Northern Offshore Ltd. was created in July 2000 and reorganized into its current form on June 2, 2005 when a new Board of Directors was elected. The company was listed on the Oslo Stock Exchange in September 2007 and trades under the symbol “NOF”.  In late 2007 and early 2008, a new management team was formed to undertake a growth strategy for the company.  This group of industry professionals set out to:

• Operate more effectively
• Move aggressively to grow shareholder value through quality acquisitions
• Raise the visibility of the company in the industry and financial communities
• Attract the industry’s top talent

The company currently operates five drilling units in South East Asia and Europe and one floating production unit currently based in the southern UK.  With this solid roster of equipment and a thirst for opportunity, NOF’s objectives are to grow the company while continually meeting or exceeding the expectations of our current customers. The following are some of the highlights of the NOF fleet and its plans: 

• The semi-submersible Energy Driller commenced a three (3) year contract Q3 2008 with Oil & Natural Gas Company (ONGC) offshore in India.
• The drillship Energy Searcher commenced a twelve (12) month contract with Vietgazprom.
• The floating production unit Northern Producer commenced a five (5) year contract in the UK sector of the North Sea.
• The jackup Energy Exerter is currently work in Greece.
• The jackup Energy Enhancer is currently working in the UK sector of the North Sea with various Operators.
• The jackup Energy Endeavour continues to operate in Denmark with Maersk Oil and Gas. The rig is being marketed worldwide for work after completion of its current contract in Denmark ending Q3 2009 respectively.