On 19 December 2025, Odfjell Drilling Ltd. confirmed it has signed a drilling contract with Equinor covering the use of Deepsea Aberdeen, following a Letter of Intent announced on 16 November 2025.
Under the agreement, Deepsea Aberdeen will drill an unspecified scope during an interim period on the Norwegian Continental Shelf before moving to the Fram Sør project, offshore Norway.
The work will begin in Q4 2026, in direct continuation of Deepsea Aberdeen’s current contract with Equinor, and is estimated to continue to Q1 2029.
The contract adds about $373 million of firm order backlog, excluding integrated services, performance bonuses, fuel incentives and yearly escalation increases.
Kjetil Gjersdal, Chief Executive Officer of Odfjell Drilling AS, said the company has three rigs working with Equinor and noted its involvement in drilling the Fram Sør.