Statoil cancels Songa rig contract offshore Norway

Offshore staff

STAVANGER, Norway – Statoil has canceled its contract with Songa Offshore for the semisubmersible drilling rig Songa Trym, four months prior to the expiry date of March 4, 2016.

The operator had notified the contractor Songa Offshore previously of a suspension, and had tried to find other assignments for the rig after it had finished drilling the Tarvos well on the Vigdis field in the North Sea.

Songa Offshore says it will receive a cancellation fee equivalent to $377,000/d through to the contract’s end date.

11/02/2015

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