Company Disclosures

OTL: Odfjell Technology Secures New TRS Contract

Published 14.03.2025

Odfjell Technology has signed a new contract with ConocoPhillips Skandinavia AS
(ConocoPhillips) for the provision of Tubular Running Services (TRS). The
contract has a firm duration of 3 years, with options for an additional 3+3
years.

This contract builds on the strong and long-standing partnership between Odfjell
Technology and ConocoPhillips, focusing on the delivery of safe and efficient
TRS services on the Norwegian Continental Shelf.

“We greatly value our continued strong cooperation and look forward to
continuing to deliver high quality TRS services as part of this agreement,” says
Elisabeth Haram, EVP Well Services at Odfjell Technology.

The new contract will provide continuity and predictability for both parties,
underscoring their shared commitment to quality, safety, and efficiency in every
aspect of their operations.

For further information, please contact:
Gillian Basson
Corporate Secretary
+44 (0) 7796 547 889
gbas@odfjelltechnology.com
Aberdeen, United Kingdom

or

Gert Haugland
SVP Finance & Investor Relations
+47 92661638
gjha@odfjelltechnology.com

14 March 2025
Odfjell Technology Ltd

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