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Drilling company loses contract with BP ahead of schedule

Oil company BP cancels a long-term contract with one of Odfjell Drilling's rigs ahead of schedule. The drilling company has, however, already secured new work for the rig in Norway.

Photo: Odfjell Drilling

Norwegian drilling company Odfjell Drilling has lost a long-term contract with oil company BP ahead of time.

The large British oil company – more specifically BP Exploration Operating Company – has decided to annul its contract for rig Deepsea Aberdeen, which was otherwise not set to expire until April 2022.

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