StatoilHydro receives Transocean Searcher consent

Offshore staff

STAVANGER, Norway -- StatoilHydro has received consent for continued use of the Transocean Searcher for drilling and completion of well 6507/11-V-1H on the Åsgard field.

The vessel has conducted drilling, completion, and intervention operations on Åsgard since April 2004. The new consent is an extension of the last consent granted in November 2006, which is valid until Oct. 5, 2008.

Transocean Searcher (formerly Ross Isle) is a Bingo 3000 design built in 1983. The facility, which after modification has been specially designed to complete subsea wells, is constructed to operate in the North Sea on a year-round basis in water depths from 60 to 450 m (197 to 1,476 ft).

09/19/2008