Kjetil Gjersdal, Chief Executive Officer of Odfjell Drilling AS commented:
"In 2025, Odfjell Drilling completed its SPS program, expanded its fleet,
completed a major refinancing, secured new contracts, and beat operational and
financial records quarter after quarter. To say we have had a busy year would be
an understatement. I am proud of what we achieved last year, yet we can't allow
ourselves to become complacent. We will continue to push ourselves to maintain
our leading position in the harsh environment market.
"The acquisition of Deepsea Bollsta was a standout moment for the Group. The
deal added a fantastic unit with good backlog, limited capex requirements and
low operational risk, whilst further cementing our market position in Norway.
"2025 was a great year for our business and we are excited about what lies
ahead.
Q4 Highlights:
SUCCESSFULLY COMPLETED RIG ACQUISITION AND REFINANCING
o Purchased Deepsea Bollsta for USD 480 million