Odfjell Technology announced the signing of a contract with Repsol Norge AS for drilling services on Yme Inspirer. The contract services include drilling, completion, re-completion, well intervention, maintenance, engineering and future plug & abandonment work. The contract will commence Second Quarter 2024 and is a firm 5-year contract with optional periods of 2 x 3 years.

Estimated contract value is NOK 400 million for the firm period, and 1 billion including options.