The contract extension with KCA Deutag Drilling comprises drilling services on the Brage, Njord and Oseberg platforms. The two-year extension will become effective from July 1, 2008.
The contract extension with Seawell is for drilling services on the Gullfaks and Statfjord platforms. The extension is for two years and begins from October 1, 2008.
The contract extension with Odfjell Drilling Management comprises drilling services for the Heidrun, Visund and Snorre platforms. It is also for a two-year period, beginning from October 1, 2008.
Geir Slora, StatoilHydro’s vice president for drilling and well division, said: These contract extensions are important to StatoilHydro in order to insure a high degree of stability and continuity in the company’s first year. They are also an acknowledgement of the importance of having professional partners and contractors in our common effort to continuously improve the ability to deliver complete wells on all of StatoilHydro’s installations.
