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Odfjell Drilling Ltd. reports for the second quarter of 2018

29.08.2018

Odfjell Drilling Ltd. reports for the second quarter of 2018

- Operating revenue of USD 175 million
- EBITDA of USD 66 million
- EBIT of USD 26 million
- Net profit of USD 7 million


Odfjell Drilling reports the following highlights in/after Q2 2018:

- Successful private placement
- Purchase of Deepsea Nordkapp and award of drilling contract by Aker BP
- Secured financing of Deepsea Nordkapp
- Equinor awarded contract for Platform Drilling services
- Equinor awarded drilling contract to Deepsea Atlantic and Master Frame Agreement to Odfjell Drilling
- OMV excercised option on Deepsea Bergen
   
Please see the attached report for the second quarter of 2018.

For further queries, please contact:


Investor Relations:
Eirik Knudsen, Vice President Corporate Finance & Investor Relations
+47 934 59 173 / eikn@odfjelldrilling.com

Hamilton, Bermuda
29 August 2018
Odfjell Drilling Ltd.


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

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