- Statoil (STO) says it had awarded a four-year drilling and well services contract for the $7B Mariner heavy oil field off the U.K. to Schlumberger (NYSE:SLB).
- The contract also includes options for Bressay, another heavy oil field off the U.K. which is still in an evaluation phase.
- Drilling is planned to start in 2016 with first production in 2017, and the field is set to produce for 30 years.