The contracts awarded Odfjell Drilling have a total value of approx. NOK 1.650 bill. over a fixed period of 4 years. Further these contracts have 3 optional periods of 2 years each so that the total duration can be up to 10 years.
Odfjell Drilling's platform contract on the Visund-field is hereby extended and in addition the company will have an increase in employment of approx. 300 persons for the operation of Snorre A, B and Heidrun.
CEO in Odfjell Drilling, Ketil Lenning, is commenting: "Both the employees and the management of Odfjell Drilling are extremely pleased as these contracts confirms Odfjell Drilling's position as a leading contractor within platform drilling in the North Sea".
Odfjell Drilling has a turnover of approx. NOK 2 bill./year with approx. 1650 employees with business units for mobile drilling rigs, platform drilling, engineering and services for the North Sea oil industry.
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