Offshore

Odfjell Technology Wins Magnus Drilling Deal

Odfjell Technology has won a three-year platform drilling contract from EnQuest for the Magnus platform in the UK North Sea, starting in Q3 2026.

Illustration only (Source: Odfjell Technology)

11, May 2026
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Odfjell Technology has been awarded a platform drilling contract by EnQuest for the Magnus platform in the UK North Sea.

The contract is set to start in the third quarter of 2026 and will run for three years. It also includes two separate one-year extension options.

Odfjell Technology had previously carried out platform drilling work on Magnus in 2018. Kurt Meinert Fjell, executive vice president of operations, said the company was pleased to return to the platform.

The Magnus field is located around 160 km northeast of Shetland in the Northern North Sea. The installation combines drilling and production functions, with well fluids treated through two processing trains.

The platform’s design capacity allows peak continuous throughput of 85,400 bpd of crude oil, gas export of up to 110 mmscfd, and produced water handling of up to 240,000 bpd.

Oil from Magnus is exported to Ninian Central and then moved to the Sullom Voe Terminal. Gas is exported to the St Fergus Terminal.

Tags: EnQuest, Magnus Platform, North Sea, Odfjell Technology, offshore operations, Platform Drilling

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.

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