Company Disclosures

Odfjell Drilling signs contracts with Equinor on Johan Sverdrup and Breidablikk

Published 23.11.2020

Reference is made to the stock exchange notices of 7 July 2020 and 5 October
2020 in which Odfjell Drilling Ltd announced the award of letters of intent with
Equinor on Johan Sverdrup Phase 2 and Breidablikk drilling campaigns for Deepsea
Atlantic and Aberdeen, respectively. The Breidablikk drilling campaign is
subject to PDO approval.

Final contracts for both drilling campaigns have now been signed on such
conditions as disclosed in aforementioned stock exchange notices.

For further queries, please contact:
Lynne Webster, Corporate Secretary
+44 (0)7796 547889
lweb@odfjelldrilling.com

Aberdeen, United Kingdom
23 November 2020
Odfjell Drilling Ltd.

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