HOLIDAY GREETINGS

Island Drilling Company is pleased to announce that the Island Innovator has officially commenced operations under a three year Permanent Plug & Abandonment (PP&A) contract for Equinor on the Norwegian Continental Shelf. This marks an important milestone in our collaboration with Equinor and represents a significant step forward in our continued focus on high quality, efficient, and safe PP&A operations.

The Norwegian Ocean Industry Authority (Havtil) has granted Equinor consent to use Island Innovator for the permanent plugging of wells on the Heidrun field.

Petro.no has published an article about Island Innovator and its upcoming contract with Equinor. The scope of work for the rig is taking shape while it is currently at Hanøytangen being prepared for at least three years of operations for the operator.

Island Drilling Company AS is pleased to announce that it has been awarded a significant contract with Equinor for Permanent Plug & Abandonment (PP&A) work on the Norwegian Continental Shelf. The contract will commence in the first quarter of 2026.

Island Drilling Company is pleased to announce that Island Innovator has successfully wrapped up two P&A programs for Repsol on the Casablanca field offshore Tarragona in the Mediterranean. These programs kicked off in mid-November 2025 and concluded at the end of January, ahead of schedule and cost.

We are proud to announce that we have achieved ISO 45001 certification, marking a significant milestone in our commitment to occupational health and safety. This certification is a testament to our dedication to creating a safe and healthy work environment for all our employees.