Northern Offshore Announces New Contract Award for Jackup Energy Enhancer

Dec 14, 2010, 16:55 ET from Northern Offshore, Ltd.

HOUSTON, Dec. 14, 2010 /PRNewswire-FirstCall/ -- Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today announced that its subsidiary, Northern Offshore U.K. Ltd., has been awarded a contract with Ithaca Energy (UK) Limited ("Ithaca"), a subsidiary of the Canadian independent oil and gas company Ithaca Energy Inc., for the jackup Energy Enhancer.  The contract comprises the drilling and completion of one deviated well from the Jacky platform in the Inner Moray Firth area of the UK Sector, which is expected to begin late February 2011 and run approximately 72 days.

Northern Offshore, Ltd. President and CEO Gary W. Casswell said, "We are pleased that Ithaca has again selected Northern Offshore and the Energy Enhancer for its drilling program, and are looking forward to providing safe and efficient operations.  We consider this an excellent occasion to build on a relationship to lead to future opportunities."

About the Company

Northern Offshore, Ltd. is a Bermuda holding company which operates offshore oil and gas production and drilling vessels deployed around the world. The company's fleet consists of one floating production facility and five drilling units (a drillship, a semisubmersible and three jackup drilling rigs). The Northern Offshore fleet operates in various markets including the North Sea, the Indian Ocean, offshore Russia, the Mediterranean Sea and Southeast Asia. The company also provides rig management services, and is currently operating in this capacity on two semisubmersibles in the Caspian Sea.  More information on Northern Offshore, Ltd. may be found by visiting the company's website at http://www.northernoffshorelimited.com.

For further information, please contact:

Brian Hefty at (713) 739-7686,

or via email at brian.hefty@northernoffshoreltd.com



SOURCE Northern Offshore, Ltd.



RELATED LINKS

http://www.northernoffshorelimited.com