Odfjell Drilling Ltd is pleased to announce that further to the announcement
made 10 September 2026, regarding a Letter of Award with Vår Energi for use of
the Deepsea Bergen, that the Company has now formally signed a contract
agreement.
As previously announced, the firm scope of work included in the contract covers
a period of three years. Following the end of the firm period, Vår Energi has
four one-year priced options for use of the unit.
The work included in this contract will begin in early 2028, following
completion of the Deepsea Bergen’s existing contract. The Deepsea Bergen is now
fully booked until early 2031, with priced options which extend into early 2035.
For further queries, please contact:
James Crothers, Investor Relations Officer
+44 (0) 7495 067 684
jchu@odfjelldrilling.com
London, United Kingdom
10 November 2026
Odfjell Drilling Ltd
This information is subject to the disclosure requirements pursuant to Section
5-12 of the Norwegian Securities Trading Act.