Odfjell Drilling Ltd. announced that Equinor 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 on November 23, 2020. The five wells are anticipated to take approximately 190 days with an approximate value of USD 64 million and extends the Deepsea Atlantic's firm backlog into first quarter of 2024.