Statoil Extends MSV Regalia Contract

Statoil and Prosafe have agreed to another 14 days work for the service and accommodation rig MSV Regalia at the Troll field in the North Sea.

MSV Regalia will continue to work for Statoil from November 15 and through November 28, 2004. The contract value is US $1.68 million.

The contract extension is subject to approval from the Petroleum Safety Authority Norway to Statoil.