Company Disclosures

New Contract Win for Deepsea Yantai

Published 31.05.2023

Odfjell Drilling AS (“Odfjell Drilling”) is pleased to announce that on behalf
of CIMC OFFSHORE AS, the Company has agreed a contract with ConocoPhillips
Skandinavia AS for the use of the drilling rig Deepsea Yantai.

The contract includes the drilling of one firm well, in PL 891 in the Norwegian
Sea, with the option to drill two further wells. The firm scope of work is
estimated to take 72 days and will commence in Q3 2024.

As a result of the signing of this contract, the firm backlog for the Deepsea
Yantai is expected to now extend into Q4 2024.


For further queries, please contact:
James Crothers, Investor Relations Officer
+44 (0) 7393 766 446
London, United Kingdom
31 May 2023
Odfjell Drilling Ltd

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