Odfjell Drilling has announced that Aker BP has exercised the second one-year option for 2019-built semi-submersible rig Deepsea Nordkapp.
The option, which is under a contract entered into between the two companies in April 2018, will commence after expiry of the first optional period in June 2022.
Odfjell says the contract value is around $109m excluding any integrated services, with a performance bonus also applicable. Additionally, a further one-year option has been added to the deal.
Simen Lieungh, CEO of Odfjell Drilling, commented: “We are very pleased to see Aker BP’s continued commitment to the alliance agreement between the parties. The alliance has delivered exceptional performance on Deepsea Nordkapp and we see this extension a recognition of those good results. With the addition of a further option period we look forward to continuing the alliance into the future. ”
Odfjell also announced that Equinor has exercised a one-well option for 2009-built semi-submersible rig Deepsea Atlantic.