Island Drilling Company AS Revenue and Competitors

Island Drilling was established in 2006 by industry veterans and Island Offshore, the leading global player in well intervention, to build and own special purpose semi-submersible rigs for heavy well intervention operations, including coil tubing operations, through tubing rotary drilling (TTRD). HISTORY It was meant to complement the fleet of light well intervention vessels. The design was however expanded to encompass full drilling capability in Harsh Environment service. The company took delivery of the rig from China’s Cosco Zhoushan Shipyard in 2012. After successfully drilling wells since 2013, the vessel has proved its ability to operate in harsh environment covering the North Sea, Norwegian Sea and the Barents Sea. FUTURE In Island Drilling there is a short communication-path from the rig to the office. This creates room for transparency, honesty and a closer unity, but is also an important key towards making quick decisions. We are a small organization, and our strength is our adaptability! Island Drilling Management AS is Manager for Island Innovator, according to requirements of ISM code. - A drilling contractor for the future.