Statoil lines up new North Sea drilling target

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

Ocean Vanguard
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

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