Company Disclosures

ODL – Aker BP awards work to Deepsea Stavanger upon return from South Africa

Published 22.09.2020

Aker BP and Odfjell Drilling have signed a contract that commits further work to
Deepsea Stavanger under the existing Frame Agreement. The initial contract scope
is five wells and has an estimated contract value of up to USD 44 million plus
incentives. The contract is set to commence latest by end of Q3 2021,
back-to-back with Deepsea Stavanger’s return from South Africa.

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

Aberdeen, United Kingdom
22 September 2020
Odfjell Drilling Ltd.

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