Odfjell Drilling, a prominent player in the offshore drilling industry, is headquartered in Great Britain and operates extensively in key regions such as the North Sea and Brazil. Founded in 1973, the company has established itself as a leader in providing drilling services and well services, focusing on safety, efficiency, and environmental sustainability.
With a diverse fleet of advanced drilling rigs and a commitment to innovative technologies, Odfjell Drilling stands out for its ability to deliver tailored solutions to meet the unique needs of its clients. The company has achieved significant milestones, including successful partnerships with major oil and gas operators, reinforcing its strong market position. Odfjell Drilling continues to be recognised for its operational excellence and dedication to advancing the offshore drilling sector.
+5 vs industry average
Odfjell Drilling’s score of 37 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Odfjell Drilling's reported carbon emissions
In 2024, Odfjell Drilling reported total carbon emissions of approximately 151.99 million kg CO2e. This figure includes Scope 1 emissions of about 995,000 kg CO2e, Scope 2 emissions of approximately 4,000 kg CO2e, and significant Scope 3 emissions, primarily from downstream leased assets (about 141 million kg CO2e) and employee commuting (approximately 8.46 million kg CO2e). The company has set ambitious climate commitments, aiming to reduce its Scope 1 emissions to near zero by 2025 and to cut Scope 2 emissions by 30% from a 2020 baseline by 2030. Additionally, Odfjell Drilling is focused on achieving a 40% reduction in CO2 emissions through technological advancements and operational efficiencies as part of its zero-emission drilling vision. Odfjell Drilling's emissions data is cascaded from its parent company, Odfjell Drilling Ltd., reflecting its commitment to transparency and accountability in climate action. The company continues to align its strategies with industry standards to mitigate its environmental impact effectively.
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Odfjell Drilling’s Climate Goals (2030 & 2050)
4 goals2030
30% reduction in Scope 2
We will reduce our Scope 2 emissions by 30% from 2020 baseline by 2030.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
4 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Odfjell Drilling
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