UK's Odfjell Technology Secures Two-Year Extension for North Sea Platform Drilling Services Contract

en.Wedoany.com Reported - Energy service company Odfjell Technology recently confirmed that a major North Sea operator has signed a letter of intent to exercise the remaining two-year option under an existing integrated drilling services contract, extending the fixed term of the contract to November 2028, with an additional two-year extension option. The contract scope covers integrated drilling services including the operation, maintenance, and repair of the main rig drilling facilities and intervention workover units..

Odfjell Technology has been providing drilling operations support for this platform since 2019, and this contract extension further consolidates the long-term cooperation between the two parties. Kurt Meinert Fjell, Executive Vice President of Operations at Odfjell Technology, stated: "We are very pleased to continue this contract and build on the excellent work delivered over the past seven years. We look forward to continuing to deliver safe, efficient, and high-standard operations together with our customer."

This extension of the integrated drilling services contract marks significant progress in Odfjell Technology's ongoing business expansion in the North Sea region. The company was spun off from Odfjell Drilling in 2022, focusing on offshore operations, well service technology, and engineering solutions, covering fixed and floating production drilling platforms on the Norwegian and UK continental shelves. Previously, in September 2025, Odfjell Technology had secured a one-year extension of a framework agreement with the same operator, covering drilling operations, well abandonment, and maintenance services.

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