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Petrolia SE (FRA:0PE) Other Assets for Insurance Companies


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What is Petrolia SE Other Assets for Insurance Companies?

Other Assets for Insurance Companies only applies to insurance companies.


Petrolia SE Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petrolia SE (FRA:0PE) » Definitions » Other Assets for Insurance Companies
Traded in Other Exchanges
Address
205 Christodoulou Chatzipavlou Street, Loulloupis Court, 4th Floor, Office 401, Limassol, CYP, 3036
Petrolia SE is engaged in the sale and rental of energy service equipment to the energy industry. The company operates in two business divisions: Energy and Energy Service. The Energy division focuses on exploration for and production of oil and gas. The Energy Service division is focused on well services for oil and gas drilling, mainly through the Independent Oil Tools AS Group. Well services are also provided for thermo and salt drilling. The group owns one landrig, drills and performs workover on land wells as a drilling contractor with this rig and hired in rigs whenever drilling contracts are secured. Geographically, it operates in Norway, Europe outside Norway, and Asia and Australia.