Statoil Cancels Rig Contact

Statoil decided to cancel the contract with Stena Drilling for the mobile rig Stena Don.

 

The rig has been on contract to Statoil since February 7, 2014, performing operations for the Troll and Fram licences. The original contract termination date is February 7, 2017.

 

The cancellation will take effect after the plugging activity on the Troll field has been completed, in early November. After this, Stena Don was committed to the Fram licence.

 

However, the licence does not have any work program for the rig, nor does Statoil have any other activities where the available capacity can be used.