Transocean nets four-well drilling contract offshore Norway

Offshore staff

TRONDHEIM, Norway – Det norske oljeselskap has contracted the semisubmersible Transocean Arctic to drill four wells in the Alvheim area of the Norwegian North Sea.

The contract, likely to run for 250 days from the start date of December 2016, is valued at $44.75 million excluding options.

It involves drilling one exploration well (West Volund in license 150B) and three production wells (two in license 150 and one in license 203/088BS).

11/30/2015

Share your news with Offshore at news@offshore-mag.com

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

Whitepapers

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...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...