Statoil granted use of Polar Pioneer

August 12, 2013

Statoil Petroleum AS (Statoil) received consent to use the Polar Pioneer facility.The consent applies to permanent plugback of well 31/5-J-41 and sidetrack drilling of well 31/5-H-2 in the Troll field in the North Sea in production license 085.

Water depth at the site varies from 313 to 318m.

The expected start-up is September 2013. The duration of the activity is estimated at about four months. Polar Pioneer is operated by Transocean Offshore and is a semisubmersible drilling facility built by Hitachi Zosen, Ariake, Japan. The facility received the PSA's Acknowledgement of Compliance in May 2004.



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