Extended Consent to Use Transocean Searcher at Asgard Field

Statoil has applied for an extension of the existing consent to the use of the semisub Transocean Searcher at the Åsgard field.

In February 2004 Statoil obtained consent to the use the Transocean Searcher at Åsgard until August of 2005. The activities entail production drilling, completion and well intervention.

TOS's first contract period at Åsgard had an estimated duration until August 1, 2005. Due to a strike in the autumn of 2004, as well as changes in the order in the work program, Statoil wants to continue the activities.

The Norwegian Petroleum Safety Authority has extended the consent until November 15, 2005.

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