(Limassol, 25 June 2021) S.D. Standard Drilling Plc (Standard Drilling,
OSE:SDSD) today announces the
agreement with investment professional Espen Westeren to strengthen the
company's investment and analysis capabilities.  
  
"We´re pleased to announce the partnership with Espen Westeren. Espen has
extensive experience from our industries, brings a strong investment
track-record and will add valuable capacity within investments and analysis to
our team, " says Martin Nes, Chairman of Standard Drilling. 

Standard Drilling has entered into an agreement to partner with Espen Westeren,
currently managing his privately held Titan Ventures. Westeren has previously
served as founder and chief investment officer at Titan Capital Management, and
worked five years at Seatankers/Frontline Corporate Services. He has also
experience as a portfolio manager and analyst at HBK Investments and Martin
Currie Investments respectively, and holds a MPhil Economics from the University
of Cambridge.

Espen Westeren will start immediately and work closely with the new Head of
Investment, Espen Fjermestad, which will join Standard Drilling in August 2021.


ENDS

For additional information, please contact: 
General Manager, Evangelia Panagide at +357 99 77 11 16  
Chairman of the Board, Martin Nes at +47 92 01 48 14

Standard Drilling|www.standard-drilling.com
S.D. Standard Drilling was founded in 2010. In addition to a 33.3% ownership of
a VLCC, the company currently has 100% ownership interest in four large-size
Platform Supply Vessels (PSVs), indirect ownership interest in six mid-size PSVs
and a share portfolio. S.D. Standard Drilling is headquartered in Cyprus and is
listed on Oslo Stock Exchange with the ticker code SDSD.

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