Equinor has exercised two new wells for Deepsea Atlantic. The wells have been exercised under the continued optionality mechanism in the contract entered into between the parties in May 2018, as part of the overall Master Frame Agreement.

Deepsea Atlantic

The work shall commence after the completion of the current scope estimated to be in Q1 2021. The commercial terms are materially the same as for the recently announced Johan Sverdrup Phase 2 contract award.

In December 2016, Wintershall Dea Norge awarded Odfjell Drilling a 4+2+2 year platform drilling services contract on the Brage platform on the Norwegian Continental Shelf.

Wintershall Dea now has exercised both options, meaning that the contract has been extended by 4 years with effect from mid-December 2020.     

“We once again appreciate the recognition given by Wintershall Dea and its partners by awarding us a long term extension on the Brage platform. Odfjell Drilling is committed to deliver safe and quality operations, and we look forward to continue the strong collaboration with Wintershall Dea in the years to come”, says Simen Lieungh, CEO Odfjell Drilling AS.

KeyFacts Energy Industry Directory: Odfjell Drilling