EnergyWatch

Statoil distributes drilling contracts worth over EUR 1 billion

The Norwegian oil major has distributed over EUR 1 billion worth of contracts across 18 platforms to Archer, KCA Deutag and Odfjell.

Photo: PR-foto: Statoil

Statoil has hired Archer, KCA Deutag and Odfjell Drilling to carry out drilling, completion, intervention services, plugging, maintenance and modifications on 18 of Statoil's fixed platforms, announces the oil giant in a press release.

According to the statement, the contracts total NOK 12 billion in value (EUR 1.24 billion), taking effect from Oct. 1. The contracts run for four years, but include three two-year extension options.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs