Offshore

pipers75
25.05.2018 kl 10:55 8164

ODL: ODL - Odfjell Drilling signs drilling contract for Deepsea Atlantic and the Master Frame Agreement with Equinor

10:46
Reference is made to previous announcement of a Letter of Intent on 16 April
2018. Odfjell Drilling has today signed the drilling contract for Deepsea
Atlantic for 6 firm wells with an estimated total duration of 18 months,
scheduled to commence in early first quarter 2019. The contract contains the
option to continue operations for Equinor after the firm period, and such
options shall be based on market pricing. The contract value is estimated to USD
160 million (including some third party services, e.g. casing running services
by Odfjell Well Services) plus potential income from the contract incentive
model.

In addition, and as part of a long term co-operation with Equinor, Odfjell
Drilling also signed a Master Frame Agreement for all the drilling units in the
fleet, which will be the foundation for any future rig requirements which may be
agreed between the parties.

Simen Lieungh, CEO Odfjell Drilling:
A long term co-operation with Equinor is a key cornerstone in Odfjell
Drillings long term strategy for growth on the NCS. The Master Frame Agreement
formalizes this co-operation and allows the parties to work closer in developing
new technologies and new ways of working to achieve even more efficient
operations. The drilling contract for Deepsea Atlantic is hopefully the first of
many opportunities to be realized under the Master Frame Agreement. Odfjell
Drilling looks forward to being a key contributor to Equinors ambitious targets
for drilling on NCS.

Odfjell Drilling får milliardkontrakt av Equinor
5 minutter siden · Martin Hagh Høgseth
Saken oppdateres...
Odfjell Drilling har inngått en intensjonsavtale med Equinor for en borekontrakt for Deepsea Atlantic. Det bekrefter selskapet i en børsmelding fredag.
Avtalen er verdt 160 millioner dollar, tilsvarende 1,3 milliarder kroner.
https://aksjelive.e24.no/article/jPJXWb
Redigert 21.01.2021 kl 02:20

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