New Rig For Statoil’s Fast-Track Portfolio

Thursday, March 17, 2011

Statoil has awarded Songa Offshore a contract for hire of the semi-submersible rig Songa Delta, for use in the fast-track portfolio on the Norwegian continental shelf (NCS). The contract value is approximately USD 400 million.

The rig will carry out production drilling for Statoil’s fast-track portfolio on the NCS.

It will be used for drilling and completing wells, and will quickly be able to contribute to the production of the fields.

“We will be able to realise small finds that normally would not be profitable through fast-track developments and standardised solutions,” says Ivar Aasheim, head of field development on the NCS.

“Securing drilling capacity is vital to be able to execute our fast-track developments. This helps to maintain the production level on the NCS.”

Plans call for the rig to start its production assignment for Statoil in the summer of 2012.

Jon Arnt Jacobsen, Statoil chief procurement officer, is pleased that the company has acquired future rig capacity.

“We are pleased to have secured yet another rig from Songa Offshore. This contract award addresses our ambition to sustain production,” says Jacobsen. “The rig will work specifically for Statoil’s fast-track developments, and will play an important part in maintaining the pace of our fast-track projects.”

The contract period is three years firm, and includes a one-year option following the completion of the drilling programme. Statoil has an option to extend the contract period from three to four years firm.

Source: Statoil

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Tanker Retrofitted with Dual Fuel Engine

Caterpillar Marine informs it has begin a dual fuel engine retrofit conversion onboard the 472-foot Fure West tanker, owned by Furetank Rederi A/B. The MaK M 43

Diana Charters Containership to Maersk

Container shipping company Diana Containerships Inc. announced that, through a separate wholly-owned subsidiary, it entered into a time charter contract with Maersk

BG Awards Fugro MBES, Seabed Coring Contract

Fugro has been awarded a contract by BG International Limited Sucursal Honduras to conduct an integrated multibeam echosounder (MBES) survey and seabed coring campaign

Offshore

BG Group Starts up Sixth FPSO in the Santos Basin

BG Group announced first oil from the Cidade de Itaguaí floating, production, storage and offloading (FPSO) vessel, the sixth unit to start production across the

BG Awards Fugro MBES, Seabed Coring Contract

Fugro has been awarded a contract by BG International Limited Sucursal Honduras to conduct an integrated multibeam echosounder (MBES) survey and seabed coring campaign

Jonathan Appointed LOC Group's London MD

In line with LOC’s continual global growth and strengthening of the senior management team,  Britain has been appointed as Managing Director of the London operation.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Pod Propulsion Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0944 sec (11 req/sec)