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Odfjell Drilling Secures Contract Extension with Aker BP

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Odfjell Drilling Secures Contract Extension with Aker BP

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Odfjell Drilling Ltd. ( (DE:OD3) ) has shared an update.

Odfjell Drilling Ltd. has secured a one-year extension for its contract with Aker BP ASA for the use of the Deepsea Nordkapp, extending its contract backlog to the end of 2027. This extension reflects the ongoing collaboration between the two companies and positions Odfjell Drilling to continue its operations with Aker BP, potentially enhancing its market position and stability in the offshore drilling sector.

More about Odfjell Drilling Ltd.

Odfjell Drilling Ltd. operates in the oil and gas industry, providing drilling services with a focus on offshore drilling rigs. The company is known for its advanced drilling units and has a significant presence in the North Sea region.

Average Trading Volume: 297,956

Current Market Cap: NOK18.56B

See more insights into OD3 stock on TipRanks’ Stock Analysis page.

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