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OTL - Odfjell Technology awarded five-year contract in the Middle East
28 Oct 2025 11:15 CET
Issuer
Odfjell Technology Ltd
Odfjell Technology has been awarded a contract to supply fishing services for
drilling and workover operations with a major oil and gas company in Kuwait.
The contract, which is for five years with a one-year option period, will see
Odfjell Technology begin operations during Q1 2026 as the specialist integrated
supplier of well services technology and engineering solutions.
Operating in Kuwait since 2018, Odfjell Technology has built a strong reputation
for delivering quality drilling tools and equipment, with an experienced
operations team in place to support a dynamic onshore and offshore market.
Paul Toner, VP Middle East & Asia at Odfjell Technology, said: “This contract
award underlines Odfjell Technology’s ongoing commitment to Kuwait through the
delivery of our extensive and rigorously maintained in-country fishing tools,
and highly skilled engineers.”
Odfjell Technology manages and operates all services from a customised workshop
facility and yard area in Shuaiba, Mina Abdullah, enabling multiple call outs on
a daily basis.
For more information, please contact:
Gillian Basson
Corporate Secretary
+44 (0) 7796 547 889
gbas@odfjelltechnology.com
Aberdeen, United Kingdom
or alternatively:
Gert Haugland
SVP Finance & Investor Relations
+47 92661638
gjha@odfjelltechnology.com
28 October 2025
Odfjell Technology Ltd
About Odfjell Technology:
Building on 50 years of industry experience, Odfjell Technology is an integrated
supplier of offshore operations, well services technology, and engineering
solutions. Through safe, efficient, and sustainable performance, we are
committed to reducing time, cost, and emissions for our clients. Odfjell
Technology operates in more than 30 countries and employs over 2,400 highly
skilled professionals worldwide.
To find out more about Odfjell Technology and its services, please visit
https://www.odfjelltechnology.com/
More information:
Access the news on Oslo Bors NewsWeb site
Source
Odfjell Technology Ltd
Provider
Oslo Børs Newspoint
Company Name
ODFJELL TECHNOLOGY LTD, Odfjell Technology Ltd 24/28 FRN FLOOR C
ISIN
BMG6716L1081, NO0013326090
Symbol
OTL
Market
Euronext Oslo Børs