Statoil, Norsk Hydro charter Eirik Raude rig for Barents Sea project

Statoil ASA and Norsk Hydro ASA have chartered Ocean Rig ASA's Eirik Raude semisubmersible to drill three exploration wells in the Barents Sea.

The 340 million kroner charter also covers the cost of upgrading the rig to a full 8-point anchoring system, a mobilization fee, and an option to drill a well for Norsk Hydro in the North Sea prior to the Barents Sea program. (OGJ Online, Apr. 19, 2004).

Starting in late autumn, the Eirik Raude will drill one well each in areas G and F for Statoil and one in area C, which Norsk Hydro operates.

Related Articles

EIA: Ethanol spot prices rise on rail congestion, cold weather

04/14/2014 Spot prices for ethanol have increased steadily since early February, driven by logistical problems and harsh weather conditions, according to the ...

New York county puts freeze on Bakken crude

03/24/2014 Government officials in Albany County, NY, have issued a moratorium on Global Partners LP's plans to increase the processing of Bakken crude oil at...

HSC remains closed, fuel cleanup continues after barge collision

03/24/2014 The Houston Ship Channel (HSC) remained closed to unauthorized vessels Mar. 24 as the result of a temporary emergency safety zone being established...

OGJ Newsletter


International news for oil and gas professionals

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!


Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected