Where is Neodrill located?

Neodrill is headquartered in Algard, Norway. It is registered at Kanalsletta 4, 4033, STAVANGER.

Who is the current CEO of Neodrill?

Jostein Aleksandersen of Neodrill.

How many employees does Neodrill have?

As of Dec 31, 2022, the latest employee count at Neodrill is 8.

Is Neodrill a funded company?

Neodrill is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Neodrill rank among its competitors?

Neodrill ranks 30th amongst 44 active competitors, of which 8 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Reelwell, which secured $3.8M in Mar, 2025.

Who are the top competitors of Neodrill?

Neodrill's top competitors include Nabors, Pason and Sekal. Among them, Reelwell secured the most recent funding round in March, 2025.

Neodrill - 2026 Company Profile, Team, Competitors & Financials

Neodrill is an unfunded company based in Algard (Norway), founded in 2000. It operates as a Developer of drilling technologies for offshore oil & gas exploration companies. Neodrill has not raised any funding yet. The company has 44 active competitors, including 8 funded and 11 that have exited. Its top competitors include companies like Nabors, Pason and Sekal.

Company Details

Developer of drilling technologies for offshore oil & gas exploration companies The company develops Conductor Anchor Node - which is a single and multi-well foundation system that ensures proper formation or well support all the way to the seabed. In essence, the product is a combination of an especially designed suction anchor and a centrally placed pipe as a through-going conduit. The suction anchor is used for pushing the center conduit into the seabed and for providing wanted top support for the conductor.

Website: www.neodrill.com/
Email ID: *****@neodrill.com
Registered Address: Kanalsletta 4, 4033, STAVANGER

Key Metrics

Founded Year

2000

Location

Algard, Norway

Stage

Unfunded

Ranked

30^th among 44 active competitors

Employee Count

8 as on Dec 31, 2022

Similar Companies

Nabors & 41 more

View Neodrill's full profile

Neodrill is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Neodrill As CIN: 981920376 , Norway, Active	Feb 01, 2000	-	18 (As on Dec 31, 2022)
NEODRILL AS CIN: 981920376 , United States, Active	Feb 01, 2000	-	8 (As on Dec 31, 2021)	-

Neodrill has not raised any funding rounds yet.

Neodrill's employee count trend

Neodrill has 8 employees as of Dec 22. The total employee count is the same as what it was in Dec 21. Here is Neodrill's employee count trend over the years:

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Top competitors of Neodrill include Nabors, Pason and Sekal. Here is the list of Top 10 competitors of Neodrill, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Nabors 1952, Houston (United States), Public	Provider of cloud and app-based onshore and offshore drilling solutions	-	Omega Advisors, Pamplona Capital Management	61/100
2nd	Pason 1978, Calgary (Canada), Public	Provider of integrated drilling data solutions	-	-	55/100
3rd	Sekal 2011, Sandnes (Norway), Acquired	Software solutions for drilling in oil & gas industry	$3.72M	Aramco Ventures, Equinor & 2 others	46/100
4th	Reelwell 2004, Stavanger (Norway), Series A	Developer of wired drill pipe technology for land and offshore use	$12.2M	Lime Rock Partners, Odfjell Technology & 2 others	43/100
5th	Ulterra 2005, Fort Worth (United States), Acquired	Manufacturer of polycrystalline diamond compact drill bits	-	Industrial Innovation Partners, Amberjack Capital	42/100
6th	Enhanced Drilling 1987, Straume (Norway), Acquired	Technology solutions for drilling industry	-	Equinor, Viking Venture & 1 others	42/100
7th	MagVAR 2010, Denver (United States), Acquired	Provider of solutions for well directional drilling	-	-	38/100
8th	Petrolink 1990, Houston (United States), Unfunded	Wellsite data solutions unlocking oilfield data value through analytics and technology	-	-	37/100
9th	Verdande Technology 2004, Trondheim (Norway), Series B	Provider of real-time drilling decision support for oil and gas industry	$14.4M	Investinor, ProVenture & 3 others	36/100
10th	Integrity Directional Services 2008, Fort Worth (United States), Series B	Directional and horizontal drilling services and software solutions	$32.3M	Falcon Investment Advisors, Maxim Corporate Partners ... & 1 others	36/100
30th	Neodrill 2000, Algard (Norway), Unfunded	Developer of drilling technologies for offshore oil & gas exploration companies	-	-	25/100