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Trade & Logistics

10 November 2026

Odfjell Drilling seals $518m semisub deal

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Source reporting: Splash247

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Odfjell Drilling seals $518m semisub deal

Norwegian offshore rig owner Odfjell Drilling has formally signed a three-year contract with Vår Energi for its harsh-environment semisubmersible Deepsea Bergen, worth an estimated $518m. The agreement follows a letter of award announced in September this year and will see the rig begin work for the Norwegian operator in early 2028, after completing its existing …

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