Equinor Taps Deepsea Aberdeen for Drilling Operations Offshore Norway

Core Insights - Equinor ASA has awarded a contract to Odfjell Drilling for the Deepsea Aberdeen drillship to operate on the Norwegian Continental Shelf [2][10] - The contract is expected to add approximately $373 million to Odfjell Drilling's firm order backlog, enhancing revenue visibility for the company [4][10] - The drilling work is anticipated to commence in the fourth quarter of 2026 and continue through the first quarter of 2029 [3][10] Company and Industry Summary - Odfjell Drilling's contract with Equinor follows a letter of intent signed in November, indicating a strong partnership between the two companies [3][10] - The Deepsea Aberdeen rig is designed for harsh weather conditions, featuring an enhanced GVA7500 design and capable of operating in water depths of 3,000 meters [5][10] - Odfjell Drilling currently has three rigs from its fleet working with Equinor, showcasing its ongoing collaboration in the energy sector [5]