Cancelling rig contract
November 2, 2015, 09:07 CET
Songa Trym (Photo: Kjetil Larsen - Statoil)
“We informed the supplier earlier in October about suspending the contract after the rig has completed the drilling operation on the Tavros well on the Visund field. Statoil has hoped for further activity in the remaining contract period, but we now realize that we must cancel the contract, as we have not succeeded in finding more assignments. We regret that we need to cancel the contract before it expires,” says Tore Aarreberg, head of rig procurements in Statoil.