In this article we will list the 5 largest drilling companies in the world. For our methodology and a more comprehensive list see 15 largest drilling companies in the world.
5. Saipem (BIT:SPM)
Latest revenue for the company (in billions of dollars): 10.2
Latest assets of the company (in billions of dollars): 14.7
Latest net income for the company (in millions of dollars): 13.4
This Italian company, was until 2016, a subsidiary of Eni, one of the biggest oil and gas companies in the world. The company turned a slight profit in 2019, as opposed to a loss in 2018, and has 32,000 employees.
marchello74 / shutterstock.com
4. China Oilfield Services (SHA:601808)
Latest revenue for the company (in billions of dollars): 5.2
Latest assets of the company (in billions of dollars): 14.3
Latest net income for the company (in millions of dollars): 1,300
China Oilfield Services was founded in 2001, and is a state owned company, which you might have gleaned from its name.
Copyright: Elnur / 123RF Stock Photo
3. Halliburton (NYSE:HAL)
Latest revenue for the company (in billions of dollars): 21.7
Latest assets of the company (in billions of dollars): 23.6
Latest net income for the company (in millions of dollars): -2,300
Halliburton, shockingly headquartered in Houston, Texas has 55,000 employees, operations in dozens of countries, and has hundreds of subsidiaries, though it has still been unable to turn a profit in the latest financial year.
Pixabay/Public Domain
2. Transocean (NYSE:RIG)
Latest revenue for the company (in billions of dollars): 4.2
Latest assets of the company (in billions of dollars): 26.9
Latest net income for the company (in millions of dollars): 765
Even though it has been profitable, Transocean, a Swiss company which has offices in 20 countries, was struggling for contracts even before the pandemic hit, and now, it remains to be seen how the company will be able to handle the pandemic’s effect on an already struggling industry.
Pixabay/Public Domain
1. Schlumberger (NYSE:SLB)
Latest revenue for the company (in billions of dollars): 32.5
Latest assets of the company (in billions of dollars): 48.6
Latest net income for the company (in millions of dollars): -17,900
Topping the list of the top 5 largest drilling companies in the world is Schlumberger, which is a French company headquartered in several countries across the world, including of course Houston, Texas. Even though it is perhaps the least profitable drilling company in the world with a loss of $17.9 billion, it is still the largest drilling company.
See also 16 countries with the biggest oil reserves and 15 Richest Countries In The World By Natural Resources
