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D

Dolphin Drilling AS DDRIL.OL · NOK

Energy · Oslo Børs · 🇳🇴 Norway

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2.36

+1.29%

Close of 9 Nov 2026, in NOK

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About Dolphin Drilling AS

Its shares trade on Oslo Børs under the ticker DDRIL.OL. It has been listed since 13 September 2022. In the fiscal year to 31 December 2024, it reported revenue of $96.9m and a net loss of $100.4m. At that date it held total assets of $196.2m and shareholders' equity of $42.0m.

Dolphin Drilling AS operates as a drilling contractor for the offshore oil and gas industry. The company is headquartered in Sandnes, Rogaland. The company went IPO on 2022-09-13. The firm's mission is to deliver hyper-connected drilling services to the harsh environment and mid-water market. Dolphin Drilling owns a fleet of three high-technical standard 4th and 5th generation enhanced Aker H3 units, Borgland Dolphin, Blackford Dolphin, and Bideford Dolphin, operated by an experienced team with operational track record. The firm operates in Norway, the United Kingdom, Brazil and Mexico.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Energy
Industry
Energy Equipment & Services
Listed since
13 Sept 2022
Employees
262

Leadership

Pay as last reported

  • Mr. Ronny BjornadalChairman of the Board, since 2020
  • Mr. Jon BryceChief Executive Officer
  • Mr. Ingolf GillesdalChief Financial Officer
  • Ms. Melissa ClareBoard Member
  • Ms. Linn HoieBoard Member
  • Mr. Bertel SteenBoard Member

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
0
Environment
0
Social
0
Governance
0

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Dolphin Drilling operates a fleet of three high-technical standard drilling units in Norway.
  • The experienced team delivers hyper-connected drilling services to the harsh environment market.
  • The company employs 262 full-time staff members across its international operations.

Weaknesses

  • The firm relies on a small fleet of only three drilling units.
  • Operations are concentrated in only four specific countries worldwide.
  • The company has a relatively small workforce of 262 employees.

Opportunities

  • Dolphin Drilling can expand its services in the mid-water market segment.
  • The company may grow its presence in the United Kingdom market.
  • Expansion into Brazil offers potential for increased offshore drilling contracts.

Threats

  • Volatility in the offshore oil and gas industry affects revenue.
  • Competition from other drilling contractors in Norway and Mexico exists.
  • Operational risks in harsh environments may impact unit availability.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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