Press releases

NOL: The Northern Ocean fleet is renamed

March 10, 2022 – Hamilton, Bermuda

Northern Ocean Ltd (“NOL” or the “Company”) announces that the names of the Company’s rigs will be changed to Deepsea Mira and Deepsea Bollsta.

The Company recently entered into operational and marketing agreements with Odfjell Drilling AS (“Odfjell”), and the name change reflects the close relationship with our new partner and a reintroduction of the fleet under new management.

“We are very pleased to begin this next chapter with a premier driller like Odfjell. We look forward to working closely with Odfjell and the E&P companies as we build a new safe performance track record on the Northern Ocean fleet,” says Scott McReaken, CEO of NOL.

 

Additional information about the Company can be found at: www.northernocean.no

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Forward Looking Statements

Matters discussed in this release may contain certain forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which it operates, sometimes identified by the words “believes”, “expects”, “intends”, “plans”, “estimates” and similar expressions. The forward-looking statements contained in this release, including assumptions, opinions and views of the Company or cited from third-party sources, are solely opinions and forecasts which are subject to risks, uncertainties and other factors that may cause actual events to differ materially from any anticipated development. The Company does not provide any assurance that that the assumptions underlying such forward-looking statements are free from errors, nor does the Company accept any responsibility for the future accuracy of the opinions expressed in the presentation or the actual occurrence of the forecasted developments. No obligations are assumed to update any forward-looking statements or to conform to these forward-looking statements to actual results.