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Statoil awards 1.1bn contract to Coor Service Management

Published March 13, 2015 Updated March 13, 2015 03:20pm

1 min

By Shoaib Ur Rehman

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OSLO: Norwegian energy firm Statoil has awarded a contract worth 1.1 billion Norwegian crowns for offshore facility services on the Statfjord and Snorre fields to Coor Service Management, it said on Friday.

The contract, to start on July 1, has a duration of five years and includes an option for a three-year extension, Statoil said in an announcement.

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