Petrolia SE, together with its subsidiaries, operates as a rental equipment company for the oil industry in Norway, rest of Europe, Asia, Australia, and internationally. It operates in two segments, Exploration & Production, and Oil Service. The company engages in the sale and rental of drilling equipment; and rental of land rigs. It rents drilling equipment, such as drill pipes, test strings and tubing, and other equipment, as well as casing, handling, and auxiliary tools. The company also provides equipment inspection and maintenance services. In addition, it offers casing and tubing running, drilling, and make and brake services. It serves oil companies, drilling contractors, and oil service companies. The company was formerly known as Petrolia E&P Holdings SE and changed its name to Petrolia SE in January 2013. Petrolia SE was founded in 1997 and is based in Limassol, Cyprus.