Odfjell Technology has been awarded a significant five-year contract to provide fishing services for drilling and workover operations with a major oil and gas company in Kuwait. This agreement represents a continued expansion of the company's well services portfolio within the Middle East region.

Contract Details and Scope of Work

The contract is scheduled to commence in the first quarter of 2026 and includes an option for a one-year extension. The scope of work involves the provision of specialized fishing tools and engineering services to support the operator's drilling and workover campaigns. These services will be deployed across both onshore and offshore fields.

Local Presence and Operational Infrastructure

The company has been operating in Kuwait since 2018 and has established a strong local presence. This is supported by a customized workshop and yard facility located in Shuaiba, Mina Abdullah. This operational base is instrumental in supporting daily activities across multiple rigs and well sites, facilitating the rapid deployment of essential fishing and well intervention equipment.

Strategic Significance

The contract award is highlighted as a reinforcement of the company's commitment to the Kuwaiti market. This commitment is demonstrated through the delivery of an extensive and rigorously maintained inventory of in-country fishing tools, supported by a team of highly skilled engineers. The new agreement solidifies the company's position as a key service provider within Kuwait's active drilling and workover market, a sector where national operators are focused on expanding capacity and sustaining production levels.