North Atlantic Drilling scores more Statoil work

North Atlantic Drilling scores more Statoil work

Norway’s Statoil has contracted 2008-built semi-submersible rig West Phoenix from Seadrill’s North Atlantic Drilling for exploration drilling on the UK and Norwegian continental shelves.

Operations will commence in the summer of 2018, the semi-submersible rig drilling an exploration well for the Ragnfrid North licence on the Norwegian Continental Shelf followed by three wells on the UK Continental Shelf.

Geir Tungesvik, senior vice president for drilling and well at Statoil, commented: “We needed a high capacity rig, because we will be drilling wells in high-pressure, high-temperature formations. We chose the Phoenix, which is a modern 6th generation dual-derrick rig. Seadrill has rigs suited for our needs.”

The Ragnfrid North contract has a value of around $19.5, while the UK campaign is valued at around $18.5m.

Last month, Statoil contracted 2008-built semi-submersible West Hercules to drill two exploration wells in the Barents Sea.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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