Statoil, Odfjell sign framework agreement

Statoil and Odfjell Drilling have signed a framework agreement for developing new technology.

Offshore staff

OSLO, Norway -- Statoil and Odfjell Drilling have signed a framework agreement for developing new technology. This agreement follows similar agreements Statoil has signed with the Halliburton, Schlumberger, and Baker for surface technology.

"The partnership for development of new technologies is important for Statoil achieving its ambitions for improved recovery of oil and gas," says Margareth Øvrum, Statoil's executive vice president for technology and projects (T&P). "The deal with Odfjell Drilling will help strengthen our position."

Statoil requires technology development in the service areas Odfjell delivers. The company is one of the leading drilling contractors on the Norwegian continental shelf and has invested resources in new technology, Statoil says. Odfjell also has come a long way in the development of new work processes with the help of principles from integrated operations (IO).

IO uses real-time communication among professional communities and decision makers to improve efficiencies.

Statoil and Odfjell will establish a steering committee where upcoming joint projects will be discussed. Ongoing technology projects in which Statoil requires Odfjell's expertise include:

  • Automated measurement of the drilling process
  • Equipment for more efficient recycling of drilling slots
  • Equipment for measuring the use of well casings
  • Alternative materials in well casings for use in deep wells

    "This is the first time Statoil has signed this kind of deal with a drilling contractor," says Pier Haaland, process owner for the drilling, well, and production network in T&P. "We have great expectations that the deal will promote technology development."

    6/15/2007

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