Fred. Olsen Energy ASA operates in the Drilling oil and gas wells sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Fred. Olsen Energy ASA with three other
companies in this sector in Norway:
Songa Offshore Se
sales of 4.16 billion Norwegian Kroner [US$511.95 million]
of which 83%
Ocean Rig Udw Incorporated
(14.18 billion Norwegian Kroner [US$1.74 billion]
Odfjell Drilling Ltd
(7.52 billion Norwegian Kroner [US$924.20 million]
of which 66%
was Mobile Offshore Drilling Units).
Fred. Olsen Energy ASA reported sales of NOK 9.06 billion (US$1.11 billion)
December of 2015.
increase of 20.6%
versus 2014, when the company's sales were NOK 7.51 billion.
Sales at Fred. Olsen Energy ASA have increased during each of the previous five years
(and since 2010, sales have increased a total of 50%).
Sales of Offshore Drilling saw an increase
21.9% in 2015, from
NOK 7.35 billion to NOK 8.95 billion.
Not all segments of Fred. Olsen Energy ASA experienced an increase in sales in 2015:
sales of Engineering and Fabrication fell 37.9% to NOK 102.32 million.
(However, this segment's sales were only a very small portion of the company's overall sales).