North Atlantic Drilling semi-submersible wins two-well contract from Statoil

North Atlantic Drilling semi-submersible wins two-well contract from Statoil

Norwegian energy giant Statoil has contracted 2008-built semi-submersible rig West Hercules from Seadrill’s North Atlantic Drilling to drill two exploration wells in the Barents Sea.
 
The contract, valued between $15m and $20m, also includes options to drill another five exploration wells.
 
Geir Tungesvik, head of drilling and well at Statoil, commented: “We have chosen this rig because it is winterized and ready for use in cold waters. We have used this rig before, both in the norther part of the Norwegian continental shelf and in Canada. We expect North Atlantic Norway to provide safe and efficient operations.” 
 
The rig is currently stacked at Skipavik-Gulen in Norway and will be mobilised to start drilling during the Norwegian summer.
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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