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Odfjell Drilling Ltd : Deepsea Bergen signs a one well contract with OMV


Reference is made to the stock exchange notice of 15 March 2017 whereby Odfjell Drilling announced a letter of intent for its semi-submersible Deepsea Bergen.

Odfjell Drilling is pleased to announce that we today have signed the firm contract with OMV (Norge) AS for one firm "high pressure high temperature"-well ("HPHT-well") in PL 644 plus options for two additional HPHT-wells on the Norwegian Continental Shelf. The contract commencement is scheduled to Q1 2018 and has an expected duration of approx. 100 days (excluding options).

For further queries, please contact:
Eirik Knudsen, VP Corporate Finance & Investor Relations
+47 934 59 173

Hamilton, Bermuda
21 April 2017
Odfjell Drilling Ltd.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.