Statoil signs up Transocean semi-submerible

Statoil signs up Transocean semi-submerible

Norwegian energy giant Statoil has announced that the company and its license partners have decided to have decided to use the semisubmersible rig Transocean Spitsbergen on three exploration wells in the UK, and then on a six-well production drilling campaign on the Aasta Hansteen licence in Norway.

The exploration drilling campaign in the UK is planned to start in the summer. The contract value for the three fixed wells is estimated at around $18m, while the drilling campaign at Aasta Hansteen is planned to start towards the end of 2017 or the beginning of 2018, with the contract value for six fixed wells is estimated at around $95m.

“We have had good experiences with Transocean Spitsbergen, which has delivered safe and efficient operations for us on the Norwegian Continental Shelf earlier. It is an all-round rig, which is winterized, can drill on deep water and can both be anchored or on dynamic positioning. It has a dual derrick, which is a positive contribution to efficient operations,” said Geir Tungesvik, senior vice president drilling & well of Statoil.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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