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Petrolia

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Petrolia SE
205 Christodoulou Chatzipavlou Street
Loulloupis Court, 4th Floor, office 401
3036 Limassol
Cyprus

Tel: +357 25 725 777

Description

Petrolia SE Group, which comprises Petrolia SE and its subsidiaries has two business divisions: Exploration and Production (“E&P”) and OilService. Petrolia SE is listed on the Oslo Stock Exchange under the ticker code PSE.

The core activities include Independent Oil Tools AS, a well-established international equipment rental company for the global oil industry.

In addition, the Group owns 49.9% of Petrolia Noco AS, an independent oil & gas company qualified as an operator on the Norwegian Continental Shelf (NCS).

Oil Service

The Group’s involvement in oil services began with the acquisition of Independent Oil Tools AS ('IOT') in 2007. Since then, it has developed into a leading international equipment rental group with a global presence.

The IOT Group benefits from an excellent track record of availability, technical compliance, experience and performance. It has a well-established, large, international client base, including a portfolio of contracts in place with numerous major oil service companies, oil companies and drilling companies.

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