Odfjell Drilling announced that, further to the announcement on 16 November 2025, the contract provided for in the Letter of Intent for use of the Deepsea Aberdeen has now been signed with Equinor for use of the unit to drill an unspecified scope in an interim period on the Norwegian Continental Shelf, before moving to the Fram Sør project, offshore Norway.
As announced, the work will begin in Q4 2026, in direct continuation of Deepsea Aberdeen’s current contract with Equinor and is estimated to continue to Q1 2029. The contract adds approximately USD 373 million of firm order backlog, excluding integrated services, performance bonuses and fuel incentives as well as yearly escalation increases.
Kjetil Gjersdal, Chief Executive Officer of Odfjell Drilling AS commented:
“We are very pleased to have secured another contract with Equinor, with whom we now have three rigs working. In addition, we are excited to be involved
source: cyprusshippingnews.com
