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Statoil (STO) and its partners enter into contracts worth ~$1.6B for use of the Bideford...

Statoil (STO) and its partners enter into contracts worth ~$1.6B for use of the Bideford Dolphin, Stena Don and Scarabeo 5 rigs on the Norwegian continental shelf. STO says the additional rig capacity will help it achieve production targets towards 2020 through production drilling on several legacy assets and starting production from fast-track developments.
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