Statoil Awards NOK 5 Billion Supply Base Contracts

Reuters

OSLO, Jan 7 (Reuters) – Norwegian energy firm Statoil has awarded service contracts worth around 5 billion Norwegian crowns ($640.38 mln) over a ten-year period for seven of its supply bases in Norway, it said on Wednesday.

The contracts have been awarded to NorSea Group, 40 percent owned by Wilh. Wilhelmsen Holding, Saga Fjordbase and Asco Norge. They have a duration of six years plus options for a further two times two years, Statoil said in a statement.

"Logistics represent some 10 percent of our field costs and making base operations more efficient is essential for extending the lifetime of the fields we operate," senior vice president for operations, Astrid Soerensen, said. ($1 = 7.8079 Norwegian krones)

(Reporting by Stine Jacobsen; Editing by Balazs Koranyi)

 

Copyright 2016 Thomson Reuters. Click for Restrictions.

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
United States Fort Lupton: Field Professional-Pinnacle Diagnostics
Expertise: Field Service Tech
Location: Fort Lupton, CO
 
United States Broussard: Field Engineer I - MWD/LWD
Expertise: MWD / LWD
Location: Broussard, LA
 
United States Fort Lupton: Technical Professional-Pinnacle Geosciences
Expertise: Field Service Tech
Location: Fort Lupton, CO
 
search for more jobs

Brent Crude Oil : $54.46/BBL 0.96%
Light Crude Oil : $51.68/BBL 1.21%
Natural Gas : $3.44/MMBtu 1.99%
Updated in last 24 hours