Equinor is awarding the most important providers contracts ever to Baker Hughes Norge, Halliburton AS and Schlumberger Norge AS for built-in drilling and effectively providers on a lot of the Equinor-operated fields on the Norwegian continental shelf. Initially awarded for 4 years, the contracts have a complete estimated worth of some NOK 30 billion.

The contracts embody choices for 5 2-year extensions. Extension of the contracts is topic to steady achievement of the objectives for effectively deliveries.
“This is a superb day for Equinor and the Norwegian continental shelf. The contracts are the largest we’ve got ever awarded inside drilling and effectively service. The built-in supply mannequin we’ve got chosen will strengthen the interplay between the service provider, rig provider and operator, enabling us to drill extra wells. This, in flip, will improve restoration and guarantee long-term operations,” says Pal Eitrheim, Equinor’s chief procurement officer.
The objective of built-in drilling and effectively providers is to make clear roles and obligations. This ends in much less interfaces and extra clearly outlined obligations, facilitating extra seamless planning and implementation of the operations between the varied contributors.
The new contracts will create jobs for some 2000 folks on 17 mounted platforms and eight cellular rigs. They substitute the present service contracts, which expire on 31 August. The contracts intention at new methods of collaborating, giving the service suppliers higher duty for providers than earlier than. Support from land shall be important to profitable implementation of built-in operations. For cellular items the service contracts shall be linked to the rig reasonably than the varied licences.
The contracts embody the next providers for effectively development:
• Integrated drilling providers
• Cementation and pumping
• Drilling and completion fluids
• Electrical logging
• Completion
(Source and picture: Equinor – Intallation of Johan Sverdrup DP / B, Randuff)

 

The publish EQUINOR AWARDS THE LARGEST SERVICES CONTRACTS EVER appeared first on Energy Global News.

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