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Odfjell Drilling has been awarded a drilling contract for Deepsea Delta.

Odfjell Drilling has been awarded a contract with Norsk Hydro Produksjon a.s as operator on behalf of several licences for the utilization of the semisubmersible drilling unit "Deepsea Delta" for the drilling of an exploration well, a sidetrack in the Vale field and development drilling of the "Vestflanken" project in the Oseberg field on the NCS.

The contract which is scheduled to commence in 3. quarter 2004 will consist of a well program of approximately 18 months duration and may be extended with 6 options of 6 months.

The contract award is made subject to approval by the owners of the licenses.

The contract value without options is approximately NOK 600 million.

Contact for further information:
Ketil Lenning - CEO,
Phone: +47 55 998900 / Mobile: +47 91190811


Published: 08.03.2005
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