Statoil cancels Songa rig in declining market
Statoil has canceled a contract for a drilling rig from Songa Offshore four months ahead of schedule. The rig is now being idled and will thus join the steadily growing number of idled offshore vessels in the North Sea. Siem and Deep Sea Supply also bring bad news.
BY JOHANNES HARTKOPF-MIKKELSEN
A cancellation of a contract for drilling rig Song Trym together with yet another series of idled offshore vessels represent the latest impact of the declining activity in the North Sea.
Already a subscriber?Log in here
Read the whole article
Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers
Start a free company trial todayRelated articles:
Siem delivers another quarter deficit in squeezed market
For subscribers
Farstad pulls another five ships from the market
For subscribers
Fredriksen's Deep Sea Supply idles two offshore vessels
For subscribers
.jpg&w=384&q=75)
