Equinor has exercised further work for the Deepsea Stavanger under the continued optionality mechanism provided for in the contract entered into by the parties inMay 2021 . Following this addition the Deepsea Stavanger now has six (6) remaining wells to be drilled which are expected to occupy the rig into late Q4 2022.Equinor has the opportunity to exercise further wells under the continued optionality mechanism. The day rate is similar to the current contract and a notable performance incentive rate in addition shall apply when wells are delivered safely and ahead of target. Integrated services are provided through the contract and compensated separately. For further information, please contact:Gillian Basson , Corporate Secretary E-mail: gbas@odfjelldrilling.com Mobile: +44 7796 547 889Aberdeen, United Kingdom 21 March 2022 Odfjell Drilling Ltd.
Click here for more information
© Oslo Bors ASA, source