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about

Who We Are

Deep Value Driller AS (DVD) invest in high-quality drilling vessels and bareboat to reputable drilling contractors, as well as offering services and participating in activities that are naturally related to this, including investments and participation in other companies. Our ambition is to create value for our shareholders and customers. Our mission is to create value for our customers and investors through the safe and sustainable operation of our modern 7-generation drilling rig with minimal impact on the environment.

Today, we own the Deep Value Driller drilling rig. The rig has been leased to Saipem, which has it on assignment for drilling for oil in very deep waters all over the world. The rig is staffed by Saipem and their customers.

This report for 2023 covers DVD AS, DVD Holding Ltd and DVD Ltd and is the first Transparency act report for the companies. DVD Holding and DVD Ltd are registered companies in Malta. There is only one employee of the companies, Managing Director Svend Anton Maier, who is employed by DVD Ltd in Malta. The companies have a joint board of directors.

Perfect timing enables
a truly unique transaction

Perfect price & timing

Buying 7G drillship at USD 65m vs. all-in construction cost of USD 750m

Best in-class drillship

Gusto MSC 10,000 is a superior design, and sister vessels have long-term contracts with key oil companies

Attractive upside potential

Most attractive distressed asset transaction observed, with purchase price reflecting
only ~9% of build cost

Unique distressed opportunity

Lean low-cost set-up, with no operational organization to be established

the

Management

Svend Anton Maier
CEO

More than 20 years’ experience from international Executive Management positions in Publicly Listed Companies, including CEO at Borr Drilling and several executive operational roles at Transocean and Seadrill.
Experience includes senior positions in key energy locations, including US, UK, Middle East, West Africa, Far East, South America, Russia and Northern Europe.

Proven experience with company development and projects.

Has served on Board of Directors of companies in the offshore and energy Sector, including Prosafe , Sevan Drilling, Sapura, Atlantica Drilling.

Einar J. Greve
Chairman

Works as a strategic advisor in Cipriano AS.

Previously worked as partner of Wikborg Rein & Co for 15 years and as partner of Arctic Securities ASA.

Has held and holds various positions as board member and chairman in Norwegian and international listed and unlisted companies.

Holds a degree in law ( cand.jur ) form the University of Oslo.

Glen Rødland

Mr Rødland is a serial entrepreneur and an independent investor and is currently the chairperson in Prosafe SE (listed Oslo Stock-exchange) ABL-Group ASA (listed Oslo Stock Exchange) and SES-X Marine Technologies (private Company) and a board member in Deep Value Driller ASA (listed on the Oslo Stock Exchange) and ATDL AS (private company).

He was a senior partner at HitecVision (PE managing $6bn invested in the energy industry) for four years (2016-2019), and for ten years (2006-15) he was a partner and co-investor of Direct Active Investments in Ferncliff TIH AS (private office).

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Mr Rødland has worked for 15 years with portfolio management, financial analysis, and investment banking for DNB (Vital) and Swedbank (formerly First Securities and Elcon Securities). In addition, Mr Rødland has also worked in the shipping company Jebsens and as a management consultant in PWC. He has MBA and Post Graduate studies in Finance from Norwegian School business and economics (NHH) and UCLA. Mr Rødland is a Norwegian citizen and resides in Bærum, Norway.

Gunnar Hvammen
Founder of DVD

Works as an active owner/founder through his different companies organized under the holding company Lauvheim Holding AS within the oil service, real estate business and technology.

Previously worked for Fondsfinans and Normarine Offshore Consultants (today Pareto Offshore).

Held various positions as board member in Norwegian and internationally listed and unlisted companies.

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Investor information

Overview over our largest shareholders here

Why now?
Offshore Drilling
industry set to be
reshaped.

Get in touch

Mail: info@deepdrill.hcweb.dev

Address:
Deep Value Driller AS
Munkedamsveien 45 F
0250 Oslo
Norway

Org.nr: 777 555 333

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