Odfjell Drilling gets contract extension for Deepsea Atlantic from Equinor

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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.

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

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