Statoil orders two more drilling rigs from Songa Offshore

Offshore staff

STAVANGER, Norway – Statoil has ordered from Songa Offshore two more purpose-built drilling rigs to work on the Norwegian continental shelf. The two category D rigs are a concept developed by Statoil for medium water depths.

The contract value of $1.33 billion per rig has a fixed charter period of eight years with four options of three years each beyond that.

Daewoo Shipbuilding & Marine Engineering Co. in South Korea will build the rigs at a fixed price of $570 million per unit, inclusive of optional Statoil upgrades that include Barents Sea winterization and other enhancements. The drilling package will be delivered by Aker Solutions.

Delivery of the now four-rig order will begin in 2013.

“Statoil is committed to maximizing the value of the NCS,” says executive vice president of Development and Production Norway in Statoil, Øystein Michelsen. “We have a world-class project portfolio on the NCS with a robust production outlook. In addition to the safe and efficient development of new fields, we continue to step up our efforts to improve recovery from existing fields. We are convinced that new efforts are needed to secure a rig fleet that can handle the demanding tasks ahead.”


Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...