Odfjell Drilling gets contract extension for Deepsea Atlantic from Equinor

Odfjell Drilling said that Equinor Energy has exercised its priced options for the Deepsea Atlantic rig for drilling five more wells on the Johan Sverdrup phase 2 project under the contract signed by the firms in November 2020.

According to the Scottish engineering services company, the five wells are expected to take nearly 190 days.

The extended contract is worth around $64 million and stretches the firm backlog of the Deepsea Atlantic rig into Q1 2024.