Odfjell Secures EPC Contract for Statoil's Veslefrikk Field

Statoil has awarded Odfjell Drilling an EPC(I) contract for work on the Veslefrikk field in the Norwegian sector of the North Sea. Odfjell will work with Aibel on this project, which involves upgrading the drilling system on the Veslefrikk platform, installing a new drilling control center, and upgrading the drilling control systems. Veslefrikk oil field is located on Block 30/3 in a water depth of 607 feet (185 meters). Statoil serves as the operator of the field and holds an 18% interest; Petoro holds a 37% interest; Talisman Resources Norge holds 27%; RWE Dea Norge holds 13.50% interest; and Revus Energy holds the remaining 4.50% interest.

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