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Statoil awards new drilling contracts worth $1.52 billion

Statoil has awarded drilling contracts to Archer, KCA Deutag and Odfjell Drilling.

Stavanger (Norway), 3 April - Neftegaz.RU. Statoil has awarded drilling contracts to Archer, KCA Deutag and Odfjell Drilling for drilling, completion, intervention services, plugging, maintenance and modifications on 18 of Statoil’s fixed platforms. The total value is estimated at more than NOK 12 billion ($1.52 billion).


«Safe and efficient operations are our № 1 priority. These contract awards will help ensure safe and efficient well deliveries, and sustain a high level of activities on the Norwegian continental shelf. A resilient manpower base capable of performing the required scope of work has been an important selection criterion,» says Geir Tungesvik, Statoil’s senior vice president, drilling & well.


Long-term contracts will increase the predictability and ensure stable operating conditions for the suppliers and Statoil. One of the intentions of the contracts is to improve the collaboration between Statoil, the drilling contractors and service contractors. A common incentive programme will stimulate safe and efficient operations through close collaboration and integration of work.


In addition, the company has existing drilling contracts with Odfjell for Johan Sverdrup and Mariner, and KCA Deutag for de two Cat J rigs operating at Gullfaks and Oseberg.


Source : Neftegaz.RU