Business description: Global Rig Company ASA

Noram Drilling AS, formerly NorAm Drilling Company AS, is a Norway-based drilling operator. The Company owns and operates a portfolio of eleven advanced drilling rigs upgraded to maximize drilling efficiency in the Permian Basin in Texas, which is the biggest oil producing region in North America. These rigs are designed to combine the cost efficiency of a compact rig with the versatility of different rig classes, enabling the rigs to cover a broad range of wells for both liquids and gas. NorAm focuses solely on the US land drilling market and has established a solid foothold in the lower US, with operating experience in Louisiana, New Mexico, Oklahoma and Texas. All eleven rigs are operating in Texas in the Permian Basin.

Sales by Activity: Global Rig Company ASA

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Noram Drilling Company

5.04Cr 9.54Cr 12Cr 10Cr 10Cr

Noram Drilling as

1L 1L 1L 1L 1L

Sales Income from Other Segments

-1L -1L -1L -1L -1L

Geographical breakdown of sales: Global Rig Company ASA

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

United States

5.04Cr 9.54Cr 12Cr 10Cr 10Cr

Executive Committee: Global Rig Company ASA

Manager TitleAgeSince
Chief Executive Officer 62 01/01/2017
Chief Operating Officer - 01/11/2014
Investor Relations Contact - 01/08/2022
Corporate Officer/Principal - -
Corporate Officer/Principal - 01/07/2015

Composition of the Board of Directors: Global Rig Company ASA

Director TitleAgeSince
Chairman 60 -
Director/Board Member 53 01/03/2022
Director/Board Member 40 01/06/2023

Shareholders: Global Rig Company ASA

NameStocks%Valuation
48.06 %
2,08,18,658 48.06 % 105 M kr
Nordnet Livsforsikring AS
4.106 %
17,78,754 4.106 % 9 M kr
2.923 %
12,66,225 2.923 % 6 M kr
The Bank of New York Mellon Corp. (Investment Management)
1.853 %
8,02,717 1.853 % 4 M kr
Danske Bank A/S (Investment Management Norway)
1.143 %
4,95,121 1.143 % 2 M kr

Company details: Global Rig Company ASA

NorAm Drilling AS

Bryggegata 3

0112, Oslo

+47 23 11 40 00

http://www.noramdrilling.no
address Global Rig Company ASA

Other Oil & Gas Drilling

Change 5-day change 1-year change 3-year change Capi.($)
+2.66%+0.35%-3.02%+45.48% 2.46TCr
-1.12%-3.24%+60.57%-11.25% 719.03Cr
+1.21%-4.45%+11.83%-18.58% 711.83Cr
+0.09%-0.90%+55.08%-34.49% 613.17Cr
+0.09%+0.27%+63.91%+8.31% 574.37Cr
-0.06%-0.88%+7.01% - 493.95Cr
-2.29%-5.19%-16.88%0.00% 487.98Cr
-0.67%-8.35%+100.82%-24.64% 424.86Cr
-0.53%-5.21%+81.15%-8.31% 397.66Cr
Average -0.07%-4.97%+40.05%-5.44% 764.28Cr
Weighted average by Cap. +0.73%-3.94%+26.95%+9.43%
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