Odfjell Drilling wins Vår Energi LOA for Deepsea Bergen, valued at USD 518 million

Reuters2026/09/10 05:01

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Odfjell Drilling received a letter of award from Vår Energi for the Deepsea Bergen, covering a three-year drilling program.
Work set to start in early 2028, following completion of the rig’s current contract.
Estimated firm contract value of USD 518 million, including mobilization fees, excluding escalation and performance-related items.
The award extends the Deepsea Bergen’s firm backlog through Q1 2031.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Odfjell Drilling Ltd. published the original content used to generate this news brief on September 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Odfjell Drilling wins Vår Energi LOA for Deepsea Bergen, valued at USD 518 million

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