Statoil awards major drilling contracts to Odfjell, Smedvig

July 1, 2004
Statoil ASA has awarded Bergen, Norway's Odfjell Drilling ASA and Stavanger-based Smedvig Offshore ASA contracts totaling 3.3 billion kroner to accomplish production drilling from 10 Statoil-operated platforms. The contracts are for 4 years with renewal options.

By OGJ editors

HOUSTON, July 1 -- Statoil ASA has awarded Bergen, Norway's Odfjell Drilling ASA and Stavanger-based Smedvig Offshore ASA contracts totaling 3.3 billion kroner to accomplish production drilling from 10 Statoil-operated platforms. The 4 year contracts are for drilling in the North Sea and Norwegian Sea.

Smedvig has secured the 1.7 billion kroner drilling assignment to drill from fixed platforms on Statfjord and Gullfaks fields in the Tampen area, and Odfjell has a 1.2 billion kroner contract for Tampen fields Visund, Snorre A, and Snorre B and a 450 million kroner contract for Heidrun field drilling.

Work will be phased in during the second half of this year.