Statoil Receives Consent for Exploration Drilling in the Barents Sea

Friday 16 June 2017

Well 7325/4-1 ("Gemini Nord") is in the Hoop area in the Barents Sea, around 275 kilometres from Nordkapp and 200 kilometres from Bjørnøya (Bear Island).

The drilling location's geographical coordinates will be:

73° 38’ 57.74 N

25° 10’ 41.91 E

Water depth at the site is 447 metres.

The drilling is estimated to last for 19 days, and is scheduled to start in June.

The well is to be drilled by Songa Enabler, which is a semi-submersible mobile drilling facility of the CAT D type. Songa Enabler was delivered by the Daewoo yard in South Korea in 2016, and is owned and operated by Songa Offshore. The facility is registered in Norway and classified by DNV GL.

Songa Enabler was issued with an Acknowledgement of Compliance (AoC) by the PSA in July 2016.

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