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The award extends the Deepsea Bergen’s firm contract backlog to Q1 2031.
Odfjell Drilling Ltd (ODFJF) reports robust Q2 2026 with revenue of $251 million and a 72% owned fleet EBITDA margin, despite a $35 million net cash impact from the Deepsea Atlantic incident.
The semisub Deepsea Mira in Walvis Bay, Namibia. (Photo Courtesy of Odfjell Drilling) There is a lot of excitement these days about off-shore oil discoveries at Namibia where a few companies gambled on luck and are cashing in. Waco economist Ray Perryman and Odessa oilman Kirk Edwards say the Southwest Africa nation next to the Atlantic Ocean now faces a promising future and the big challenges ...
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