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MarketScreener Homepage  >  Equities  >  Nyse  >  Seadrill Ltd    SDRL   BMG7945E1057

SEADRILL LTD (SDRL)
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Seadrill : Brazil`s Environmental Watchdog Authorizes Statoil Drilling

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01/13/2018 | 03:17pm CEST

Brazil`s environmental authority Ibama has greenlighted Statoil`s drilling campaign in the BM-S-8 license off the southeast coast.

The exploration block is home of the Carcar pre-salt prospect, one of Brazil`s main oil and gas discoveries.

Valid for four years, authorization includes the drilling of seven wells in addition to a short-term formation test in the Santos basin offshore block.

Drilling will be carried out with the West Saturn drill ship, chartered from service provider Seadrill.

(c) 2018 Bakhtar News Agency. All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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