Odfjell Technology , a leading provider of drilling and well services, has secured an important contract withCOSL Drilling Europe AS . The fixed part of the contract, valued at approximately160 million NOK , encompasses Tubular Running Services has a duration of three years, with the option for two additional one-year periods. The agreement between Odfjell Well Services Norway AS andCOSL Drilling Europe AS underscores the confidence placed inOdfjell Technology's expertise and capability within the industry. Under the terms of the contract,Odfjell Technology will provide comprehensive Tubular Running Services, ensuring the smooth and efficient operation ofCOSL Drilling Europe AS's offshore drilling activities. "We are pleased to announce this significant contract withCOSL Drilling Europe AS ," saidElisabeth Haram , EVP of Well Services. "This contract further strengthens our long-standing relationship with COSL and demonstrates their trust inOdfjell Technology's ability to deliver high-quality services. We look forward to leveraging our expertise and capabilities to supportCOSL Drilling Europe AS's operations over the coming years." For further information, please contact:Gillian Basson , Corporate Secretary +44 (0) 7796 547 889 gbas@odfjelltechnology.comAberdeen, United Kingdom Gert Haugland , SVP Finance &Investor Relations +47 92661638 gjha@odfjelltechnology.com14 May 2024 Odfjell Technology Ltd
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