The PCD will be ready for a final field operation execution, subsequent to the qualification at Ullrigg.
Per Espen Edvardsen, chief executive officer of Siem WIS comments: “Siem WIS is pleased to enter into a third technology development co-operation contract with StatoilHydro”. The contract is an important step for the further development of the PCD concept and for the acceptance of the technology by the drilling industry.”