Statoil cleared to drill Pingvin in Barents Sea

Statoil has permission from Petroleum Safety Authority Norway to drill the Pingvin prospect in the Barents Sea.

Offshore staff

OSLO, Norway – Statoil has permission from Petroleum Safety Authority Norway to drill the Pingvin prospect in the Barents Sea.

The semisubmersibleTransocean Spitsbergen will drill well 7319/12-1 in production license 713, 296 km (184 mi) from Hammerfest, in a water depth of 422 m (1,384 ft).

Drilling is expected to start this month and last around 28 days, depending on whether a discovery follows.

08/14/2014

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