{"id":77089,"date":"2026-03-02T08:26:31","date_gmt":"2026-03-02T14:26:31","guid":{"rendered":"https:\/\/drillingcontractor.org\/?p=77089"},"modified":"2026-03-02T08:26:31","modified_gmt":"2026-03-02T14:26:31","slug":"odfjell-technology-to-acquire-70-stakes-in-kaseum-razor-oiltools","status":"publish","type":"post","link":"https:\/\/drillingcontractor.org\/odfjell-technology-to-acquire-70-stakes-in-kaseum-razor-oiltools-77089","title":{"rendered":"Odfjell Technology to acquire 70% stakes in Kaseum, Razor Oiltools"},"content":{"rendered":"<p>Odfjell Technology entered into agreements to acquire a 70% ownership interest in two service companies that support lightweight intervention and plug and abandonment (P&amp;A) operations.<\/p>\n<p>Under the terms of the agreements, Odfjell Technology will take majority stakes in Kaseum Holdings and Razor Oiltools, both of which bring specialist equipment and personnel focused on subsea intervention and P&amp;A services.<\/p>\n<p>The acquisitions are intended to enhance Odfjell Technology&rsquo;s capability offering in the evolving North Sea and global decommissioning markets by integrating lightweight intervention and P&amp;A solutions within its broader portfolio of offshore operational services.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Odfjell Technology entered into agreements to acquire a 70% ownership interest in two service companies that support lightweight intervention and plug and abandonment (P&amp;A) operations. Under the terms of the agreements, Odfjell Technology will take majority stakes in Kaseum Holdings and Razor Oiltools, both of which bring specialist equipment and personnel focused on subsea intervention &hellip;<\/p>\n","protected":false},"author":28,"featured_media":77090,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,188],"tags":[],"class_list":["post-77089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-people-companies-and-products"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Odfjell Technology to acquire 70% stakes in Kaseum, Razor Oiltools - Drilling Contractor<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/drillingcontractor.org\/odfjell-technology-to-acquire-70-stakes-in-kaseum-razor-oiltools-77089\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Odfjell Technology to acquire 70% stakes in Kaseum, Razor Oiltools - Drilling Contractor\" \/>\n<meta property=\"og:description\" content=\"Odfjell Technology entered into agreements to acquire a 70% ownership interest in two service companies that support lightweight intervention and plug and abandonment (P&amp;A) operations. 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