ENI Receives Consent for Exploration on License 256 Offshore Norway

Eni Norge has received consent for exploration drilling on block 6406/1 with Diamond Offshore's Ocean Vanguard.

Well 6406/1-4 is part of production license 256, where Eni Norge is operator and RWE Dea Norge AS, DONG and Petoro are licensees.

The planned exploration drilling is linked to drilling activity on well 6406/1-3 in 2004. This well was plugged and abandoned following problems including a broken riser tension system as a consequence of the chain deployment from Ocean Vanguard on December 14th.

Drilling on well 6406/1-4 is expected to last 70 days. The water depth at the site is 359 meters. The consent applies for the period from July 10, 2005 to October 31, 2005.

The application has been submitted to the Norwegian Pollution Control Authority (SFT) and the Norwegian Board of Health in Rogaland for comment.

Ocean Vanguard is a Bingo 3000-type drilling facility completed in 1982 by Trosvik Verksted AS. It has subsequently undergone a number of upgrades. The facility is classified in DnV and is owned and operated by Diamond Offshore Drilling Ltd. The Ocean Vanguard received the Petroleum Safety Authority Norway's Acknowledgement of Compliance on July 2, 2004.

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