Odfjell Drilling Ltd , ("Odfjell Drilling ") is pleased to note thatEquinor Energy AS ("Equinor ") has exercised its priced options for the Deepsea Atlantic to drill five additional wells on the Johan Sverdrup Phase 2 development under the contract entered into by the parties on23.11.2020 . The five wells are anticipated to take approximately 190 days with an approximate value ofUSD 64M and extends the Deepsea Atlantic's firm backlog into Q1 2024. For further queries, please contact:James Crothers , Investor Relations Officer +44(0)7393 766 446 jchu@odfjelldrilling.comLondon, United Kingdom 28 November 2022 Odfjell Drilling Ltd
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