Odfjell Drilling Ltd operates in the Drilling oil and gas wells sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Odfjell Drilling Ltd with three other
Oil and Gas Field Services in Europe:
Pacific Drilling Sa
of Luxembourg
(2016
sales of 697.16 million Euro [US$855.40 million]
of which 100%
was Contract Drilling),
Fred. Olsen Energy ASA
(6.91 billion Norwegian Kroner [US$881.36 million]
of which 99%
was Offshore Drilling), and
Foraco International S.A.
which is
based in France
(104.34 million Euro [US$128.03 million]
of which 89%
was Mining).
Sales Analysis.
Odfjell Drilling Ltd reported sales of NOK 5.51 billion (US$702.28 million)
for the
year ending
December of 2016.
This
represents
a
sharp
decrease of 26.7%
versus 2015, when the company's sales were NOK 7.52 billion.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Odfjell Drilling Ltd had sales
of NOK 5.92 billion.
Contributing to the drop in overall sales was the 33.8% decline
in Eliminations, from NOK 149.66 million to NOK 99.13 million.
There were also decreases in sales in
Mobile Offshore Drilling Units (down 27.1% to NOK 3.63 billion)
and
Drilling&technology (down 25.7% to NOK 1.04 billion)
and
Well Services (down 25.4% to NOK 733.27 million)
.