Annual Report

Overview

The report describes Odfjell Drilling's 2025 acquisition of Deepsea Bollsta for USD 480 million, strengthening its fleet and backlog. It reports a 34% reduction in absolute Own Fleet emissions since 2019, alongside a 21% reduction target by 2030 and zero-emission drilling ambition by 2050. The integrated report contains a CSRD/ESRS Sustainability Statement, EU Taxonomy disclosures and limited assurance by KPMG. The Group reported 1,643 employees at year-end.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2025
Period: 1 January 2025 – 31 December 2025
Publication date: 20 April 2026
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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