Independent Oil Tools

Rents drilling equipment and provides well services for oil and gas, geothermal, mining and CO2 projects worldwide

Stavanger, NorwayFounded 2006iotgroup.comWebsite technologies

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Highlights

  • New on EvolcAdded 2026-10-28

About Independent Oil Tools

IOT Group is an international service organization in the oil and gas industry. It rents tubulars, drillpipe, drill collars, downhole and handling equipment, valves and liner hangers, and provides services including make and break, repair and maintenance, inspection, TRS, casing running, fishing, CNC machining and pressure cleaning.

Its customers are oil and gas operators and drilling contractors, and the group also serves geothermal, waterwell, mining and CO2 projects. It operates from operational centres in oil and gas logistics hubs and supports customers through a network of partners and suppliers.

The legal entity Independent Oil Tools AS was founded in 2006 and is headquartered in Stavanger, Norway; the group traces its history to 1992. The group is a wholly owned subsidiary of Petrolia SE, which is listed on the Oslo Stock Exchange. Its website lists offices in 11 countries, and it names IOT Australia, IOT Malaysia and IOT Romania as operating units.

Product: Equipment rental and oilfield services: drilling tubulars and downhole tools, make and break, inspection, TRS, casing running, fishing and pressure cleaning

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