Equinor has exercised two options to extend drilling contracts with Archer AS, KCA Deutag Drilling Norway AS (KCAD), and Odfjell Operations AS for a total of 4 years.
The options for drilling services on fixed installations on the Norwegian Continental Shelf have an estimated value of NOK 18.4 billion, the operator said in a release Mar. 13.
The contracts were signed in 2018 with three option periods of 2 years. The first 2-year option was exercised in 2022 (OGJ Online, Feb. 16, 2022). The new contract period runs for 4 years from Oct. 1, 2024.
In this option round, Equinor conducted a limited competition evaluating drilling suppliers on certain fixed installations based on a combination of technical and commercial criteria, which resulted in some redistribution on four of the 19 installations in the contract portfolios, the operator said.
Services delivered are drilling, completion, intervention services, plugging, maintenance and modifications on 19 of Equinor’s fixed installations.
Installations covered by the contracts are listed in the table below.
|
Supplier |
Installations - field name |
|
Odfjell |
Grane |
|
Archer |
Gullfaks A, B & C |
|
KCAD |
Heidrun |
|
Odfjell |
Johan Sverdrup |
|
KCAD |
Kvitebjørn |
|
KCAD |
Njord |
|
KCAD |
Oseberg B, C, Sør & Øst |
|
Archer |
Sleipner A |
|
Archer |
Snorre A & B |
|
Archer |
Statfjord A, B & C |
|
Odfjell |
Visund |
