StatoilHydro extends NCS drill deals

StatoilHydro has decided to extend its contracts for integrated drilling services with Schlumberger, Baker Hughes Inteq and Halliburton for work on the Norwegian Continental Shelf.

StatoilHydro will exercise two year option periods on existing contracts in deals worth around NOK 2 billion.

The contracts are very extensive and in addition to directional drilling, cover, for instance, mud logging, logging while drilling, measurement while drilling, jars, hole openers, drill bits and associated services.

“We look forward to carrying on our good cooperation with the suppliers and hope that this will continue to take a positive direction,” says Anders Opedal, senior vice president for procurement in StatoilHydro.