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Charters rig for year-round Barents drilling

This is how the new rig will look like.

Statoil prepares for oil-boom in the Barents Sea by securing rig capacity.

Location

The Norwegian Oil-giant Statoil announces that Songa Offshore is awarded contracts for building two rigs, to be chartered to Statoil for minimum eight years. One rig will be used on the Norne, Heidrun and Åsgård licences in the Norwegian Sea.

The other rig will will be part of Statoil’s strategic rig fleet and set up for year-round operations in the Barents Sea, Statoil writes in a press-release on Friday.

Each rig has a estimated contract value of $1,33 billion (€1 billion) for the charter period.

Statoil with partners have discovered two large fields in the western part of the Barents Sea over the last half year. The two fields Skrugard and Havis open what Statoil says is a new oil province in the north. Many more new discoveries are believed to come in the Barents Sea as large-scale seismic surveys take place further east in the Norwegian sector. 

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