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4 stories mentioning ODL.OL

Every FINWIRES story that references ODL.OL, newest first.

Equities

Odfjell Drilling Says Administrative Tax Case Verdict Challenged in Supreme Court

Odfjell Drilling (ODL.OL) said Tuesday that the Norwegian Tax Authorities appealed a Gulating Court of Appeal ruling in favor of its subsidiary Odfjell Offshore, sending the case to the Supreme Court.The Norwegian drilling and engineering company won the appeal from the Gulating Court of Appeal on April 17, 2026, regarding the adverse 2022 administrative tax decision by the tax authority.The Supreme Court's appeals committee is expected to decide within three months whether the appeal will be admitted.

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Equities

Odfjell Drilling Buys Japan-made Vessels for $290 Million

Odfjell Drilling (ODL.OL) signed contracts valued at $290 million to buy four stainless steel vessels from a shipowner in Japan.The Norwegian drilling and engineering company said Wednesday the ships will be delivered from the first quarter of 2027 until the second quarter of 2029.The 40,000 deadweight tonnage fuel-efficient ships will be used for core deep-sea trades.

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Equities

Odfjell Drilling Pauses Rig Operations Following Blowout Preventer Incident

Odfjell Drilling (ODL.OL) said Monday that a blowout preventer fell to the seabed at a depth of 1,100 meters during operations on April 18.No injuries were reported, and the rig remains secure.However, the drilling company has halted operations while it recovers the equipment and investigates the cause of the incident.

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Equities

Odfjell Drilling Wins Appeal Against Administrative Tax Action in Norway

Odfjell Drilling (ODL.OL) won its appeal against an adverse 2022 administrative tax decision by the Norwegian Tax Authorities.The Gulating Court of Appeal issued its verdict on the Norwegian drilling and engineering company's appeal on April 17, according to a same-day release. The tax regulator has one month to appeal.

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