Odfjell Technology has announced a letter of award for the provision of a Mobile Workover Unit in Southeast Asia from a major international operating company. The contract is expected to commence in the middle of the 2nd Quarter of 2025 and has an estimated firm duration of twenty-four months. The contract adds approximately USD 64 million of firm revenue backlog to the Company.
Odfjell Technology will immediately begin mobilisation preparations and looks forward to working with the operator to meet contract expectations safely and efficiently.
'This contract is in line with our growth strategy and will be an important addition to our activity in Southeast Asia' says EVP Kurt Meinert Fjell.
Source: Odfjell Technology
