The Deepsea Atlantic contract with odfjell Drilling Ltd, has been extended by Equinor Energy As until the end of second quarter, 2027.Operations by Deepsea Atlantic will continue under terms prior agreed to, until mid third quarter 2026.
The unit will continue with Equinor till the end of second quarter 2027, after this.
The contract includes additional optional periods, consisting of four priced one-well options and three further optional periods of approximately one year each.
The rates for each period will be mutually agreed upon before being exercised. If these options are exercised, the Deepsea Atlantic could remain under contract until 2030.
