BIZTRAC BETA
COMPANY REGISTER PROFILE
988571326 ORG. NO. 2025 ACCOUNTS 8 SECTIONS
Active UPDATED 02.09.2026
Drilling services for petroleum and natural gas extraction

TRANSOCEAN BARENTS ASA

Org. no. 988571326 Public limited company (ASA) Stavanger Incorporated 2005 Active
Ownership graph ↗
Revenue 2025 USD 41.0m
Operating profit USD 10.5m
Equity USD 54.0m
Incorporated 2005
Share capital NOK 1.1m

TRANSOCEAN BARENTS ASA is registered as a public limited company in Stavanger, Rogaland with organisation number 988571326. The business is classified under drilling services for petroleum and natural gas extraction (NACE 09.101). The company was incorporated in 2005. Registered share capital is NOK 1.1m, divided into 110000 shares. The company's stated purpose is: “Å kontrahere, forvalte og eie boreplattformer og dertil hørende virksomhet.”. The most recent filed accounts, for the 2025 financial year, show USD 41.0m in revenue and USD 10.5m in operating profit.

Former names: CONTRACT CO BETA AS, CONTRACT CO BETA ASA

This company reports in USD. The figures below are as filed, not converted to kroner. The top lists convert them to NOK at Norges Bank's rate for the end of the accounting year.

Key figures · 2025

Revenue
USD 41.0m
▲ +299 %
Operating profit
USD 10.5m
▲ +112 %
Equity
USD 54.0m
▲ +160 %
Est. value
NOK 55.8m

Financial health · 2025

Liquidity
0.69
Weak
Current assets ÷ current liabilities
Profitability
4.0%
Weak
Return on total assets
Solidity
15.4%
Satisfactory
Equity as a share of total capital

Who owns TRANSOCEAN BARENTS ASA?

TRANSOCEAN BARENTS ASA
NOK 41.0m rev. · NOK 10.5m profit

TRANSOCEAN BARENTS ASA has 1 registered shareholder:

All shareholders and roles →

Frequently asked questions about TRANSOCEAN BARENTS ASA

Who owns TRANSOCEAN BARENTS ASA?

TRANSOCEAN SERVICES AS is the largest registered owner, with 100.0%.

What is the revenue of TRANSOCEAN BARENTS ASA?

TRANSOCEAN BARENTS ASA had revenue of USD 41.0m in 2025.

Who is the general manager of TRANSOCEAN BARENTS ASA?

Morten Frafjord is registered as general manager of TRANSOCEAN BARENTS ASA.

Where is TRANSOCEAN BARENTS ASA based?

TRANSOCEAN BARENTS ASA has its business address in Stavanger.

Property

Business address Maskinveien 26, 4033 Stavanger
Cadastral unit 1103-15/682/0/0
Building Annen kontorbygning · 1 unit

24 companies are registered at this address.

The address this company is registered at, from the company register and matched against the cadastre. It does not say who owns the property — a company may be a tenant, and the address is often its accountant's. Source: Brønnøysundregistrene and © Kartverket.

Source: Biztrac.no · Data from the Brønnøysund Register Centre and the Norwegian Tax Administration · Last updated 02.09.2026.

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