Statoil lines up new North Sea drilling target

July 17, 2013
Petroleum Safety Authority Norway has cleared Statoil (OSE:STL) to drill an exploration well in the Norwegian North Sea, using the semisubmersible Ocean Vanguard.

Offshore staff

OSLO, Norway – Petroleum Safety Authority Norway has cleared Statoil (OSE:STL) to drill an exploration well in the Norwegian North Sea, using the semisubmersible Ocean Vanguard.

The program on well 30/9-25 in production license 104 in the North Sea is expected to start in September and last 43 days, depending on whether a discovery results.

7/17/2013