Fossil Energy – Drilling
Odfjell Drilling will be taking over management of the harsh environment drilling rig West Linus and expanding her operations with ConocoPhillips.
The agreement is based on terms and conditions customary for this type of agreements.
The rig is employed on a long-term drilling contract with ConocoPhillips Scandinavia in the North Sea until the fourth quarter of 2028.
Odfjell Drilling will take over as manager of the rig as soon as regulatory approvals such as change of duty holder under the Acknowledgement of Compliance is approved by Norwegian authorities.
Odfjell Drilling expects this to be in place no later than 1 October 2022.