Financial Ports

$518m rig deal seals Odfjell’s bet on North Sea drilling future

CLAVE 1 / 4Odfjell Drilling secures $518m contract with Vår Energi for the Deepsea Bergen rig.

CLAVE 2 / 4The three-year deal starts in early 2028, extending the rig’s backlog to the first quarter of 2031.

CLAVE 3 / 4Deepsea Bergen, a 2019-built semisub, can drill to 12,000 metres and house 180 personnel.

CLAVE 4 / 4Odfjell acquired the rig for $480m less than a year before landing the Vår Energi award.

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