Statoil Reports Spud of First Well at Oseberg Vestflanken 2
In the early hours of Sunday 25 February drilling started at Oseberg Vestflanken 2. On the Capital Markets Day on 7 February the project could boast break-even reduction from USD 34 to USD 16 per barrel. The investment budget for Oseberg Vestflanken 2 has been reduced from NOK 8 billion to NOK 6.5 billion. Recoverable reserves have increased, and several digitalisation measures have been initiated. Drilling is performed by the brand new Cat J rig Askepott, purchased by the licence. This is the first job performed by this rig. “This state-of-the-art rig will increase the safety and efficiency of our drilling operations. However, with a new rig…
Statoil Awards Aibel Contract to Build Gudrun Deck
Statoil has awarded Aibel a contract to build the topsides for the Gudrun platform. The contract includes engineering, procurement, and construction of the platform deck and processing facility and mating with the steel jacket. The contract is worth about NOK 2.7 billion. “This award followed strong international competitive bidding,” said Terje Masdal, project director in Statoil. The topsides will be built with a process facility for partial treatment of oil and gas. Gudrun will be supplied with electricity through a cable from the Sleipner field.