Statoil: Drilling contracts awarded
Statoil has awarded two integrated drilling service contracts to Schlumberger Norge and Baker Hughes Norge AS. With the options included, the contracts will have a total value of NOK 1.8 billion
The contracts’ duration is two years with extension options of two times two years, commencing 1 September 2006.
The contracts cover delivery of directional drilling (MWD/LWD) and mud logging on several Statoil operated fields in the Norwegian continental shelf.