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
Oil and Gas Field Services in Europe:
Pacific Drilling Sa
sales of 280.67 million Euro [US$316.42 million]
of which 100%
was Contract Drilling),
Foraco International S.A.
(119.16 million Euro [US$134.34 million]
of which 94%
was Mining), and
ADES International Holding Ltd
based in the United Kingdom
(£121.04 million [US$151.87 million]
Sales fell dramatically in 2017:
Fred. Olsen Energy ASA reported sales of NOK 2.30 billion (US$266.30 million)
December of 2017.
decrease of 66.8%
versus 2016, when the company's sales were NOK 6.91 billion.
Contributing to the drop in overall sales was the 68.6% decline
in Offshore Drilling, from NOK 6.83 billion to NOK 2.15 billion.
However, these declines were partially offset by the increase in sales of
Engineering and Fabrication (up 81.5% to NOK 151.42 million)