Odfjell Drilling AS (“Odfjell Drilling”) announce that on behalf of CIMC OFFSHORE AS, the Company has agreed a contract with ConocoPhillips Skandinavia AS for the use of the drilling rig Deepsea Yantai.
The contract includes the drilling of one firm well, in PL 891 in the Norwegian Sea, with the option to drill two further wells. The firm scope of work is estimated to take 72 days and will commence in Q3 2024.
As a result of the signing of this contract, the firm backlog for the Deepsea Yantai is expected to now extend into Q4 2024.
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