Neodrill AS Revenue and Competitors

Neodrill’s focus is to make the construction of exploration and production wells cheaper, safer and more efficient by establishing a smarter well foundation, enabling pre-rig well construction.\n\nTheir technically superior solution, CAN® (Conductor Anchor Node), has been proven in over 40 installations, to cut well construction time and costs, reduce risks and improve safety.\n\nOnce installed, the CAN ensures that a proper well formation is in place. This removes the risks associated with uncertainties related to e.g.: bending, fatigue, load capacity and cementing quality.\n\nThe unique design of the CAN lends itself to easy integration of protection structures and efficient pre-installation of other subsea infrastructure equipment like flow lines, etc. As a result, CAN technology now acts as an enabler to other subsea technological advances, leading the way towards the next generation of subsea solution.\n\nThis extended use of their technology supports Neodrill’s commitment to innovation, and dedication to reducing risk and cost.