On March 20th at 00:00 hrs. Deepsea Stavanger could start its contract and prepare to spud its first well on the Maria field, this was according to the earliest commencement date in the contract. The milestone has been reached throughout a tremendous effort by the onshore and offshore teams that have been involved in the project phase during the last year.
Deepsea Stavanger left CCB on March 1st according to plan and has carried out “inshore testing” prior to start sailing to location on Wednesday March 15th.
Some final DP tests were performed during Sunday 19th, and the rig was accepted by Wintershall for startup of operations late Sunday evening.
Odfjell Drilling has been awarded a platform drilling contract with EnQuest for drilling and maintenance on the Magnus platform on the UK continental shelf. The contract includes three firm wells plus two optional wells, and is expected to commence November 1st 2017.
The shareholders of Robotic Drilling Systems AS (“RDS”) have today entered into an agreement to sell all shares in RDS to Nabors Industries (“Nabors”). Odfjell Drilling holds, through its fully owned subsidiary Odfjell Drilling Technology Ltd, approximately 37% of the shares in RDS.
On 10 August 2017, Odfjell Drilling signed a contract with Aker BP ASA for Deepsea Stavanger (6th generation semi-submersible) for a period of approximately 9 months with commencement in February 2018 and completion around October 2018.
Odfjell Rig II Ltd., a subsidiary of Odfjell Drilling Ltd. and rig owner of Deepsea Bergen, has today received a firm offer from its bank syndicate to amend and extend its senior secured term loan facility.