• 2017 turnover EUR 27m
  • 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
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