Neptune Energy awarded a contract to Tenaris to provide equipment and services to support drilling activities on the Norwegian Continental Shelf.
The contract covers manufacture, transport, handling, and repair of a broad range of casing materials used in offshore drilling activities. Initially this will include support for one exploration well and one appraisal well in the Neptune-operated Gjøa area in the Norwegian Sea in 2023.
The 5-year contract has two 2-year extension options and is worth over $100 million. The contract between came into effect mid-April 2023.
