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Odfjell Drilling Scores Extra $20 Million From Equinor Extension
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Equinor Adds Another Well to Deepsea Stavanger Rig
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Norway: Equinor adds additional well to Deepsea Stavanger contract
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Norway: Odfjell Drilling receives more work for Deepsea Atlantic from Equinor
10 May 2021
Equinor has exercised one additional well to the
Deepsea Atlantic contract. The well has been exercised under the Continued Optionality mechanism in the contract entered into between the parties in May 2018, as part of the overall Master Frame Agreement.
The work shall commence after the completion of the current scope estimated to be in Q3 2021. The commercial terms are materially similar to the Deepsea Atlantic’s Johan Sverdrup Phase 2 contract
which is expected to commence early Q1 2022.
Odfjell Drilling receives more work for Deepsea Atlantic from Equinor
Photo: The Deepsea Atlantic drilling rig. (Source: Marit Hommedal / Equinor ASA)
Odfjell Drilling : One additional well to Deepsea Atlantic
édité le 10/05/2021 - Plus de news de Odfjell Drilling - Voir la fiche entreprise de Odfjell Drilling
Please be advised that Equinor has exercised one additional well to the Deepsea Atlantic contract. The well has been exercised under the Continued Optionality mechanism in the contract entered into between the parties in May 2018, as part of the overall Master Frame Agreement.
The work shall commence after the completion of the current scope estimated to be in Q3 2021. The commercial terms are materially similar to the Deepsea Atlantics Johan Sverdrup Phase 2 contract which is expected to commence early Q1 2022.