
Offshore platform companies play a crucial role in the energy industry, providing a vital source of oil and natural gas to meet the world's growing energy demands.
With operations spanning across the globe, these companies are leaders in their field.
Petrobras, a Brazilian-based company, has been a major player in the offshore industry for decades.
The company's innovative approach to offshore exploration and production has earned it numerous awards and accolades.
Petrobras has a fleet of 12 drillships and 17 semi-submersible rigs, making it one of the largest offshore operators in the world.
Another notable company is Shell, which has been involved in offshore operations since the 1960s.
Shell's expertise in offshore drilling and production has enabled it to successfully extract oil and gas from some of the most challenging environments on the planet.
The company has a long history of innovation, with a focus on developing new technologies to improve efficiency and reduce costs.
BP is also a prominent player in the offshore industry, with a significant presence in the Gulf of Mexico and the North Sea.
The company's experience in offshore operations spans over 50 years, with a focus on safe and environmentally responsible practices.
Offshore Platform Companies
Offshore platform companies can be incredibly beneficial for businesses looking to expand their operations globally.
They offer a unique opportunity for companies to establish a presence in foreign markets without having to physically relocate.
Offshore platform companies can be set up in various jurisdictions, including the Cayman Islands, Bermuda, and the British Virgin Islands, which are known for their business-friendly environments.
These jurisdictions often have favorable tax laws and minimal regulatory requirements, making it easier for companies to operate.
The Cayman Islands, for example, has no capital gains tax, income tax, or payroll tax, which can be a major draw for companies looking to minimize their tax liability.
Offshore platform companies can also provide a level of anonymity and confidentiality, as company records and ownership information are not publicly disclosed.
This can be particularly beneficial for high-net-worth individuals or companies that want to maintain their privacy.
Notable Companies
Noble Corporation is a notable company in the offshore drilling sector, providing services with a fleet of around 20 mobile offshore drilling units.
It has been in the business since 1985 and is known for having one of the most versatile fleets in the energy industry.
Noble Corporation is based in London, UK and earned annual revenue of around 1.2 billion dollars in 2021.
The company has more than 2500 employees and operates in various countries, including the United States, Canada, and Malaysia.
Company Listings
Offshore platform companies can be found in various locations around the world, including the Gulf of Mexico and the North Sea. These companies operate in the oil and gas industry.
Some of the notable companies operating in the Gulf of Mexico include Royal Dutch Shell and BP. These companies have been involved in several high-profile projects in the region.
Offshore platform companies can also be found in the North Sea, where companies like Chevron and ExxonMobil operate.
Top 18 Drilling Companies Globally
Noble Corporation Plc is an American firm headquartered in Sugar Land, Texas, operating different rigs such as floaters and jackups since 1921. It has 24 rigs in its fleet, including eight drill rigs.
Ensco Plc owns a diverse fleet consisting of 39 oil rigs, 13 ultra-deepwater drillships, semisubmersibles, and modern jack-ups. The company operates in strategic basins such as the US Gulf of Mexico, Brazil, Middle East, Asia, Africa, and Pacific Rim.
Rowan Companies was founded in 1923 in Britain as Rowan Drilling, by Charles Rowan and Arch Rowan. The company has annual revenue earnings of more than 1.4 billion dollars and operates one of the youngest fleets in the industry.
Noble Corporation provides offshore-drilling services in the oil and gas sector with a fleet of around 20 mobile offshore drilling units. Its clients include independent companies and also government-owned enterprises.
Ensco Plc is known for one of the most technologically advanced fleets in the petroleum industry. The company's submersibles are installed with a hybrid mooring technology that allows drilling up to a depth of 1500 to 10,000 feet.
Rowan Companies operates drills in Louisiana, the Gulf of Mexico, Alaska, the Middle East, the North Sea, and West Africa. The company's Gorilla class heavy duty offshore drilling rigs can reach a depth of 35,000 feet.
Noble Corporation has been in the offshore drilling sector since 1985 and is known for possessing one of the most versatile fleets in the energy industry. The company has more than 2500 employees and has branch offices in several countries.
Ensco Plc's ultra-deepwater drillships can go up to 12,000 feet, and the company promises its clients proficient drilling operations and efficient reservoir management.
Fluor Corporation
Fluor Corporation is a giant in the oil and gas sector, ranking as the world's third-biggest offshore drilling company.
It was established in 1912 by John Simon Fluor as a construction enterprise and has since grown rapidly.
Fluor provides services through its subsidiary companies operating in various sectors, including oil and gas, industries and manufacturing, engineering and construction.
The company has a massive global presence, with around 55,000 professionals working for Fluor in more than 50 countries.
It is headquartered in Irving, Texas, the United States.
Fluor has been involved in numerous complex projects, such as the construction of the Al-Zour oil refinery in Kuwait and the LNG Canada export facility.
The company has received many awards from organizations like the International Society for Pharmaceutical Engineering and the Project Management Institute.
In 2021, Fluor recorded annual revenue of around $15.66 billion, ranking it as the 196th biggest corporation on the Global 500 list.
7. Diamond Drilling
Diamond Offshore Drilling is an offshore drilling contractor in the oil and gas sector offering oil well construction and asset management services to independent companies as well as government-owned enterprises.
The company is headquartered in Texas, USA and has branch offices in Southeast Asian nations, North America and Scandinavian countries like Norway.
Diamond Offshore Drilling has a significant position in the energy industry with 12 offshore drilling rigs comprising 8 floating platforms and 4 drillships.
In 2017, the company earned annual revenues of around 1.5 billion dollars.
The company is renowned for its innovative technologies such as the Pressure Control by Hour Service, developed in collaboration with Baker Hughes and the Sim-Stack technology which speeds up the drilling operations manifold.
Frequently Asked Questions
What is the biggest offshore company?
The largest offshore company is Halliburton, with a revenue of $23.99 billion. This massive revenue makes Halliburton a leader in the offshore industry, but what sets them apart and how do they maintain their position?
What is the most common offshore platform?
The most common offshore platform is the semi-submersible rig, which offers a balance of stability and deep-water drilling capabilities. This versatile platform is widely used in offshore oil and gas operations.
Sources
- https://www.marineinsight.com/offshore/offshore-drilling-companies/
- https://blog.technavio.org/blog/top-18-offshore-drilling-companies
- https://www.mcdermott.com/solutions/subsea-floating-facilities
- https://www.drillingformulas.com/list-of-major-offshore-drilling-companies/
- https://www.insidermonkey.com/blog/5-biggest-offshore-oil-rig-companies-in-the-u-s-1142179/
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