- 2016 turnover NOK 319m
- No. of employees ~120
- Acquisition date September 2004
Enhanced Drilling
Enhanced Drilling is a leading supplier of specialized drilling technology to the global oil and gas industry. The company has been a pioneer in creating cost-effective drilling solutions to some of the offshore industry’s biggest challenges and has an strong track record of more than 600 wells drilled. Enhanced Drilling was established as a separate company after the demerger of AGR Group in 2013.
Why we believe in Enhanced Drilling:
- Managed Pressure Drilling (MPD) technology improves drilling efficiency and enhances safety. As operators continue to adopt this technology the market is expected to grow at a healthy rate
- Enhanced Drilling is a leading provider of MPD technologies, and offers both well established technologies, as well as the new EC-Drill technology that has recently been commercialized and well received by customers
- Growth is expected to be driven by increased MPD technology adoption, and demand for the new EC-Drill technology will drive additional demand for the proven RMR technology
Team
- David Hine CEO
Investment Advisory Team
- Pål Stampe BoD
- Maria Tallaksen BoD
- Stian Tuv
- Tor Herman Smedsrud