Odfjell secures more wells for two rigs offshore Norway

May 5, 2023
Deepsea Aberdeen, Deepsea Atlantic and Deepsea Stavanger have all been working for Equinor on the Breidablikk and Johan Sverdrup Phase 2 developments in the North Sea and various exploration programs.

Offshore staff

ABERDEEN, UK  Equinor has added more wells to the firm contract scope for Odfjell Drilling’s Deepsea Aberdeen semisub, originally agreed in November 2020.

The new wells, to be drilled on the Svalin Field in the Norwegian sector from fourth-quarter 2023, will have an estimated duration of 174 days, extending the rig’s firm backlog into second-quarter 2025. Estimated value of the added firm scope is $67 million, excluding integrated services, performance and fuel performance incentives.

Equinor has exercised further wells for Odfjell’s Deepsea Stavanger semisub, as provided for in a contract awarded in May 2021. The rig’s firm backlog now stretches into first-quarter 2024.

An added performance incentive rate will apply when wells are delivered safely and ahead of target.

According to Odfjell’s latest results statement, Deepsea Aberdeen, Deepsea Atlantic and Deepsea Stavanger have all been working for Equinor on the Breidablikk and Johan Sverdrup Phase 2 developments in the North Sea and various exploration programs.

Deepsea Nordkapp has been drilling the Alvheim area development in the North Sea for Aker BP.  Deepsea Bollsta has been on contract to Shell offshore Namibia, while the Odfjell-operated Deepsea Yantai worked for OMV in February and March.

Although Deepsea Mira had been off-duty quay side, it has since mobilized for operations with TotalEnergies for a multi-country contract off West Africa.

05.05.2023