Odfjell Technology awarded long term contract
Norway, April 16 -- Odfjell Technology (the "Company") is pleased to announce the signing of a 5.5 (five and a half) year firm contract with ConocoPhillips Skandinavia AS (the "Client") for our integrated services in the North Sea. The firm period of the contract has been agreed until 31 December 2031 and represents a material increase to the Group's firm backlog. In addition, the new agreement includes two options, each with a duration up to five years. The contract covers the provision of platform drilling operations and maintenance services, tubular running services, well engineering, and well planning in Norway.The contract also covers options for the provision of downhole equipment and Permanent Plug & Abandonment (PP&A) execution and ...
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