Odfjell wins Contract extension for Deepsea Yantai work

Odfjell Drilling and CIMC Raffles are pleased to announce that Neptune Energy Norge has extended the contract for the Deepsea Yantai with an additional 2 wells securing that the rig is fully occupied through 2021.

The extension is made so that the rig can conduct further work in the Dugong area where Neptune Energy successfully drilled a well with the rig during summer 2020. Neptune has, in addition, the option to exercise a further 8 wells under the current contract.

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