Dixstone
- Company typePrivate
- Founded2023
- HeadquartersHoofddorp, Netherlands
- Headcount1,001–5,000
- GTM typeB2B
- OfferingServices
Dixstone firmographics
Firmographics- Name
- Dixstone
- Legal name
- Dixstone Netherlands N.V.
- Website
- https://dixstone.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Ownership category
- akta.pro rank
Dixstone industry classification
Industry- Product category
- Offshore Energy Services
- NAICS
- Oil and Gas Field Machinery and Equipment Manufacturing (333132), Mining and Oil and Gas Field Machinery Manufacturing (33313)
- SIC
- Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533)
- akta.pro primary industry
- Drilling & Workover Rigs (Land & Offshore) (EUALABAA)
- akta.pro secondary industries
- Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters) (EUALABAJ), FPSO/FSO Hull Construction & Conversion (IMAJACAC), OCTG, Line Pipe & Tubular Services (Supply, Inspection, Threading) (EUALABAN), Pipe-lay & Heavy-lift Offshore Vessel Construction (IMAJACAE)
Keywords
Where Dixstone is headquartered
LocationHeadquarters
- HQ city
- Hoofddorp
- HQ country
- Netherlands
- HQ region
- Europe
Offices14 records
Markets served
Dixstone business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales
Revenue model
- Drilling & Well Operations Services: Dixstone provides offshore and onshore drilling solutions using purpose-built rigs (jack-up, platform, and land rigs) along with integrated services including cementing, wireline, pumping, mud logging, directional drilling, tubular running, conductor pipe installation, casing cold cutting, brine filtration, wellbore clean-up, and solid control & waste management. Revenue is generated through project-based drilling contracts with energy operators.
- Marine Operations Services: Dixstone Marine operates a diverse fleet of offshore vessels (AHTS, diving support barges, flat barges, Multicats, pipe lay, semi-submersible barges, jack-ups, special purpose barges) providing maritime operations support to oil and gas clients. Revenue is generated through vessel charter, marine project contracts, and fleet management services.
- Construction & Conversion Services: Dixstone Construction offers shipbuilding, rig/vessel conversion, and offshore support services from its yards in the Netherlands (Vlissingen) and Gabon (Port-Gentil). Services include FSO/FPSO conversions, jack-up modifications, self-installed platform construction, diving support vessel building, accommodation barge construction, and dry-docking services. Revenue is generated through project-based EPC-style contracts.
- Decommissioning Services (Petrodec): Under the Petrodec trademark, Dixstone provides full decommissioning services from plugging and abandonment to recycling, ensuring environmentally responsible and cost-effective solutions for retiring offshore assets. Revenue is project-based, typically contracted by energy operators with aging offshore infrastructure.
- Retail Services (Morrighan): Under the Morrighan trademark, Dixstone provides retail services focused on the supply of Oil Country Tubular Goods (OCTG) to locations across West and Central Africa.
- Workover Services: Dixstone uses its workover units to carry out operations like pulling and replacing equipment inside oil and gas wells, helping keep wells in good condition and extending their productive life. Revenue is generated through service contracts with oil and gas operators.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-based professional services with no publicly disclosed pricing |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Dixstone product offering
Product offeringCore offering
Dixstone is an integrated offshore energy services company providing turnkey solutions across the upstream oil and gas value chain, delivered through four service divisions: Marine (fleet of ~30 offshore vessels), Construction (shipbuilding, rig/vessel conversion, and self-installed platforms from yards in the Netherlands and Gabon), Drilling & Services (jack-up, platform, and land rigs with integrated well services), and Workover (well maintenance). The portfolio also includes Petrodec decommissioning services and Morrighan retail supply of Oil Country Tubular Goods in West and Central Africa.
Product overview
Dixstone is an offshore energy services company offering an integrated portfolio of turnkey solutions across the upstream oil and gas value chain. The company operates through four main service divisions: Marine (vessel fleet management), Construction (shipbuilding and conversion), Drilling (well drilling and integrated services), and Workover. The portfolio also includes two sub-brands: Morrighan for retail/OCTG supply and Petrodec for decommissioning services. The company utilizes IFS Cloud as an internal operational platform for project control and asset management across its 10-country global operations.
Differentiator
Problem solved
Functional benefit
Brands
- Morrighan: Retail services focused on the supply of Oil Country Tubular Goods to locations across West and Central Africa.
- Petrodec
Products and services
- Dixstone Marine Operates and manages a diverse fleet of approximately 30 offshore vessels including AHTS, Multicats, diving support barges, pipe lay vessels, semi-submersible barges, jack-ups, and special purpose barges for marine operations supporting offshore oil and gas clients.
- Dixstone Construction Provides construction, conversion, and engineering services for offshore assets from yards in the Netherlands (Vlissingen) and Gabon (Port-Gentil). Services include shipbuilding, rig and vessel conversions, FSO/FPSO conversions, self-installed platform construction (Fololo type), diving support vessel building, accommodation barge construction, and dry-docking services.
- Dixstone Drilling & Services Delivers offshore and onshore well drilling services using jack-up rigs (Axima, Banba, Nuada, Hurstgra II), platform rigs (Lug, Harima), and land rigs (Midir, Dravus), along with integrated services including solid control and waste management, mud logging, cementing, directional drilling, tubular running, conductor pipe installation, casing cold cutting, brine filtration, drilling mud analysis, and wellbore clean-up.
- Dixstone Workover Services Uses workover units to carry out operations such as pulling and replacing equipment inside oil and gas wells to maintain well condition and extend productive life, serving oil and gas operators.
- Morrighan (Retail / OCTG Supply) Retail services trademark focused on the supply of Oil Country Tubular Goods (OCTG) to locations across West and Central Africa, supporting oilfield operators with critical consumables.
- Petrodec (Decommissioning Services) Decommissioning services trademark providing full decommissioning solutions from plugging and abandonment to recycling, ensuring environmentally responsible and cost-effective solutions for retiring offshore assets in the North Sea and globally. Includes participation in world-first carbon injection trials and CCS projects.
Quantifiable outcome
- Dixstone delivered nearly 50 wells in less than 5 years from 7 drilling pads on the Ganga field, unlocking more than 60 million barrels from a semi-abandoned field.
- +3 more outcomes
Companies that use Dixstone
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Dixstone technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Dixstone partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- IFScoreIFS was selected by Dixstone to implement IFS Cloud, unifying and modernizing Dixstone's offshore energy operations across 10 countries and 2,200+ personnel. The platform supports project financial control, real-time planning, asset operations, and predictive maintenance across Dixstone's global fleet of rigs, vessels, and platforms, aligning with Dixstone's goal of integrating processes across the upstream energy value chain from exploration to decommissioning.
- Holland ShipyardscoreHolland Shipyards organized the christening ceremony for the Men Cren vessel (first of three multi-purpose shallow water vessels in Dixstone Marine's new fleet). The three vessels — Men Cren, Men Goe, and Men Skey — named after small islands off the coast of French Brittany, represent a significant enrichment of Dixstone Marine's service capabilities for shallow water operations across Africa.
- NorthSeaPortminorNorthSeaPort Magazine featured the groundbreaking CO2 injection trial completed by Perenco, Dixstone, and Petrodec at the Leman field. NorthSeaPort serves as a regional publishing partner highlighting Dixstone's CCS innovation in the North Sea region.
- Heritage Petroleum (Trinidad & Tobago)coreHeritage Petroleum hired the COBEIA vessel for a $200 million three-year refurbishment program to modernize TSP fields in Trinidad & Tobago by electrifying offshore platforms and replacing the existing export pipeline connecting the field to the onshore terminal at Galeota. Dixstone's COBEIA successfully completed the pipe and cable laying campaign.
- National Gas Company (NGC) (Trinidad & Tobago)coreNGC partnered with Heritage Petroleum and Perenco T&T in the $200 million TSP fields refurbishment program. The COBEIA vessel was hired as part of this initiative to modernize offshore infrastructure in Trinidad & Tobago.
- Bureau VeritasminorBureau Veritas issues ISO 9001, ISO 14001, and ISO 45001 certifications to Dixstone and its Marine Department, providing independent third-party verification of quality, environmental, and occupational health and safety management systems.
Scale indicators10 records
Recent moves8 records
Expansion highlights6 records
Dixstone competitors and assessment
Company assessmentDirect peers
- Vallourec: Global leader in premium OCTG (Oil Country Tubular Goods) solutions and line pipe services. Directly comparable to Dixstone's Morrighan sub-brand supplying OCTG to West and Central African markets.
- Transocean: World's largest offshore drilling contractor operating ultra-deepwater and harsh-environment drilling rigs. Comparable to Dixstone Drilling's jack-up and platform rig services, though Dixstone operates in shallower waters and integrated services.
- Seadrill: Offshore drilling contractor operating a modern fleet of jack-ups, semi-submersibles, and drillships globally. Directly comparable to Dixstone Drilling's jack-up and platform rig operations serving independent and major operators.
- Tidewater Inc. Owner and operator of the world's largest fleet of offshore support vessels (OSVs) including AHTS and PSVs. Directly comparable to Dixstone Marine's vessel operations in West Africa and the North Sea.
- DOF Subsea: Norwegian offshore vessel operator providing AHTS, subsea construction, and ROV services. Comparable to Dixstone Marine's offshore vessel operations, particularly in the North Sea region.
- Bourbon Corporation: Global offshore marine services provider operating a fleet of AHTS, PSVs, and crew boats serving oil & gas operators in West Africa, Europe, and Asia. Highly comparable to Dixstone Marine's vessel charter business and African footprint.
- Valaris Limited: One of the world's largest offshore drilling companies operating jack-ups, floaters, and moored rigs. Comparable to Dixstone's jack-up drilling operations and integrated well services portfolio.
Broad incumbents
- Subsea 7: Global leader in subsea construction, pipelay, and SURF services with broader engineering and project management capabilities. Comparable to Dixstone's pipe lay and offshore construction services but at materially larger scale.
- Heerema Marine Contractors: Specialist in offshore heavy lift, transport, installation, and decommissioning of offshore structures. Comparable to Dixstone's Petrodec decommissioning and FPSO conversion capabilities.
- Saipem: Integrated oilfield services and EPC major offering drilling, engineering, construction, and offshore vessel services globally. Comparable to Dixstone's integrated marine-construction-drilling model at much larger scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Dixstone social profiles
Digital presenceDixstone compliance and trust
Trust signalCompliance3 records
Dixstone financial estimates
Financial estimateRevenue estimate
Valuation estimate
Dixstone leadership team
Management profileNumber of profiles
Profiles14 records
Dixstone subsidiaries and ownership
Company hierarchySubsidiaries4 records
Dixstone funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Dixstone M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Dixstone
What does Dixstone do?
Dixstone is an integrated offshore energy services company providing turnkey solutions across the upstream oil and gas value chain, delivered through four service divisions: Marine (fleet of ~30 offshore vessels), Construction (shipbuilding, rig/vessel conversion, and self-installed platforms from yards in the Netherlands and Gabon), Drilling & Services (jack-up, platform, and land rigs with integrated well services), and Workover (well maintenance). The portfolio also includes Petrodec decommissioning services and Morrighan retail supply of Oil Country Tubular Goods in West and Central Africa.
Is Dixstone a public or private company?
Dixstone is a private company. It is classified as corporate owned and is currently operating.
When was Dixstone founded?
Dixstone was founded in 2023. It employs 1,001 to 5,000 people.
Where is Dixstone based?
Dixstone is headquartered in Hoofddorp, Netherlands, in the Europe region.
How does Dixstone make money?
Six revenue lines are on record. Drilling & Well Operations Services are the primary driver. The others are marine Operations Services, construction & Conversion Services, decommissioning Services (Petrodec), retail Services (Morrighan) and workover Services.
Who are Dixstone's main competitors?
Direct peers on record are Vallourec, Transocean, Seadrill, Tidewater Inc., DOF Subsea, Bourbon Corporation and Valaris Limited. Broad incumbents are Subsea 7, Heerema Marine Contractors and Saipem.
Does Dixstone have an API?
No public API is recorded for Dixstone.
What industry is Dixstone in?
Dixstone's product category is Offshore Energy Services. Its primary akta.pro industry code is EUALABAA, Drilling & Workover Rigs (Land & Offshore), with a secondary code of EUALABAJ, Offshore Marine & Aviation Support (PSVs, AHTS, Crew Boats, Helicopters). Its NAICS code is 333132 and its SIC code is 1389.