Odfjell Technology (UK) Ltd is pleased to announce that a major North Sea
Operator has signed a Letter of Intent to exercise its remaining two-year option
under the contract for the provision of comprehensive drilling services on a
North Sea platform. In addition, the operator has extended the contract with an
additional two-year option.
The scope of services includes managing operations, maintenance and repairs for
both the main rig drilling facility and an intervention completion unit.
Odfjell Technology has supported this asset under the contract since 2019, and
this remains one of the largest integrated operations we perform. With the
exercise of this option, the firm period of the contract is extended to November
2028, with a further two-year option included after that.
Kurt Meinert Fjell, EVP Operations in Odfjell Technology commented:
“We are very pleased to continue this contract and build on the excellent work
delivered over the past seven years. We look forward to continuing to deliver
safe, efficient, and high-performing operations together with our client.”
For further queries, please contact:
Gillian Basson, Corporate Secretary
+44 (0) 7796 547 889
gbas@odfjelltechnology.com
or
Gert Haugland
SVP Finance & Investor Relations
+47 926 61 638
gjha@odfjelltechnology.com
Aberdeen, United Kingdom
18 June 2026
Odfjell Technology Ltd
This information is subject of the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.