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Statoil-Aker Sign Enhancement Deal
Statoil ASA (NYSE:STO), in a bid to replace and upgrade the drilling facilities on the Snorre A platform, has given Aker Solutions a contract worth NOK 1 billion ($180 million). Located in blocks 34/4 and 34/7 in the Tampen area of the Norwegian North Sea, Snorre development comprises two platforms, A and B. The field [...]

Statoil ASA (NYSE:STO), in a bid to replace and upgrade the drilling facilities on the Snorre A platform, has given Aker Solutions a contract worth NOK 1 billion ($180 million).
Located in blocks 34/4 and 34/7 in the Tampen area of the Norwegian North Sea, Snorre development comprises two platforms, A and B. The field came online in August 1992.

Drilling and maintenance being the two most significant operations, the contract will not only enhance the lifetime of the existing fields but also … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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