Statoil takes Seadrill rig off Canada

Canada bound: West Aquarius to work off Newfoundland for Statoil

SEADRILL

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Eoin O'Cinneide

 14 May 2012 12:51 GMT

Statoil has taken a Seadrill semi-submersible drilling unit for a three-well programme off the east coast of Canada.

The Norwegian oil major is to drill the trio of exploration wells off Newfoundland with the ultra-deepwater unit West Aquarius, it said on Monday.

No contract value or dayrate was given for the deal which will see wells being spudded in late 2012 and 2013.

Oslo-listed Seadrill, which earlier in the day unveiled a strong first-quarter profit and an intention to continue to invest in new units, had not revealed details of the deal by Monday afternoon.

Two of the wells are in the Flemish Pass basin with the remaining one in the Jeanne d’Arc basin, Statoil said.

Seadrill’s latest…

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