Company Disclosures

ODL – Wintershall Dea exercises options on the Brage platform for platform drilling services

Published 18.12.2020

Reference is made to the announcement of 13 December 2016 whereby Wintershall
Dea Norge AS (“Wintershall Dea”) awarded Odfjell Drilling a 4+2+2 year platform
drilling services contract on the Brage platform on the Norwegian Continental

Please be advised that Wintershall Dea now has exercised both options, meaning
that the contract has been extended by 4 years with effect from mid-December

“We once again appreciate the recognition given by Wintershall Dea and its
partners by awarding us a long term extension on the Brage platform. Odfjell
Drilling is committed to deliver safe and quality operations, and we look
forward to continue the strong collaboration with Wintershall Dea in the years
to come”, says Simen Lieungh, CEO Odfjell Drilling AS.

For further queries, please contact:
Lynne Webster, Corporate Secretary
+44 (0)7796 547889

Aberdeen, United Kingdom
18 December 2020
Odfjell Drilling Ltd.

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