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Fearnley Offshore
from Annual Report Astrup Fearnley
by Konsis
Fearnley Offshore is a leading brokerage firm within the global offshore oil services sector. Since its inception in 1973, the Company has developed and delivered a full range of customized advisory, consulting, research and brokering services to the global offshore services sector. Fearnley Offshore strives to be in the forefront of its markets, with a comprehensive global client base of offshore rig owners, oil companies, and offshore construction yards. Using its proprietary database combined with strong industrial knowledge, Fearnley Offshore provides in-depth market analysis and forecasting of coming market trends before they become obvious. 2020 was a challenging year for the offshore drilling industry, as we experienced another year dominated by refinancings, restructurings, and Chapter-11 processes. Notwithstanding continuing market volatility and cyclical fluctuations, Fearnley Offshore’s fundamental belief in the offshore drilling industry remains positive. As we have done for the past 48 years, we stand firm and side-by-side with our close and long-standing clients through market cycles.
Services Fearnley Offshore assist its clients with a wide range of services, including sale and purchase of second-hand drilling and production units, employment chartering contracts, newbuilding contracts, project development, advisory services and market intelligence. With its in-house detailed and comprehensive market database, coupled with the always up to date market information, Fearnley Offshore provides updated market surveys, forecasts, studies, reports, and presentations tailor-made for specific projects and markets.
With nearly 200 years of combined experience, our team at Fearnley Offshore maintains an extensive range of prevailing knowledge in all aspects of the offshore industry.