Songa semi extends assignment for Statoil

Statoil has re-engaged the semisub Songa Trym for exploration drilling on the Norwegian continental shelf (NCS).

Offshore staff

STAVANGER, Norway – Statoil has re-engaged the semisub Songa Trym for exploration drilling on the Norwegian continental shelf (NCS).

The rig is currently chartered for work on the Troll field in the North Sea until next spring. Thereafter, it will drill new exploration wells on various Norwegian licences.

The agreed rig rate is $355,000 per day – the total value to contarctor Songa Offshore is $462 million, including upgrade work and an associated yard stay prior to the start of the new contract. This runs for a fixed three-year period, with two further one-year options on the same conditions.

“Access to rigs is vital in maintaining our exploration activity on the NCS, where we envisage great potential in both near field exploration and exploration in frontier areas,” said Gro Gunleiksrud Haatvedt, Statoil’s head of exploration on the NCS.

Songa Offshore will assume full rig management and operations responsibility for the Songa Trym from current contractor Odfjell Drilling Management, during the transition between contracts.

07/11/2011

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