Odfjell Drilling, Lundin Energy exercise option for Deepsea Stavanger

Odfjell Drilling has agreed with Lundin Energy on a contract option for the Deepsea Stavanger semisubmersible on a well on the Norwegian Continental Shelf (NCS).

The option was exercised as part of a contract entered between the two companies in March 2021. The well will commence in January 2022 and will be completed prior to the commencement of the rig’s contract with Equinor on the NCS in Q1 2022.