Tisdag 6 Maj | 15:08:47 Europe / Stockholm

Kalender

Est. tid*
2026-02-25 07:40 Bokslutskommuniké 2025
2025-11-19 07:40 Kvartalsrapport 2025-Q3
2025-08-28 07:40 Kvartalsrapport 2025-Q2
2025-05-28 07:40 Kvartalsrapport 2025-Q1
2025-05-09 N/A X-dag ordinarie utdelning NOL 0.00 NOK
2025-05-08 N/A Årsstämma
2025-02-25 - Bokslutskommuniké 2024
2024-11-22 - Kvartalsrapport 2024-Q3
2024-08-28 - Kvartalsrapport 2024-Q2
2024-05-29 - Kvartalsrapport 2024-Q1
2024-05-02 - X-dag ordinarie utdelning NOL 0.00 NOK
2024-04-30 - Årsstämma
2024-02-28 - Bokslutskommuniké 2023
2023-11-28 - Kvartalsrapport 2023-Q3
2023-08-29 - Kvartalsrapport 2023-Q2
2023-05-30 - Kvartalsrapport 2023-Q1
2023-05-09 - X-dag ordinarie utdelning NOL 0.00 NOK
2023-05-08 - Årsstämma
2023-02-28 - Bokslutskommuniké 2022
2022-11-28 - Kvartalsrapport 2022-Q3
2022-09-30 - Årsstämma
2022-08-25 - Kvartalsrapport 2022-Q2
2022-06-01 - X-dag ordinarie utdelning NOL 0.00 NOK
2022-05-27 - Kvartalsrapport 2022-Q1
2022-02-15 - Bokslutskommuniké 2021
2021-11-26 - Kvartalsrapport 2021-Q3
2021-08-27 - Kvartalsrapport 2021-Q2
2021-05-28 - Kvartalsrapport 2021-Q1
2021-05-26 - Årsstämma
2021-05-03 - X-dag ordinarie utdelning NOL 0.00 NOK
2020-11-19 - Årsstämma
2020-05-13 - X-dag ordinarie utdelning NOL 0.00 NOK
2020-02-28 - Bokslutskommuniké 2019

Beskrivning

LandBermuda
ListaOslo Bors
SektorRåvaror
IndustriOlja & gas
Northern Ocean är verksamma inom olje- och gassektorn. Bolaget är specialiserade inom borrning och i erbjudandet av tillhörande tjänster som berör prospektering och vidare utvinning av olje- och gasförnödenheter. Bolaget förfogar över egna produktionsanläggningar och riggar, där verksamhet återfinns runtom den globala marknaden. Bolaget har sitt huvudkontor i Bermuda.
2024-12-05 16:49:31
5 December 2024 - Hamilton, Bermuda

With reference to the stock exchange notice dated 18 November 2024, Northern
Ocean Ltd. ("NOL") is pleased to announce a contract award for Deepsea Bollsta
from a renowned client, for work in Norway. The contract is expected to commence
in the second quarter of 2025, immediately after the rig has mobilised for
operations on NCS. The contract has an estimated firm duration of 54 to 99 days,
to be completed in advance of the Equinor contract announced on 18 November this
year. The contract adds approximately USD 23 to 42 million of firm backlog and
will increase NOL's firm backlog to approximately USD 488 to 507million.

This contract further solidifies NOL's cash flow projections for 2025 and the
company does not plan for any further equity raises in connection with the
mobilisation of Deepsea Bollsta to Norway. NOL is continuously monitoring the
debt market and plan to refinance its current debt falling due in June 2026 when
it sees a good balance between terms and condition versus order backlog.

NOL will work together with its operational manager Odfjell Drilling AS, to
prepare for operations in Norway in a safe, secure and efficient manner.

Arne Jacobsen, Chief Executive Officer of NOL, commented: "This is the third
contract in as many months and adds to the drilling program in Norway, with a
well reputed client. In addition to increasing the backlog this contract
contributes to removing potential idle time for the rig in advance of the
Equinor contract. With Deepsea Bollsta being fixed on contracts until the end of
2027, excluding options, NOL will focus all marketing efforts to increasing the
order backlog for Deepsea Mira in the months ahead"


For more information, please contact:

Arne Jacobsen, Chief Executive Officer: + 971 55 639 0860
Jonas Ytreland, Chief Financial Officer, +47 994 65 550