Northern Ocean

Oil, Gas, and Mining • Bermuda, Bermuda • 1-10 Employees

Company overview

Headquarters	Bermuda, Bermuda
Phone number	+130052025
Website	northernocean.no
NAICS	211
Founded	2018
Employees	1-10
Socials

Key Contact at Northern Ocean

Arne Jacobsen

Chief Executive Officer

About Northern Ocean

Northern Ocean Ltd is an international drilling contractor with the purpose of owning high specification offshore drilling units designed for harsh environments. The Drilling units are among the most sophisticated in the world and provide safe, efficient operations while incorporating leading green energy technologies. Northern Ocean Ltd has invested in hybrid integrated battery systems and power generation solutions that lower fuel consumption to reduce NOx & CO2 emissions and making the units more environmentally friendly. Northern Ocean Ltd (“NOL”) is a spin-off company of Northern Drilling Ltd, established in March 2017 and listed on Oslo Stock Exchange in June 2018 under the ticker “NODL”. For more information about Northern Drilling Ltd, please see www.northerndrillingltd.com. Northern Ocean is listed at Oslo Stock Exchange under the ticker “NOL”.

Northern Ocean revenue & valuation

Annual revenue	$769,995
Revenue per employee	$86,000
Estimated valuation?This valuation is estimated based on industry average for the Oil, Gas, and Mining industry and current estimated revenues	$2,500,000
Total funding	$20,000,000

Employees by Management Level

Total employees: 1-10

Seniority

Employees

C-Suite

Manager

Partner

Employees by Department

Northern Ocean has 5 employees across 5 departments.

Departments

Number of employees

Funding Data

Explore Northern Ocean's funding history, including investment rounds, total capital raised, and key backers.

Funding Date	Round	Amount	Link to Article
2022-04-10	14	$20,000,000

Funding Insights

$20,000,000

Total funding amount

$20,000,000

Most recent funding amount

Number of funding rounds

Frequently asked questions

Northern Ocean is located in Bermuda, BM.

You can reach Northern Ocean at +130052025.

Northern Ocean was founded in 2018, making it 8 years old. The company has established itself as a significant player in its industry over this time.

Northern Ocean has approximately 1-10 employees. The company continues to grow its workforce to support its business operations and expansion.

Northern Ocean has raised a total of $20,000,000 across 1 funding rounds. This investment has helped the company grow and expand its operations.

Key Contact at Northern Ocean

Arne Jacobsen

Chief Executive Officer

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