Oslo-listed semisub player Odfjell Drilling has turned a letter of intent into a contract with Norwegian major Equinor for the use of the 2014-built Deepsea Aberdeen.
The letter of intent for the rig was awarded last month. At the time, the client was left undisclosed.Equinor will use the unit to drill an unspecified scope in an interim period on the Norwegian Continental Shelf, before moving to the Fram Sør project, offshore Norway.
The work will begin in the fourth quarter of 2026, in direct continuation of Deepsea Aberdeen’s current contract with Equinor and is estimated to continue to the first quarter of 2029.
The contract adds approximately $373m of firm order backlog, excluding integrated services, performance bonuses and fuel incentives as well as yearly escalation increases.
