History

1997
Fred. Olsen Energy ASA formed.
IPO on the Oslo Stock Exchange in October.


1998
ROV (remotely operated vehicle) activities sold to Stolt Comex Seaways.


1999
Conversion of semi-submersible rigs Bideford Dolphin and Borgland Dolphin at Harland & Wolff yard.
Wind farm business sold to A/S Borgå.


2000
Drillship Navis Explorer 1 (renamed Belford Dolphin) delivered from the yard in Korea and subsequently purchased by FOE.
Purchase of Aker H-3 semi Bredford Dolphin.
Stake in the US exploration and production company Callon Petroleum Inc. sold. 
H&W delivered two drillships to GlobalSantaFe.


2001
H&W awarded a contract from The UK Ministry of Defence for the building of two ro-ro vessels.
Purchase of Aker H-3 accommodation unit Borgholm Dolphin.


2003
FPSO division sold to Fred. Olsen Tankers Ltd. 
Ivy Wood Properties sold.
Dolphin Well Services AS sold to PSL Energy Services Limited.
Support rig Borgila Dolphin sold.


2005
Ocean Liberator purchased and renamed Blackford Dolphin.


2007
Bredford Dolphin upgraded to comply with regulations for operating on the Norwegian Continental Shelf, and commenced operations in Norway.


2008
Conversion and refurbishment of Blackford Dolphin completed.


2011
Ultra deepwater drillship, Bolette Dolphin ordered at Hyundai Heavy Industries Co.  Ltd


2012
Harsh environment, ultra deepwater semi-submersible Bollsta Dolphin ordered at Hyundai Heavy Industries Co. Ltd.

Borgsten Dolphin upgraded and converted from drilling rig to tender support vessel.

2014
The ultra deepwater drillship, Bolette Dolphin, delivered from Hyundai Heavy Industries Co., Ltd.

2015
The contract for the harsh environment, ultra deepwater semi-submersible Bollsta Dolphin ordered at Hyundai Heavy Industries Co. Ltd., was cancelled 

2016
The semi-submersible Borgny Dolphin was sold for decommissioning and recycling in 3Q 2016