The Drilling Company of 1972 A/S

The Drilling Company of 1972 A/S is a Danish offshore drilling contractor that operates under the commercial name Maersk Drilling. It is part of the A.P. Moller-Maersk group and is headquartered in Copenhagen, Denmark. The company provides offshore drilling services to the oil and gas industry, using a fleet of jack-up rigs, semi-submersible rigs, and drillships. Its operations span major offshore regions including the North Sea, West Africa, the Americas, Asia Pacific, and the Middle East. The entity was established in 1972 as part of Maersk's expansion into offshore energy services. Over the decades, Maersk Drilling built a reputation for operating some of the most advanced and efficient offshore drilling units, particularly in harsh-environment areas such as the North Sea. The company is a subsidiary of A.P. Moller-Maersk, one of Denmark's largest industrial groups. While it operates as a distinct drilling contractor, it benefits from the Maersk brand and its parent company's maritime and logistics heritage. The Drilling Company of 1972 A/S remains an active player in the global offshore drilling market, though the sector is cyclical and influenced by oil prices and energy transition trends.

The Drilling Company of 1972 A/S was established in 1972 as part of the A.P. Moller-Maersk group's diversification into offshore drilling. The company was created to provide drilling services for oil and gas exploration and production, initially focusing on the North Sea. Over the following decades, Maersk Drilling expanded its fleet and geographical reach, becoming a significant player in the global offshore drilling industry. It invested in advanced drilling rigs capable of operating in harsh environments and deep waters. The company operated as a subsidiary of A.P. Moller-Maersk, benefiting from the group's maritime expertise and financial strength. In the 2010s, Maersk Drilling underwent structural changes, including a separation from the parent company's other energy activities. In 2019, A.P. Moller-Maersk spun off Maersk Drilling as a separate listed company on Nasdaq Copenhagen. However, the entity The Drilling Company of 1972 A/S remained the legal name for the drilling business. In 2022, Maersk Drilling merged with Noble Corporation, creating a combined offshore drilling company. The Drilling Company of 1972 A/S continues to exist as a legal entity within the Maersk group structure, though its operational brand may have transitioned. The history reflects the broader trends in the offshore drilling sector, including consolidation and adaptation to market cycles.

• 2022

  Maersk Drilling merged with Noble Corporation.

• 2019

  Maersk Drilling spun off as a separate listed company on Nasdaq Copenhagen.

• 1972

  The Drilling Company of 1972 A/S founded as part of A.P. Moller-Maersk.

Premium offshore drilling contractor with a focus on advanced rigs and harsh-environment operations.

• Jack-up rigs

• Semi-submersible rigs

• Drillships

1. 1The Drilling Company of 1972 A/Swikidata.org