Company Disclosures

ODL – Secures platform drilling contract for ConocoPhillips on the Greater Ekofisk Area

Published 18.12.2019

Odfjell Drilling is pleased to announce that we have been awarded the contract
for Platform Drilling and Maintenance and Minor Modifications for ConocoPhillips
Skandinavia AS.

The contract work includes drilling operations, work-over campaigns, P&A
activities and all preventative and corrective maintenance of ConocoPhillips’
drilling facilities on three offshore platforms in the Greater Ekofisk Area.

The contract period is for five years, with an option to extend two times, each
time by up to three years. The contract start date is estimated to the beginning
of Q3 2020.

For further queries, please contact:
Eirik Knudsen, VP Corporate Finance & Investor Relations
+47 934 59 173
eikn@odfjelldrilling.com

Aberdeen, United Kingdom
18 December 2019
Odfjell Drilling Ltd

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