Odfjell Drilling has signed a firm three-year Deepsea Bergen contract with Vår Energi, securing work for the semi-submersible from early 2028 through early 2031. In a 10 November disclosure, the company said the programme will start once the rig completes its current assignment.
When the fixed three-year term ends, Vår Energi may exercise four one-year priced options. If all are taken up, the contract could keep the rig employed into early 2035.
The 10 November notice did not disclose a new contract value. In its September letter-of-award announcement, Odfjell Drilling estimated the firm backlog at $518 million. The estimate included mobilisation fees but excluded annual escalation, integrated services, performance bonuses and fuel incentives.
Built in 2019, Deepsea Bergen is a CS 60 E semi-submersible configured for harsh-environment operations. Odfjell Drilling lists a drilling depth capacity of 12,000 metres and accommodation for 180 people. The rig also has SCR-equipped power units and is set up for closed-bus operations. The signed contract announcement confirms the three-year term and option structure.
