- Operating revenue of USD 175 million
- EBITDA of USD 56 million
- EBIT of USD 16 million
- Net loss of USD 7 million
Odfjell Drilling reports the following highlights in/after Q1 2018:
- USD 175 million Private Placement successfully completed
- Purchase of Deepsea Nordkapp and award of drilling contract by Aker BP
- Equinor awarded contract for Platform Drilling services
- Equinor awarded letter of intent to Deepsea Atlantic
Please see the attached report for the first quarter of 2018.
For further queries, please contact:
Eirik Knudsen, Vice President Corporate Finance & Investor Relations
+47 934 59 173 / firstname.lastname@example.org
25 May 2018
Odfjell Drilling Ltd.
This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.
Following the Equality Act 2010 (Gender Pay Gap information) Regulations 2017, all UK companies with more than 250 employees will have to publish details of their gender pay gap in line with the Government’s Gender Pay Gap Reporting Requirements.
Odfjell Drilling’s business in Norway is growing as two new semisubmersibles are joining the fleet in 2019. In the next months, we will employ more than 200 operational personnel, engineers and administrative support personnel to support our growing North Sea activities.
CIMC Raffles and Odfjell Drilling have secured a drilling contract for Neptune Energy Norge by using the 6th generation harsh environment semisubmersible drilling unit “Beacon Atlantic”.
Odfjell Drilling is pleased to announce that BP will continue to use our platform drilling services on the UK continental shelf.