Statoil lengthens Altus well engineering contract

Offshore staff

STAVANGER, Norway – Statoil has extended by two years Altus Intervention’s contract to provide power mechanical services for the Heidrun, Statfjord, Snorre, Sleipner, and other satellite fields offshore Norway.

This is in addition to Altus’ contract covering provision to16 fixed Norwegian offshore installations of mechanical wireline operations, tractor conveyance, cased-hole logging, and P&A services.

This contract has a fixed term of four years but it could be extended to 10.

01/26/2017