Odfjell Drilling Signs Contract with Lundin Energy Norway

Source: www.gulfoilandgas.com 3/2/2021, Location: Europe

Reference is made to the stock exchange notice of 25 January 2021 in which Odfjell Drilling Ltd announced the award of letters of intent with Lundin Energy Norway for the use of Deepsea Stavanger.

Final contract for the drilling campaign has now been signed. The duration of the contract is changed to three (3) firm wells plus six (6) optional wells. The firm scope has a contractual value of approx USD 33 million.

Otherwise the contract is signed on such conditions as disclosed in aforementioned stock exchange notice.

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