31/03/2016at 11:07

Statoil extends substantial drilling contracts

Norwegian oil major Statoil has exercised options to extend drilling contracts with three suppliers until 2018. Odfjell Drilling is the big loser and will go from seven to now just two contracts.

BY DANIEL LOGAN BERG-MUNCH

Statoil has extended drilling contracts with the three companies Archer, KCA Deutag and Odfjell Drilling, which will now service the Norwegian oil company until 2018, writes Statoil in a press release Thursday.

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