Odfjell Drilling wins two Statoil contracts for Johan Sverdrup

Odfjell Drilling wins two Statoil contracts for Johan Sverdrup

Oslo: Odfjell Drilling has announced that it has been awarded two contracts by Statoil for drilling services in the Johan Sverdrup field.

The company has been awarded a four-year contract to provide platform drilling services on the Johan Sverdrup drilling platform, while its semi-submersible Deepsea Atlantic has been given a three-year contract for drilling production wells.

The platform drilling services contract, starting in the fourth quarter of 2018, includes assistance during the engineering, construction and commissioning phase of the field development project. The four-year contract includes 6 additional one year options. The contract is valued around $240m including pre-drilling assistance and the optional periods.

The three-year contract starting March 2016 for the semisubmersible, Deepsea Atlantic, includes 6 additional 6 month options and is valued around $330m, with the options valued up to a total of between $370m and $470m.

“These two contracts represent the recognition of Odfjell Drilling’s ability to provide both mobile drilling and platform drillings services to one of the most prestigious offshore field development projects in the world. We appreciate the trust Statoil and its partners show us, and I can assure that all people in Odfjell Drilling will demonstrate the company’s firm commitment to the successful development and production drilling of Johan Sverdrup,” commented Odfjell Drilling CEO Simen Lieungh.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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