Statoil dishes out new drilling contracts worth over $1.5 billion

first_imgView from the Gullfaks C platformView from the Gullfaks C platform in the North Sea. (Photo: Harald Pettersen)Norwegian oil major Statoil has awarded new contracts to three companies for drilling, completion, intervention services, plugging, maintenance and modifications on 18 of its platforms with a total value of $1.5 billion. The contracts were awarded to Archer, KCA Deutag and Odfjell Drilling. As already reported by Offshore Energy Today, Archer has been awarded a four-year firm contract on a total of 12 fixed platforms located on the Norwegian Continental Shelf (NCS). Statoil said that all three contracts take effect from October 1, 2018, initially for a period of four years. The total value is estimated at more than NOK 12 billion ($1.52 billion). The contracts include three two-year extension options. The work will employ around 2000 people per year.“These contract awards will help ensure safe and efficient well deliveries, and sustain a high level of activities on the Norwegian continental shelf. A resilient manpower base capable of performing the required scope of work has been an important selection criterion,” says Geir Tungesvik, Statoil’s senior vice president, drilling & well.Statoil explained that these long-term contracts will increase the predictability and ensure stable operating conditions for the suppliers and Statoil.“The contracts provide us with a good foundation for close and predictable collaboration. We thus facilitate safe and efficient operations. The contracts are aimed at improving our joint competitiveness and enabling a sound level of activities,” says Statoil’s chief procurement officer, Pål Eitrheim.One of the intentions of the contracts is to improve the collaboration between Statoil, the drilling contractors and service contractors. A common incentive program will stimulate safe and efficient operations through close collaboration and integration of work.Under the contract, Archer will work on Grane, Gullfaks A, B & C, Njord, Sleipner, Snorre A & B, Statfjord A, B & C, and Visund platforms. KCA Deutag will work on Kvitebjørn and Oseberg B, C, South & East and Odfjell Drilling will work on the Heidrun platform.In addition, Statoil has existing drilling contracts with Odfjell Drilling for Johan Sverdrup and Mariner, and KCA Deutag for the two Cat J rigs operating at Gullfaks and Oseberg.Odfjell Drilling will start operations on the Mariner and the Johan Sverdrup field during the second half 2018.last_img read more

Australia ‘exceptional’ – O’Brien

first_img O’Brien has saddled four previous Derby winners in Galileo (2001), High Chaparral (2002), Camelot (2012) and last year’s hero Ruler Of The World. Camelot had previously won the Guineas and almost completed the Triple Crown in the St Leger – but O’Brien feels Australia is even better. Speaking at a press morning at Ballydoyle, the trainer said: “He’s a Derby horse we’ve not had the like of before. “I thought Camelot was the best horse we had for the Derby, but this horse is another step up. The very first time he worked as a two-year-old we knew he was exceptional and the lads always rated him. “I’ve never had a horse like this. I’m not trying to blow him up, I’m just saying how it is. A lot of things have to go right, though. “For a horse by Galileo to be doing what he’s doing, we’ve never had that before. “The reason we were excited before the Guineas (was that) his lead horse was Oklahoma City and he was treating him with contempt every day. “Even in March and April (last year), he was doing half-speeds with horses he shouldn’t have been able to go with. Aidan O’Brien is still pinching himself at training a horse of the “exceptional” quality of Australia as he builds towards the Investec Derby on June 7. “What pricked everyone’s ears was one morning he did four furlongs and it was 11 seconds a furlong for each furlong. “I can’t remember a two-year-old doing that before. It’s very unusual and when he pulls up he would be yawning! “When Frankie (Dettori) was over last year, he jumped off the ground after he sat on him. “He’s very uncomplicated, very relaxed. He has a great cruising speed, a great mind and has speed. “He’s also bred to get the trip well and that makes him exceptional.” It has been a relatively slow start to the season for Ballydoyle team, with O’Brien revealing some of his string were under the weather earlier in the year. For that reason, he is expecting Australia to improve considerably for his comeback run at Newmarket. “At the start of the year we were struggling a bit, it hasn’t been straightforward. We had a bit of a cough around for a long time. I think it’s more or less gone now, we’re happy with where the horses are now. We’ve trained our way gently through it,” said the trainer. “If the horses are going to a Classic, they have to run in a prep race. We’re not complaining about it, everyone gets a run of it sometimes. “Australia was sick six weeks before the Guineas – he was probably the first horse to show signs of the cough and then it spread like wildfire through the yard.” Of the Guineas, which saw the field split into two, with Australia in the near-side group, O’Brien said: “At Newmarket it would obviously have been better if the horses had all been in a bunch. We knew from halfway he was behind so he had to make a move early. Therefore he was getting there early and had to keep going. “It was only in the last half-furlong he spotted Kieren’s horse coming. It was great for Richard Hannon, though, who did a great job.” A son of Galileo out of the brilliant racemare Ouija Board, Australia burst onto the scene with a scintillating victory at Leopardstown last September and despite his stout breeding, was strongly fancied for the Qipco 2000 Guineas at Newmarket earlier this month. Although he came up just short on the Rowley Mile, beaten three-quarters of a length into third behind the Kieren Fallon-ridden Night Of Thunder, he ran a perfect trial and is the red-hot favourite for Epsom. Press Associationlast_img read more

Vahid Halilhodzic: The Future will be Revealed Today

first_imgST Due to the results of the previous matches that Trabzonspor played, the future decision on the staying or leaving Trabzonspor will be critical today. Namely, the last five matches revealed the following results which directly influenced the decision on the Halilhodzic’s staying in the club. To be more precise, Trabzonspor wrote 2 victories, that is 2:1 against Metalist and 1:0 against Legia Warszawa. On the other side, Trabzonspor was defeated by Karabukspor with the result of 3:0. In addition, they wrote down two draws against Kasimpasa and Istanbul Basak.When he started to lead the Trabzonspor, on the official welcome ceremony he said that he would do his best to bring the team into the UEFA Champions League but admitted that the future was hard to predict. However, now all eyes are on the next match which will be decisive for Halilhodzic as well as for the Trabzonspor.The match all are waiting with lot of patience will be played today at 15:00 o’clock against Mersin İdmanyurdu.Vahid Halilhodžić (born 15 October 1952) is a former Bosnian footballer turned manager, currently in charge of Turkish club Trabzonspor.Regarded as one of the best Yugoslav players in the 1970s and 1980s, Halilhodžić had successful playing spells with Velež Mostar, and French clubs Nantes and Paris Saint-Germain before retiring in the mid-1980s. He also appeared for the Yugoslav national team and was part of the squads which won the 1978 European Under-21 Championship before earning 15 full international caps for Yugoslavia.last_img read more