Transocean Ltd., the biggest offshore-rig operator, has won a $44.8m contract to drill four wells off Norway for Det Norske Oljeselskap ASA at the lowest recorded tariff of $180,000 a day.
Statoil has made an oil discovery in the Geitungen prospect on Utsira High in the North Sea together with partners Petoro, Det norske oljeselskap and Lundin.