Equinor exercises options for Odfjell Drilling semisubmersible on Johan Sverdrup

Equinor has exercised its priced options for Odfjell Drilling’s Deepsea Atlantic semisubmersible to drill five additional wells on the Johan Sverdrup Phase 2 development as part fo a contract that began in November 2020.

The five wells are anticipated to take approximately 190 days with an approximate value of $64 million and extends the Deepsea Atlantic’s firm backlog into Q1 2024.