Statoil Suspends Contract for Songa Delta Semi-Sub

Source: www.gulfoilandgas.com 6/21/2016, Location: Europe

Statoil will suspend the Songa Delta contract after the current well, Slemmestad, in the North Sea. From end June, 2016, the rig will go on 75% suspension rate (USD 277.000 per day). The expected resumption of the work with Statoil is indicated to be mid August 2016.

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


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Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

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