Company Disclosures

New Contract Win for Deepsea Yantai

Published 01.06.2023

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

The contract includes the drilling of one firm well, in PL 1182 in the North
Sea. The firm scope of work is estimated to take 35 days and will commence in
early Q3 2024.

Ends

For further queries, please contact:
James Crothers, Investor Relations Officer
+44 (0) 7393 766 446
jchu@odfjelldrilling.com
London, United Kingdom
01 June 2023
Odfjell Drilling Ltd

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