July 6, 2015 / 6:18 AM / 2 years ago

Statoil awards 1.5 bln crown drilling contract to Baker Hughes

OSLO, July 6 (Reuters) - Norway's oil and gas firm Statoil said on Monday it has awarded Baker Hughes a 1.5 billion Norwegian crown ($187.20 million) contract for integrated drilling services at Johan Sverdrup field.

The contract is valid for six years with a four-year extension option for the entire field life, it added.

Drilling is expected to start in 2016. ($1 = 8.0127 Norwegian crowns) (Reporting by Nerijus Adomaitis)

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