10 December 2022 – Hamilton, Bermuda
Northern Ocean Ltd (“NOL”) is pleased to announce that its high specification semisubmersible drilling rig, Deepsea Bollsta, has safely completed the transit to Namibia and commenced its contract with Shell Upstream Namibia BV, a subsidiary of Shell Plc. (“Shell”).
The contract has a firm duration of twelve months and an option to extend for six months. Odfjell Drilling AS (“Odfjell”) successfully prepared the rig for the contract and provides operations management during the term of this contract.
“We commend the crews and the management of Odfjell, as they delivered this project and transit on-time, within budget and most importantly, without incident. We look forward to delivering more significant milestones for Shell as we embark on this drilling campaign, and expect to continue strengthening the relationship with the manager and the client,” says Scott McReaken, CEO of NOL.