Jacktel AS
5.90
NOK
0.00
(0.00%)
Jacktel AS
OSL:JACK
(Euronext Oslo)
Recent
price
5.90
P/E
ratio
3.75
div
yld
18.26%
ROIC.AI
Capital Structure
USD
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in mil. unless spec.Working Capital
USD
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in mil. unless spec.Growth Rates
USD
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in mil. unless spec.Quarterly Revenue
USD
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in mil. unless spec.Quarterly Earnings Per Share
USD
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in mil. unless spec.Quarterly Dividends Per Share
USD
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in mil. unless spec.- Similar Companies
- Business
- Jacktel AS is an offshore energy services company that owns and operates offshore accommodation and support units for the oil, gas, and marine infrastructure sectors. Founded in 2009 and headquartered in Oslo, Norway, the company specializes in providing harsh-environment offshore flotel solutions that support maintenance, modification, hook-up, commissioning, and decommissioning campaigns across the North Sea, including the Norwegian, British, and Danish Continental Shelves. The company operates primarily through the ownership of Haven, a four-legged, self-elevating harsh-environment jack-up accommodation unit. Jacktel AS offers a comprehensive suite of offshore flotel and marine support solutions, including: offshore living quarters featuring single and double cabin accommodation with capacities for up to 444 personnel; full-service offshore hotel and catering management; telescopic gangway systems designed for continuous, heave-compensated personnel transfer between the accommodation unit and fixed or floating offshore installations; heavy-lift deck cranes and open deck laydown areas for equipment staging, fabrication support, and light construction logistics; onboard administrative facilities, including high-bandwidth client office complexes, meeting rooms, and recreation lounges; and harsh-environment station-keeping engineered in compliance with strict NORSOK standards. The company primarily serves integrated energy majors, independent exploration and production operators, and offshore engineering, procurement, and construction contractors. In recent developments, Jacktel AS has secured key accommodation charters and contract extensions in the North Sea to support major field development, maintenance, and brownfield tie-in programs with leading European operators. Operationally, the company has completed structural overhauls, crane recertifications, and accommodation module refurbishments on the Haven unit to maintain compliance with updated offshore safety regulations and reduce energy consumption. In addition, Jacktel AS completed a comprehensive financial restructuring and maturity extension of its senior secured bond debt, strengthening its balance sheet, enhancing liquidity, and aligning its capital structure with multi-year operational requirements. The technical and commercial management of the company's primary asset is executed in collaboration with Macro Offshore Management AS.