Statoil Awards $1.5 Billion in Drilling Contracts

GALWAY, IRELAND--April 9, 2018--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--Oil and gas giant Statoil ASA (NYSE:STO) (Stavanger, Norway) has awarded 18 drilling contracts on the Norwegian Continental Shelf (NCS) worth 12 billion Norwegian Kroner ($1.5 billion), with the lion's share going to oil services company Archer Limited (Stavanger, Norway). Within this article: Details contracts, locations, works and engineering companies involved.