Odfjell Snags LOI for NOK 60M Ekofisk Contract

Odfjell Well Services has through its company Odfjell Casing Services AS, Norway, received a Letter of Intent with the operator of the Ekofisk field for casing and tubing running and pulling services for fixed drilling platforms at the greater Ekofisk area.

The contract has a fixed duration of minimum three years and in addition two options with duration of two years each. The contract value based on the fixed period is approximately NOK 60 million.

"Odfjell Well Services are pleased to be awarded this long term contract. Ekofisk is one of OWS' most important areas and this contract extends the long term relationship. This Letter of Intent confirms Odfjell Well Services position as a leading contractor," said EVP in Odfjell Well Services Oyvind Rohn.