Statoil suspends ‘Songa Trym’ contract

Songa Offshore has informed that Statoil will suspend Songa Trym contract after the current well at the Oseberg field in the North Sea.

Statoil has recently received consent from the Petroleum Safety Authority (PSA) Norway to use Songa Trym for permanent well plugging on the Oseberg field.

The rig is currently performing plug and abandonment activity and is ahead of planned schedule for this scope of work. From mid-November 2014, the rig will go on 75% suspension rate (USD 279.000 per day) expected until the end of the year 2014.

According to the press release, Songa Offshore plans to take the opportunity of this suspension period to accelerate some specific planned maintenance work that is more cost efficiently achieved outside operations.

The overall financial impact is expected to be limited, due to anticipated lower operating expenses in the suspension period.

Songa Trym is a semi-submersible drilling rig of the Aker H-3 type, built at Aker Verdal in 1976. Major improvements to the rig were made in 2012. Songa Trym is operated by Songa Management AS of Stavanger. The rig is registered in the Norwegian register of shipping and classified by DVN GL.

“Songa Trym has delivered well on efficiency and safety, and we would have liked to use the rig also for the rest of the year. We have tried to find new assignments for the rig, but our attempts to realize the identified options have not been successful. We are now together with our partners maturing identified drilling assignments for both rigs for 2015,” says Statoil’s chief procurement officer Jon Arnt Jacobsen.

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