Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft (0O05.IL)

42.56 -0.52 (-1.20%) As of 09:59AM BST. Market open.

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft

Hauptstrasse 2
Ternitz 2630
Austria
43 2630 315 0
https://www.sbo.at

Sector(s): Energy
Industry: Oil & Gas Equipment & Services
Full-time employees: 1,559

Key executives

Name	Title	Pay	Exercised	Year born
Engineer Gerald Grohmann	CEO & Member of Exec. Board	1.64M	N/A	1953
Magistrate Klaus Mader	CFO & Member of Exec. Board	948k	N/A	1970
Mr. Campbell M. Macpherson	Exec. VP of Advanced Manufacturing & Services (AMS) Division	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft engages in the development, production, and marketing of stainless-steel products and drilling and completion equipment worldwide. The company operates in two segments, Advanced Manufacturing & Services, and Oilfield Equipment. The Advanced Manufacturing & Services segment manufactures high-alloy and non-magnetic stainless steels that offers high material strength and corrosion resistance, as well as customized high-precision MWD/LWD components, such as collars for use as high-tech housings for special logging instruments, sensors, antennas, and generators in the oil, gas, and other industries. The Oilfield Equipment segment engages in the sale and rental of tools, including drilling motors for directional and horizontal drilling, downhole circulation tools for sealing liquid-permeable zones of boreholes and for borehole cleaning during the drilling process, rotary steerable tools for intelligent drill string steering in directional drilling, and composite frac plugs for drilling and completion in the oil and gas industry, as well as in the field of geothermal energy. The segment also offers non-magnetic drill collars, reamers, hole openers, stabilizers, circulation and crossover subs, jars, shocks, etc., as well as provides maintenance, repair, and mechanical procession of existing components. Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft was founded in 1862 and is headquartered in Ternitz, Austria.

Corporate governance

Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft’s ISS governance QualityScore as of 1 October 2023 is 9. The pillar scores are Audit: 6; Board: 8; Shareholder rights: 1; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.