In 1974, the first rigs were delivered from Aker ASA, and started service for ELF and Saga Petroleum.

The first production drilling contract was awarded by Statoil on the Statfjord oil field in 1979.

In 1984, the company expanded to the United Kingdom with a semi-submersible rig for Hamilton Brothers Oil & Gas.

[5] In 2017, the company sold its 37% interest in Robotic Drilling Systems, which it acquired in 2014.

[6][7] In 2018, the company announced plans to expand its rig count from 4 to 6 to 10.