER SOLUTIONS HOLDING AS	−26.4%	93.9%	174 MNOK
BENGT ARE WÅGHEIM HOLDING AS	6.4%	38.6%	3 MNOK
HAVILA MARITIME DIS I AS	47.6%	−0.1%	59 MNOK
OLYMPIC DELTA AS	39.8%	52.1%	69 MNOK
WAVZ ENGINEERING SERVICES AS	6.5%	52.5%	2 MNOK
SOURCE ENERGY AS	20.6%	31.7%	349 MNOK
NOS RENTAL AS	16.4%	32.4%	42 MNOK
TASTA DRILLING AS	42.9%	9.9%	5 MNOK
OKEA ASA	44.1%	5.6%	11,246 MNOK
GM DEEPWATER CONSULTANCY AS	6.8%	70.4%	2 MNOK
ROCKWOOD CONSULTING AS	33.7%	15.0%	2 MNOK
NORTH SEA INFRASTRUCTURE AS	46.6%	21.5%	890 MNOK
NORPIPE OIL AS	25.0%	22.5%	294 MNOK
IK SUBSEA AS	12.1%	33.6%	209 MNOK
EQUINOR ENERGY AS	72.4%	34.8%	406,924 MNOK
HAVILA SUBCON AS	304.3%	−17.1%	62 MNOK
SARENS AS	5.8%	35.7%	143 MNOK
IKM FLUID TREATMENT SOLUTIONS AS	8.2%	26.4%	63 MNOK
JWS GRUPPEN AS	0.5%	69.8%	13 MNOK
DEEP SEA DRILLING COMPANY I AS	2.7%	13.8%	190 MNOK
PSW SOLUTIONS AS	21.4%	20.3%	94 MNOK
EQUINOR DEZASSETE AS	64.4%	20.1%	5,335 MNOK
E INNOVATION NORGE AS	36.2%	15.5%	49 MNOK
DEEP C SOLUTIONS AS	6.9%	12.8%	67 MNOK
NORDIC SUBSEA AS	6.9%	31.2%	5 MNOK
NOV PROCESS & FLOW TECHNOLOGIES AS	5.0%	20.3%	2,757 MNOK
PROPROC AS	40.8%	18.7%	2 MNOK
EQUINOR ASA	14.3%	37.6%	779,351 MNOK
SEADRILL OFFSHORE AS	6.5%	60.0%	1,815 MNOK
SUB SEA SERVICES AS	19.8%	28.4%	326 MNOK
DF RENTAL AS	35.8%	21.8%	39 MNOK
THREE60 ENERGY NORWAY AS	5.1%	29.1%	708 MNOK
JOHANNES ØSTENSJØ DY AS	−105,654.3%	97.9%	0 MNOK
AKASTOR AS	−42.5%	75.8%	57 MNOK
GC RIEBER SHIPPING AS	−22.6%	85.3%	24 MNOK
PERENCO VIETNAM AS	71.2%	33.8%	237 MNOK
SUBSEAPARTNER AS	12.9%	22.8%	178 MNOK
DEEPOCEAN GROUP HOLDING AS	−10.8%	52.1%	266 MNOK
KVENNA AS	11.0%	33.7%	103 MNOK
KOLBEINSVARDEN AS	−17.0%	57.1%	0 MNOK
EQUINOR ANGOLA BLOCK 17 AS	61.7%	20.2%	7,134 MNOK
ENIFLUX AS	22.9%	−3.4%	8 MNOK
KINNA AS	−208.2%	88.9%	0 MNOK
MYRHAUG MARINE AS	6.2%	55.6%	6 MNOK
KAEFER ENERGY AS	6.6%	26.6%	2,567 MNOK
WELL INTERCEPT AS	18.7%	20.8%	4 MNOK
OTECH MARINE SERVICES NORWAY AS	32.1%	0.2%	115 MNOK
APL NORWAY AS	6.6%	57.9%	848 MNOK
SELNES GEOSCIENCE CONSULTING AS	6.5%	9.7%	1 MNOK
REX GEO SOLUTION AS	28.1%	20.2%	1 MNOK
PSW TECHNOLOGY AS	8.9%	22.5%	779 MNOK
VETCO GRAY SCANDINAVIA AS	9.9%	19.7%	3,185 MNOK
ATLANTIC OFFSHORE ALPHA AS	3.7%	57.0%	44 MNOK
WEST SUPPLY VII DRIFT AS	7.2%	17.4%	35 MNOK
NINE DOWNHOLE NORWAY AS	3.1%	19.2%	81 MNOK
JACKTEL AS	12.3%	46.7%	555 MNOK
NORTH SEA RIGS AS	1.1%	19.3%	59 MNOK
HAVEN RIGCO AS	6.0%	96.6%	7 MNOK
JANSEN OG WILLUMSEN SERVICES AS	0.5%	44.1%	80 MNOK
EQUINOR ANGOLA AS	−477.4%	99.8%	3 MNOK
BW OFFSHORE NORWAY AS	5.9%	21.9%	422 MNOK
AKOFS OFFSHORE OPERATIONS AS	21.4%	3.8%	109 MNOK
REPSOL NORGE AS	22.1%	12.2%	6,879 MNOK
AKASTOR ASA	−1,850.0%	93.9%	2 MNOK
DF GROUP AS	−881.7%	33.6%	0 MNOK
ALLSEAS NORWAY AS	2.5%	36.0%	678 MNOK
MOHR AS	−10.8%	80.2%	3 MNOK
PHRONTESEAS AS	0.9%	32.9%	55 MNOK
ARCHER OILTOOLS AS	7.8%	5.4%	1,333 MNOK
OCEAN INSTALLER AS	13.7%	9.3%	4,059 MNOK
LOGE RESOURCES AS	3.7%	29.2%	2 MNOK
CONNECTOR SUBSEA SOLUTIONS AS	7.3%	42.2%	139 MNOK
EQUINOR BTC CASPIAN AS	201.2%	7.9%	95 MNOK
MOORE ENERGY AS	22.5%	14.8%	5 MNOK
ONESUBSEA AS	7.7%	3.9%	15,346 MNOK
AKOFS NORWAY OPERATIONS AS	4.1%	31.4%	856 MNOK
DOF SUBSEA AS	−50.0%	54.2%	21 MNOK
VESTERVIND CONTRACTORS AS	−126.6%	84.8%	1 MNOK
TIOS CREWING AS	1.2%	33.8%	69 MNOK
JAPEX NORGE AS	−139.8%	45.2%	191 MNOK
DEEP SEA MANAGEMENT INTERNATIONAL AS	1.3%	7.5%	318 MNOK
ALTUS INTERVENTION AS	−1.6%	65.4%	1,267 MNOK
SUPPLY CHAIN MANAGEMENT SERVICES AS	−0.5%	65.7%	56 MNOK
A/S Norske Shell	79.4%	3.8%	26,006 MNOK
BOSKALIS OFFSHORE AS	0.9%	31.7%	203 MNOK
DEEP SEA RIG AS	3.5%	8.5%	1,599 MNOK
ASSET INTEGRITY AS	4.9%	22.7%	17 MNOK
HAVILA SUBSEA & RENEWABLES AS	−4,448.8%	45.2%	0 MNOK
TCO NORWAY AS	8.3%	9.0%	425 MNOK
BEERENBERG SERVICES AS	5.8%	22.1%	2,721 MNOK
IQI CERTIFICATION AS	−0.2%	60.5%	1 MNOK
KANFA AS	6.2%	31.8%	399 MNOK
SCANA ASA	−133.4%	73.3%	25 MNOK
EQUINOR RUSSIA ENERGY AS	−664.8%	90.9%	1 MNOK
APPLY AS	5.1%	15.4%	3,983 MNOK
LINJEBYGG AS	4.3%	19.4%	1,285 MNOK
NORTH ATLANTIC AS	7.0%	47.3%	113 MNOK
KELLOGG BROWN & ROOT (NORWAY) AS	−912.5%	90.6%	0 MNOK
ODFJELL TECHNOLOGY AS	3.6%	35.2%	545 MNOK
SEA1 OFFSHORE AS	−8.8%	29.3%	154 MNOK
DIESEL CARE AS	7.2%	5.5%	8 MNOK
OLYMPIC ELECTRA AS	53.1%	−63.6%	44 MNOK
S-ENERGY AS	0.7%	34.8%	1 MNOK
BIRAL LUBRICANTS NORWAY AS	9.8%	33.9%	2 MNOK
VOLANTIS OPERATION AS	2.1%	−14.0%	112 MNOK
SEA1 OFFSHORE MARITIME PERSONNEL AS	4.0%	14.3%	373 MNOK
DNO IRAQ AS	−25.9%	75.8%	2,482 MNOK
OMV NORGE AS	59.2%	7.3%	19,193 MNOK
WEST ASSET MANAGEMENT AS	4.6%	27.1%	14 MNOK
INGINEERING AS	−10.0%	38.0%	1 MNOK
OLYMPIC CREW MANAGEMENT AS	3.7%	0.3%	80 MNOK
ALFA NORDIC SERVICES AS	0.2%	39.5%	54 MNOK
SEA1 OFFSHORE CREW AS	3.0%	16.7%	313 MNOK
CONOCOPHILLIPS SKANDINAVIA AS	52.9%	4.1%	41,859 MNOK
NORTH SEA OFFSHORE AS	0.5%	5.4%	68 MNOK
NORTH SEA SHIPPING HOLDING AS	−1,413.8%	23.7%	2 MNOK
AKER SOLUTIONS ASA	−80.7%	22.4%	57 MNOK
GRAND CANYON OPERATION 2 AS	1.1%	11.4%	195 MNOK
NORAM DRILLING AS	−589.1%	87.7%	1 MNOK
SHELF DRILLING (NORWAY) AS	0.0%	0.6%	53 MNOK
DELMAR SYSTEMS AS	6.2%	19.0%	171 MNOK
ODFJELL INVEST AS	3.3%	25.5%	1,596 MNOK
HAVILA CHARTERING AS	8.7%	−103.1%	131 MNOK
SUBSEA INSULATION AS	5.2%	−11.7%	9 MNOK
HUNTING ENERGY SERVICES (NORWAY) AS	−16.5%	51.4%	39 MNOK
DNO ASA	−60.4%	34.6%	270 MNOK
HAVILA SUBSEA & RENEWABLES HOLDING AS	−1,664.0%	99.3%	0 MNOK
SAIPEM DRILLING NORWAY AS	29.0%	12.5%	2,225 MNOK
NOBLE INTEGRATOR OPERATIONS AS	2.9%	5.7%	952 MNOK
MORELD GROUP AS	−102.7%	66.7%	41 MNOK
H&P DRILLING OFFSHORE SERVICES AS	12.4%	−207.4%	762 MNOK
CABRAL AS	−0.2%	10.4%	1 MNOK
H&P DRILLING NORGE AS	6.6%	12.4%	2,042 MNOK
SOLSTAD SUPERIOR AS	2.9%	16.4%	156 MNOK
GRAND CANYON OPERATION 3 AS	−0.7%	23.5%	166 MNOK
DIATEK AS	−45.8%	52.5%	0 MNOK
LIME PETROLEUM AS	12.8%	−4.0%	2,656 MNOK
OFFSHORE RESOURCE GROUP AS	0.0%	−33.3%	39 MNOK
HAVILA SUBSEA CREWING AS	3.8%	19.6%	2 MNOK
SCHLUMBERGER NORGE AS	6.9%	19.3%	9,991 MNOK
OLYMPIC CREWING AS	3.2%	5.4%	430 MNOK
NDT GLOBAL AS	−12.2%	27.4%	96 MNOK
ARCHER NORGE AS	2.9%	22.9%	893 MNOK
NORTH SEA SHIPPING AS	0.8%	21.6%	321 MNOK
AKER SOLUTIONS AS	4.5%	11.5%	51,211 MNOK
VAN OORD NORWAY AS	3.3%	27.6%	910 MNOK
TECHDOF BRASIL AS	22.9%	35.3%	1,128 MNOK
HAVILA HARMONY AS	138.9%	−185.8%	34 MNOK
ROV & DYKKER SERVICE AS	−43.2%	83.0%	3 MNOK
VÅR ENERGI ASA	50.9%	3.8%	80,038 MNOK
PETORO AS	−1.9%	11.2%	322 MNOK
ARCHER AS	4.0%	17.3%	5,845 MNOK
DNO TECHNICAL SERVICES AS	0.0%	35.4%	237 MNOK
IK GROUP AS	−202.9%	1.5%	2 MNOK
ISLAND DRILLING MANAGEMENT AS	−7.2%	46.5%	59 MNOK
ON & OFFSHORE SERVICES AS	3.9%	21.1%	176 MNOK
SEA1 OFFSHORE REDERI AS	41.2%	31.1%	1,218 MNOK
WOOD GROUP NORWAY AS	1.0%	22.9%	2,141 MNOK
M VEST ENERGY AS	31.6%	−5.4%	814 MNOK
SAGA OFFSHORE PARTNERS AS	−0.5%	43.4%	8 MNOK
TENDEKA AS	3.0%	16.9%	558 MNOK
IO ULSTEINVIK AS	−0.2%	1.9%	51 MNOK
BAKER HUGHES NORGE AS	−12.4%	39.9%	3,887 MNOK
IKM SUBSEA AS	8.5%	16.3%	452 MNOK
AXTECH AS	0.1%	33.9%	259 MNOK
KISTOS ENERGY (NORWAY) AS	7.5%	−4.7%	947 MNOK
INDUSTRIDYKK AS	−2.2%	26.3%	17 MNOK
PANDION ENERGY AS	41.0%	11.8%	2,401 MNOK
GIGGS OIL AND GAS SERVICES AS	36.6%	22.5%	0 MNOK
CIMC OFFSHORE AS	3.8%	−61.5%	1,041 MNOK
DEEP SEA DRILLING COMPANY AS	3.3%	9.9%	1,763 MNOK
INTERWELL AS	−41.2%	14.2%	112 MNOK
PETROLIA NOCO AS	6.6%	−0.7%	714 MNOK
TASIK TOBA SUBSEA AS	6.2%	−2.7%	96 MNOK
GHANA FPSO OPERATIONS AS	−0.8%	4.6%	37 MNOK
IOSOLUTIONS AS	1.3%	−493.9%	4 MNOK
WELLTEC OILFIELD SERVICES (NORWAY) AS	4.3%	4.3%	686 MNOK
DEEP CYGNUS OPERATION AS	−8.6%	36.8%	105 MNOK
DNO NORGE AS	41.5%	5.0%	19,383 MNOK
ODFJELL INVEST II AS	3.4%	9.1%	1,438 MNOK
ODFJELL WELL SERVICES NORWAY AS	3.7%	6.5%	875 MNOK
SEA1 MARINE CREW AS	3.8%	0.1%	42 MNOK
MARDAHL INDUSTRI AS	3.6%	4.2%	115 MNOK
EQUINOR ARGENTINA AS	−749.3%	82.4%	117 MNOK
DOLPHIN DRILLING OFFSHORE AS	−138.2%	40.5%	338 MNOK
EQUINOR LIBYA AS	−142.4%	43.5%	15 MNOK
RIG LINUS CONTRACTOR AS	4.2%	0.8%	704 MNOK
DEEPOCEAN CORPORATE AS	4.7%	0.1%	65 MNOK
ALTERA INFRASTRUCTURE PRODUCTION AS	0.7%	15.4%	444 MNOK
SIEM OFFSHORE OPCO AS	10.9%	−0.2%	111 MNOK
TRANSOCEAN NORWAY OPERATIONS AS	5.1%	5.1%	4,499 MNOK
ISLAND OFFSHORE CREWING AS	−0.1%	5.2%	286 MNOK
RM CONSULTANTS AS	−222.3%	17.0%	0 MNOK
DOLPHIN DRILLING AS	−9,263.2%	90.5%	7 MNOK
INEOS E&P NORGE AS	−15,800.0%	13.3%	0 MNOK
BABYSHOP SENGEMAGASINET AS	−1.7%	−9.8%	7 MNOK
DOF SUBSEA CHARTERING AS	4.4%	7.9%	607 MNOK
H&P MODU OPERATIONS AS	1.8%	7.4%	1,446 MNOK
NOBLE INVINCIBLE OPERATIONS AS	2.1%	6.2%	970 MNOK
DEEP SEA MANAGEMENT AS	1.1%	3.7%	2,648 MNOK
ODFJELL OPERATIONS AS	−3.4%	14.1%	1,176 MNOK
TRADE TECH AS	−7.5%	8.5%	35 MNOK
HAVILA SERVICE AS	−1.8%	−23.4%	50 MNOK
ISLAND OFFSHORE MANAGEMENT AS	−1.6%	7.9%	660 MNOK
CONCEDO AS	−2,739.8%	19.3%	5 MNOK
SLB KRISTIANSAND AS	−23.1%	18.8%	631 MNOK
ODFJELL WELL SERVICES AS	−1.3%	1.8%	101 MNOK
OPTIME SUBSEA AS	−5.6%	24.5%	411 MNOK
ARCHER VERTIKAL AS	−7.8%	19.4%	206 MNOK
TWMA NORGE AS	−3.7%	−0.1%	30 MNOK
AVIUM SUBSEA AS	−22.7%	−77.8%	77 MNOK
TCO GROUP AS	−71.7%	25.9%	19 MNOK
PETRO WELL SERVICES AS	−553.6%	−3.6%	3 MNOK
CLAXTON ENGINEERING SERVICES AS	−5.7%	−7.7%	130 MNOK
ÅLESUND SUBSEA AS	−10.3%	−218.7%	1 MNOK
AKOFS 2 AS	−24.5%	32.3%	174 MNOK
BISN NORWAY AS	−59.6%	−41.0%	4 MNOK
ISLAND DRILLING CREWING AS	1.0%	0.1%	150 MNOK
SONGA OFFSHORE RIG 3 AS	3.4%	−89.5%	3,651 MNOK
GENESIS ENERGIES NORWAY AS	−2.3%	−34.8%	36 MNOK
DET NORDNORSKE OLJESELSKAP AS	−81.9%	−39.4%	0 MNOK
NORTERMINAL RESPONSE AS	−47.4%	−3,096.2%	1 MNOK
WEATHERFORD NORGE AS	−16.7%	19.3%	831 MNOK
INEOS E&P (NORGE) PETROLEUM DK AS	−195.7%	−112.0%	20 MNOK
JETT TECHNOLOGIES AS	−32.1%	−42.6%	0 MNOK
NAMTVEDT -SEALMAKER SERVICES AS	−37.1%	−221.1%	6 MNOK
CK DRIFT AS	−17.7%	−10.0%	1 MNOK
OMEGA WELL INTERVENTION AS	−30.5%	−70.2%	1 MNOK
LU CAP AS	−32.2%	−32.2%	1 MNOK
EXPRO NORWAY AS	−19.2%	−26.5%	649 MNOK
NOBLE DRILLING (NORWAY) AS	−11.8%	−35.7%	205 MNOK
EQUINOR REFINING NORWAY AS	−49.8%	15.9%	3,541 MNOK
MARITIM NORGE AS	−25.6%	−203.2%	0 MNOK
WELL SUPPORT AS	−35.5%	−52,980.4%	0 MNOK
DOF SUBSEA REDERI III AS	−16.3%	−56.0%	141 MNOK
ISLAND DRILLING COMPANY AS	−85.4%	−22.3%	522 MNOK
TRANSOCEAN BARENTS ASA	−877.4%	−36.8%	110 MNOK

Scenario analysis: the sector's weakest year

The sector's weakest year was 2022, with a median operating margin of 1.5%.

Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported.

Fiscal year	Median operating margin	Median equity ratio
2022 · weakest year	1.5%	49.1%
2023	7.7%	40.3%
2024	6.3%	41.1%
2025	5.5%	41.9%
2026	–	71.6%

In 2022, 7 ranked companies did better than the sector, 0 about the same and 6 weaker.

Held up best in 2022

1VETCO GRAY SCANDINAVIA ASequity ratio 34.2%13.7%
2VAN OORD NORWAY ASequity ratio 35.6%11.7%
3ALTUS INTERVENTION ASequity ratio 63.3%11.3%
4SARENS ASequity ratio 62.7%2.5%
5NOBLE INTEGRATOR OPERATIONS ASequity ratio 8.3%2.2%
6NOBLE INTREPID OPERATIONS ASequity ratio 46.1%1.8%
7PETRONOR ASequity ratio 14.2%1.5%

Better than the sector: operating margin at or above the sector median and no loss or negative equity. Weaker: operating margin below the median and a loss or negative equity. Otherwise about the same as the sector. Methodology

The sector in Norway (SSB)

The whole industry as Statistics Norway counts it: every enterprise, not only the limited companies we rank. Use these figures as background for the ranking above.

Enterprises, employment and turnover · 2024

Enterprises: 353; −9.9% from 2023
Persons employed · 2023: 67,328
Turnover · 2023: NOK 1,558.0 bn
Gross operating margin · 2023: 79.5%; Gross operating surplus divided by turnover

All enterprises, sole proprietorships included. SSB withholds some figures for confidentiality. The figure then shows the latest year with every value, and the year is given beside it.

Bankruptcies in the industry

2 enterprise bankruptcies in the last four quarters (2025K4–2026K3). Change +100.0% against the four quarters before (1). That is about 5.7 per 1,000 enterprises.

Foreign-controlled enterprises · 2024

Share of enterprises: 13.5%
Share of persons employed: 47.2%
Share of turnover: –

SSB publishes this for groups of industries only. The figures are for the group “Olje- og gassutvinning og bergverksdrift”. A dash means SSB withholds the figure.

Production index · Utvinning og utvinningstjenester

107.0 index, 2021 = 100, seasonally adjusted · 2026M08
−0.4% against 2025M08.

Monthly, 2023M08 to 2026M08.

Source: Statistics Norway (SSB), table 12910, table 10790, table 08085, table 07095. CC BY 4.0. Our industry codes (SN2025) are linked to SSB’s (SN2007) with SSB’s correspondence table in Klass.

Latest bankruptcies and liquidations

DK OFFSHORE AS 934925947 Voluntary liquidation · 27 October 2026 · 1 MNOK (2025)
OCV RECOVERY AS 984158939 Voluntary liquidation · 10 October 2026
KARPINSKY OIL & GAS COMPANY AS 979302932 Voluntary liquidation · 21 August 2026 · 6 MNOK (2025)
FEARNLEY NORGE AS 986548742 Voluntary liquidation · 4 August 2026
UPSTREAM CONSULTANTS AS 982790239 Voluntary liquidation · 3 June 2026 · 1 MNOK (2025)
CAPEOMEGA AS 995152142 Voluntary liquidation · 24 April 2026 · 0 MNOK (2025)
NORTH SEA COMMANDER SHIPPING AS 989594877 Voluntary liquidation · 24 April 2026 · 78 MNOK (2025)
FRAM ENERGY AS 974346427 Bankruptcy · 27 November 2025

All bankruptcies and liquidations in the sector

Industry codes (NACE)

Code	Description
06.100	Utvinning av råolje
06.200	Utvinning av naturgass
09.101	Boretjenester tilknyttet utvinning av råolje og naturgass
09.109	Andre tjenester tilknyttet utvinning av råolje og naturgass
19.200	Produksjon av raffinerte petroleumsprodukter og fossile brenselsprodukter
49.500	Rørtransport

Ranking by size · 2024

Large

Medium

Small

Biggest moves

Positions in the sector · 2024

This year's sector article is coming

Summary · fiscal year 2024

Climbers and fallers

Climbers

Fallers

Awards · 2024

Needs attention · 2024

Sector map · 2024

Scenario analysis: the sector's weakest year

Held up best in 2022

The sector in Norway (SSB)

Enterprises, employment and turnover · 2024

Bankruptcies in the industry

Foreign-controlled enterprises · 2024

Production index · Utvinning og utvinningstjenester

Latest bankruptcies and liquidations

Industry codes (NACE)