OTL - Odfjell Technology Extends Master Service Agreement for additional 2-years with Serica

Odfjell Technology (UK) Ltd is pleased to confirm a two-year extension to our Master Service Agreement with Serica Energy (UK) Limited. This continued collaboration highlights our strong relationship and ongoing commitment to delivering high-quality campaign support and maintenance services in the energy sector.

The Serica contract, awarded to Odfjell Technology in November 2018 for the Provision of Storage, Preservation, Maintenance and Drilling Services, has been maintained through a series of rolling extensions. Under the contract, Odfjell Technology provides skilled personnel to support intervention and maintenance activities on the Bruce platform, also delivering engineering input through targeted surveys for Life of Field activities. This secures a further two-year backlog for Odfjell Technology, reinforcing our continued support of Serica’s operational needs.

 John Moffat - SVP Operations & P&A UK stated:

"This extension reflects the trust Serica places in Odfjell Technology and the value our teams deliver across intervention, maintenance, and drilling support. We are proud to continue this long-standing partnership and strengthen our position for future campaign readiness, reinforcing our commitment to reliable, flexible service delivery."

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.



For further information, please contact:

Gillian Basson,
Corporate Secretary
+44 (0) 7796 547 889
gbas@odfjelltechnology.com
Aberdeen, United Kingdom



Gert Haugland,
SVP Finance &Investor Relations
+47 92661638
gjha@odfjelltechnology.com



03 November 2025
Odfjell Technology Ltd