Statoil to Use Transocean Spitsbergen on Skuld Field, Norway

Statoil Petroleum as has received consent to use the Transocean Spitsbergen rig for drilling in the Norwegian Sea.

The consent relates to production drilling and completion for the Skuld field in production licence 128.

Water depth at the site varies from 343 to 360 metres.

The expected start-up for drilling is mid-July 2013. The duration of the activity is estimated at approx. 8 months.

Transocean Spitsbergen is a semi-submersible mobile drilling unit, type Aker H-6e. It was built in 2009 at Aker Stord, is registered in the Bahamas and classified in DnV. It received an Acknowledgement of Compliance (AoC) in July 2012.

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June 27, 2013