Offshore Shipping Online

A publication for the offshore shipping industry published by Clarksons

  • Offshore Intelligence Monthly
  • Menu

    Norsk Hydro exercises options on Snorre TLP and Snorre B

    Contracts, Tenders and Rates // July 19, 2002
    Prosafe Drilling Services, a wholly owned subsidiary of Prosafe ASA, has received confirmation that Norsk Hydro is exercising the first of two two-year options for platform drilling on both Snorre TLP and Snorre B. The option period lasts from 1 October2002 to 1 October 2004, and has an estimated value of NOK 290m.

    Prosafe Drilling Services has been responsible for the platform drilling on Snorre TLP since 1990 and on Snorre B since 1999. In addition, the contract for the modularised drilling and workover rig Rubicon was recently extended with one year.

    More articles from this category

    More news