Smedvig secures new drilling contract

Smedvig has been awarded a letter of intent by Statoil for the assignment of the fourth generation drilling rig West Alpha. The estimated contract value for the firm part of the contract is approximately US$ 15 million.

Smedvig has been awarded a letter of intent by Statoil for the assignment of the fourth generation drilling rig West Alpha. The estimated contract value for the firm part of the contract is approximately US$ 15 million.