Company Disclosures

ODL – More work for Deepsea Yantai

Published 07.01.2021

Odfjell Drilling and CIMC Raffles are pleased to announce that Neptune Energy
Norge has extended the contract for the Deepsea Yantai with an additional 2
wells securing that the rig is fully occupied through 2021. The extension is
made so that the rig can conduct further work in the Dugong area where Neptune
Energy successfully drilled a well with the rig during summer 2020. Neptune has,
in addition, the option to exercise a further 8 wells under the current
contract.

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

Aberdeen, United Kingdom
7 January 2021
Odfjell Drilling Ltd.

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