Odfjell Technology is pleased to announce the signing of a 5.5 year firm contract with ConocoPhillips Skandinavia AS for their 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 forms a strong foundation for the Group’s ambition to grow in this market.
Kurt Meinert Fjell, EVP Operations at Odfjell Technology comments: “We are pleased to further strengthen our partnership through this contract. The agreement underlines the strong relationship between our teams and provides a strong foundation for continued innovation and value creation.”
To learn more about Odfjell Technology please visit their website and LinkedIn pages highlighted below.
www.odfjelltechnology.com
https://www.linkedin.com/company/odfjell-technology/