Odfjell Technology has secured a platform drilling contract from EnQuest, an oil and gas company operating in the UK North Sea, for work on the Magnus platform.
The three-year contract is set to begin in the third quarter of 2026 (Q3 2026) and includes two optional one-year extensions.
Odfjell Technology operations executive vice-president Kurt Meinert Fjell said: “We are proud to enter into this contract with EnQuest, marking EnQuest as a new client within our platform drilling portfolio.
“Odfjell Technology previously operated under a platform drilling contract on the Magnus platform in 2018, and we are very pleased to return.”
EnQuest owns and operates the Magnus platform, a fully integrated drilling and production installation in the northern North Sea.
In February 2026, EnQuest announced plans for a six-well infill drilling programme and a production-enhancing well intervention campaign at the Magnus field. The drilling programme is scheduled to start in Q2 2026.
The Magnus field is located primarily in block 211/12a around 160km north-east of Shetland.
The Magnus platform, which is equipped with two separate processing trains, processes fluids produced by the field’s wells.
The facility can handle a continuous throughput of 85,400 barrels of crude oil per day, up to 110 million standard cubic feet per day of gas export and a maximum of 240,000 barrels per day of produced water.
EnQuest coordinates the export of oil via a 24in pipeline to Ninian Central, with onward shipment through the Ninian pipeline to the Sullom Voe Terminal.
Gas leaves the platform through the Northern Leg Gas Pipeline and connects to the Far Northern Liquids and Associated Gas Systems pipeline, operated by Shell, which routes to the St Fergus Terminal.
Produced water undergoes treatment to reduce oil content before discharge to the sea.
Earlier this year, EnQuest, through its subsidiary EnQuest Petroleum Production Malaysia, was granted a letter of award to become a partner in the Cendramas production sharing contract in Peninsular Malaysia.
