Statoil commissions platform crane overhauls

Statoil (OSE:STL; NYSE:STO) has issued a letter of intent to AF Gruppen for a crane contract in the Norwegian North Sea.

Offshore staff

OSLO, Norway – Statoil (OSE:STL; NYSE:STO) has issued a letter of intent to AF Gruppen for a crane contract in the Norwegian North Sea.

The $16.6 million-plus contract involves refurbishment and rebuilding of 15 electrical overhead traveling cranes on theGullfaks A and C platforms. Construction is due to be completed in April 2015.

6/11/2012

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