Statoil gets nod from Norwegian Environment Agency for Pingvin drilling

  • Business & Finance

Statoil, as operator for PL 713, located in the Barents Sea offshore Norway, has received permission from the Norwegian Environment Agency to drill in the oil-bearing strata in exploration well 7319/12-1 Pingvin, and this operation has now resumed.

Statoil gets nod from Norwegian Environment Agency for Pingvin drilling The top hole has been drilled, and results from the well are expected during September.

The partners in the licence are Statoil as operator with 40 per cent, RN Nordic Oil with 20 per cent, Edison with 20 per cent and North Energy with 20 per cent.

Statoil recently received approval to use Transocean Spitsbergen semi-submersible drilling rig to drill the 7319/12-1 well, informally Pingvin, in production licence 713.

Related: Rosneft, Statoil begin Pingvin drilling

Press Release, September 10, 2014
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