Statoil signs a three-year contract with Stena Drilling
Posted: 28 June 2010
Statoil has signed a three-year contract with Stena Drilling for hire of the Stena Don drilling rig.
The contract value is USD 437 million over a period of three years. Plans call for the semi-submersible rig to be used for drilling on the Norwegian continental shelf (NCS).
The rig was also under contract with Statoil from 2001 to December 2009.
“We have long experience with Stena Don, and we look forward to continuing the cooperation with this rig,” said Anders Opedal, head of procurements in Statoil.
The schedule of work for the rig is being considered by relevant licences on the NCS. The rig will play an important role in Statoil’s efforts to reach its NCS production targets.
Posted by Richard Price, Editor, EnergyME.com
Information supplied by companies or PR agencies who are responsible for content.
Send press releases to richard@energyme.com |
