Petrolia SE

Petrolia SE is a Cyprus-based international oil service and production company operating in the energy sector through two primary segments: Energy and Energy Service. Its Energy segment focuses on the exploration and production of oil and gas, including a significant 49.9% ownership in Petrolia NOCO AS, which holds exploration licenses on the Norwegian Continental Shelf. The Energy Service segment, primarily through Independent Oil Tools AS Group, specializes in the rental, sale, inspection, and maintenance of drilling equipment such as drill pipes, test strings, tubing, casing, handling tools, and auxiliary services like casing running and make-and-break operations. Serving energy companies, drilling contractors, and service providers across Norway, Europe, Asia, and Australia, Petrolia SE supports upstream oil and gas activities with a global client base and emphasis on operational efficiency and safety. Founded in 1997 and headquartered in Limassol, Cyprus, the company plays a key role in facilitating reliable energy extraction and well services in resource-rich regions.