Statoil takes West Aquarius for Newfoundland wells

May 15, 2012
Statoil (OSE:STL;NYSE:STO) has contracted Seadrill’s deepwater drilling semisubmersible West Aquarius for exploration offshore Newfoundland.

Offshore staff

STAVANGER, Norway – Statoil (OSE:STL;NYSE:STO) has contracted Seadrill’s deepwater drilling semisubmersible West Aquariusfor exploration offshore Newfoundland.

Starting late 2012, Statoil will start a program comprising two exploration wells in the Flemish Pass basin and one in the Jeanne d’Arc basin.

West Aquarius is a sixth generation DP-3 semisub built in South Korea in 2009. It can operate in harsh environments in up to 3,000 m (9,842 ft) water depth. Statoil has taken the rig on as an assignment from ExxonMobil Deepwater Rig.

5/15/2012