Oilexco enters into LOI for FPSO Glas Dowr

Oilexco has entered into a letter of intent with Bluewater for deployment of the FPSO Glas Dowr at the Huntington field in the North Sea.

Offshore staff

STAVANGER, Norway -- Oilexco has entered into a letter of intent with Bluewater for deployment of the FPSO Glas Dowr at the Huntington field in the North Sea.

Oilexco is the operator of Huntington field with a 40% interest, Norwegian Energy Co. ASA (Noreco) owns a 20% share, E.ON Ruhrgas UK Exploration and Production Ltd. has 25%, and Carrizo Oil and Gas Inc., 15%.

08/27/2008

More in Rigs/Vessels