Odfjell Drilling has been awarded a contract with Norsk Hydro as operator on behalf of several licenses for the utilization of the semi-submersible drilling unit "Deepsea Trym" for development drilling and exploration on the NCS.
The contract is scheduled to commence in 1.quarter 2005. The contract length is 12 months with 6 x 6 months options.
The contract value without options is approximately NOK 400 million.
Contact for further information: Ketil Lenning - CEO, Phone: +47 55 998900 / Mobile: +47 91190811