The Odfjell Drilling rig remains with the Norwegian oil and gas company for another year


Odfjell Drilling, a 53-year-old offshore drilling company, has won a contract extension with Norwegian oil and gas company Aker BP for a semi-submersible platform built in 2019, which operates on the Norwegian Continental Shelf (NCS).

Deepsea North Cape platform; Source: Odfjell drilling
Deepsea North Cape platform; Source: Odfjell drilling

Odfjell Drilling has received signed confirmation from Aker BP for the extension of the work period Deep Sea North Cape The drilling company’s contract period is one year. The unit was previously called Stena Midmax.

As a result, the contract backlog for the semi-submersible has been extended until the end of 2028, after which the Norwegian operator reserves further options.

The run rate applicable to the extension will be determined by the end of 2026, using a rate that reflects market prices and is determined by two independent drilling brokers.

Ketil GirsdahlCEO of Odfjell Drilling commented: “This extension is a testament to the continued world-class performance of Deepsea Nordkapp and its crew and expands our commitment to the quasi-alliance we have with Aker BP.

“Deepsea Nordkapp has worked continuously with Aker-BP since the handover in 2019 and we are pleased to further secure this relationship until at least 2028.”

Odfjell Drilling was among the three offshore drilling contractors to do so I got the drilling and well alliance deals With Aker BP in January 2023 for drilling activities at NCS.

The platform deal, which was originally expected to be completed at the end of 2024, was the first For long periods To run for another two years, followed Add another 12 months last year.

The 2019-built Deepsea Nordkapp platform is a dynamically located, 6th generation harsh environment, winter semi-submersible with an algae-enhanced CS 60E design.

The platform owner expanded its fleet last year when complete the Deep Sea Paulsta acquisitionrenaming the unit to Deep Sea Bergen.

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