Rig Deal Offshore Canada

January 3, 2011

Husky Energy, Suncor Energy and Statoil Canada reportedly signed a deal to share an offshore rig, helping support continued activity off the Newfoundland and Labrador coast, according to a recent report from www.vancouversun.com.  The three-year agreement will see the major oil and gas producers share use of the Henry Goodrich semi-submersible drilling unit for separate projects. 

It is the second such rig-sharing deal between the corporations with drilling contractor TransOcean, operator of the ill-fated Macondo rig for BP in this spring's offshore U.S. Gulf of Mexico disaster.

The prior agreement led to the drilling of the Ballicatters well on the Grand Banks by Suncor Energy, Statoil Canada's Mizzen discovery in the Flemish Pass Basin and exploratory drilling on the Glenwood well in the Jeanne d'Arc Basin by Husky Energy, the provincial government said Thursday.

(Source: www.vancouversun.com)

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