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Prosafe stays on Gullfaks

October 28, 2002, 08:00 CET

Prosafe Drilling Services is to drill platform wells on Gullfaks in the North Sea for a further year from 1 April 2003 after operator Statoil exercised an option in the existing contract.

This extension is worth about NOK 200 million, confirms Øyvind Hansen, special coordinator for contracts in the Exploration & Production Norway business area.

The present contract contains another option for a further one-year extension.

Ten to 12 wells are due to be drilled from the three Gullfaks platforms next year, reports Arild Hesjedal, manager for resource utilisation on the main field.

Prosafe has been responsible for platform drilling on Gullfaks since 1986.