Allrig Group

What Allrig Group does

Allrig Group is a privately-held, Houston-headquartered (with European head office in the Netherlands) provider of asset management services for the offshore energy industry, founded in 2006 and operating through a network of regional offices in at least 11 countries. The company inspects, repairs, refurbishes, and supplies parts for jack-up rig jacking systems, cranes, drilling equipment, drilling derricks and masts, FPSO/FSU/FSO vessels, and related marine and subsea assets, serving offshore drilling contractors and rig owners globally. Core technical differentiators include three proprietary geometrically compatible jacking system product lines — the Allrig 400 Series (NS 400-compatible), Allrig 440 Series (MLT 375 KIP-compatible, manufactured entirely in-house), and Allrig 600 Series (Baker Marine-compatible) — plus the proprietary Allrig Cleardrop polycarbonate cover for MLT jacking systems and borescope-based gearbox inspection methodology. The business is qualified under API 4F, ISO 9001/14001/45001, DNV, ABS, Lloyd's Register, and IADC frameworks, and operates on a quote-based, project-specific pricing model with multi-year contracts delivered through direct enterprise field sales and 24/7 on-site service. Revenue is generated from four streams: inspection and testing services, repair and refurbishment services, hardware parts supply, and project management/fleet support. Named enterprise customers include Noble Corporation, Ensco, Lamprell, Seafox, and Pioneering Spirit, and the company has executed inorganic growth via the 2015 acquisition of IRM Services and a strategic partnership with Dserv.

Name

Allrig Group

Legal name

ALLRIG

Website

https://allriggroup.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

251–500 employees

Short description

Allrig Group is a privately-held offshore energy asset management services company that inspects, repairs, refurbishes, and supplies parts for jack-up rigs, drilling equipment, cranes, and FPSO vessels worldwide through 11-plus regional offices, serving enterprise drilling contractors.

Ownership category

akta.pro rank

Product category

Offshore Drilling Equipment Services

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132), Ship Building and Repairing (336611), Mining and Oil and Gas Field Machinery Manufacturing (33313), Agriculture, Construction, and Mining Machinery Manufacturing (3331)

SIC

Ship & Boat Building & Repairing (3730), Oil & Gas Field Machinery & Equipment (3533), Oil & Gas Field Services, Nec (1389), Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Marine & Offshore Energy O&M (Offshore Wind, Platforms, Subsea Assets) (EUAEAGAO)

akta.pro secondary industries

Specialized Lifting Systems (Hydraulic Gantries, Strand Jacks, Jacking Systems) (IMAHAJAO), FPSO/FSO Hull Construction & Conversion (IMAJACAC), Underwater Inspection, Maintenance & Repair (UWILD, Diving/ROV, In-water Cleaning) (IMAJAFAJ)

Keywords

• Offshore drilling services
• Jacking system maintenance
• Drilling equipment inspection
• Marine asset management
• Offshore parts supply

Headquarters

HQ city

Houston

HQ country

United States

HQ region

North America

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Inspection and Testing Services: Comprehensive inspection and testing services for offshore drilling assets including cranes, jacking systems, drilling equipment, derricks, and marine/subsea equipment. Includes certifications, special periodic surveys, and condition assessments.
2. Repair and Refurbishment Services: On-site and workshop repair, overhaul, and refurbishment of drilling equipment including BOPs, drawworks, mud pumps, rotary drives, and mechanical handling systems
3. Parts Supply: Supply of OEM and compatible spare parts for jacking systems (NS 400, MLT 375 KIP, Baker Marine), cranes, drilling equipment, and related offshore machinery
4. Project Management and Fleet Support: Rig and equipment audits, project management, and fleet support services including local manpower, visa compliance, and regulatory navigation

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Allrig Group provides inspection, repair, maintenance, overhaul, and class-approved parts supply for offshore drilling assets, with a focus on jack-up rig jacking systems, cranes, drilling equipment, derricks and masts, and FPSO/FSU/FSO vessels. The company also manufactures its own geometrically compatible jacking systems — the Allrig 400, 440, and 600 Series — designed as replacements for legacy National Supply, Marathon Letourneau, and Baker Marine designs. Services are delivered globally through regional offices and 24/7 field service teams.

Product overview

Allrig Group provides a comprehensive portfolio of asset management services and products for the offshore energy industry, centered around six core capabilities: jacking systems, cranes, drilling equipment, derricks, rope access/NDT, and pipe/mechanical handling systems. The company operates as a services and parts provider rather than a software platform. Key product lines include the Allrig 400, 440, and 600 Series jacking systems, which are geometrically compatible replacements for legacy National Supply, Marathon Letourneau, and Baker Marine systems respectively. The company also offers the proprietary Allrig Cleardrop Cover for jacking system inspection. Services span inspection, testing, repair, maintenance, parts supply, audits, project management, and fleet support across drilling rigs, FPSO/FSU/FSO vessels, and offshore platforms globally.

Differentiator

Problem solved

Functional benefit

Brands

• Allrig 400 Series: Geomatically compatible system with NS 400 jacking system originally built by National Supply Company.
• Allrig 440 Series
• Allrig 600 Series

Products and services

• Cranes

Quantifiable outcome

• Projects completed without incident and within budget

Named customers6 records

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core and strategic.

• National Supply CompanycoreTechnology or IntegrationAllrig has developed geometrically compatible replacement systems for the NS 400 jacking system originally manufactured by National Supply Company, allowing operators of legacy systems to source compatible parts and complete systems from Allrig
• Marathon LetourneaucoreTechnology or IntegrationAllrig manufactures the complete Allrig 440 series jacking system which is geometrically compatible with the MLT 375 KIP jacking system originally built by Marathon Letourneau, offering full in-house manufacturing capability
• Baker Marine (Ingleside Texas)coreTechnology or IntegrationAllrig has developed the Allrig 600 Series as a geometrically compatible replacement for Baker Marine jacking systems originally built in Ingleside Texas
• DservstrategicStrategic or Co-development PartnerStrategic partnership with Dserv for enhanced service capabilities in the offshore drilling sector

Scale indicators3 records

Recent moves6 records

Expansion highlights7 records

Others

• Vallourec: Vallourec supplies premium tubular solutions and integrated services for offshore and onshore wells. Adjacent to Allrig as an oilfield equipment supplier with field services overlap, though focused on tubular rather than drilling equipment.

Broad incumbents

• TechnipFMC: TechnipFMC is a major offshore EPC and services provider with subsea, surface, and drilling-equipment capabilities. Comparable in offshore platform and subsea MRO services but at much larger scale.
• Oceaneering International: Oceaneering provides subsea engineering, tooling, and offshore intervention services globally. Overlaps with Allrig on marine/subsea inspection, FPSO support, and rope-access services.
• Helmerich & Payne (H&P): H&P is the largest US land drilling contractor and operates an offshore platform management business. Comparable through its offshore rig operations and equipment MRO activities.
• Aker Solutions: Aker Solutions is a large Norwegian-based offshore engineering and field services provider with deep exposure to North Sea drilling and production operators. Comparable to Allrig in servicing jack-ups and offshore platforms, but at significantly larger scale and broader portfolio.

Direct peers

• National Oilwell Varco (NOV): NOV is the world's largest manufacturer of drilling equipment (including jacking systems for offshore rigs) and operates a global aftermarket service network. Allrig competes head-to-head on jacking system spares and drilling equipment MRO.
• Forum Energy Technologies: FET manufactures and services drilling equipment, subsea technologies, and offshore specialty products with a strong aftermarket business. Direct peer to Allrig on drilling equipment MRO and parts supply for offshore rigs.
• Archer Limited: Archer is a global oilfield services company providing drilling, well services, and platform management including offshore rig operations and equipment maintenance. Comparable in offshore drilling MRO and platform services.
• Axon Energy Products: Axon designs and manufactures drilling tools and equipment with a strong aftermarket and repair business serving global drilling contractors. Comparable on drilling equipment MRO and spare parts.

Regional players

• Lamprell: Lamprell is a UAE-based rig builder and offshore services provider focused on jack-up newbuilds and MRO in the Middle East. Allrig is a known supplier to Lamprell and competes for similar jack-up MRO work in the MENA region.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Allrig Group