Smedvig Lands Contract for West Epsilon

Smedvig has been awarded a new contract by the Dutch oil company Nederlandse Aardolie Maatschappij (NAM) for a one well project offshore Holland. The contract is in direct continuation of the current contract with NAM, and the drilling period is estimated to be 40 days. The contract value is US$ 3.1 million.

Smedvig asa is an offshore drilling contractor headquartered in Stavanger, Norway. The company provides services within drilling and well services in the North Atlantic and Southeast Asia. Smedvig's main activities are divided into mobile units, tender rigs and platform drilling. Smedvig has a fleet of four modern drilling rigs, one drillship and nine tender rigs. It addition, the company holds contracts for production drilling, well services and maintenance on fixed installations.