EuropeOffshore

Odfjell semi-submersible rig awarded five-year deal by Aker BP

Odfjell Drilling’s 2010-built semi-submersible rig Deepsea Stavanger has been awarded a five-year firm contract with Aker BP.

The rig has been contracted for drilling programs commencing early 2025, with the day rates market based within a pre-agreed range and adjusted for inflation. The base contract is worth between $620m and $730m, and Aker BP will also pay additional performance and fuel savings incentive bonuses.

Kjetil Gjersdal, CEO of Odfjell Drilling, commented: “This long term contract confirms our strong relationship with Aker BP. I am confident that Deepsea Stavanger is the right rig to deliver on the high environmental and operational ambitions on the major field development projects Aker BP is planning to execute.”

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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