Sinomine Specialty Fluids, Equinor sign long-term deal

Sinomine Specialty Fluids has signed a framework agreement with Equinor to supply cesium drilling and completion fluids to the company’s operations on the Norwegian continental shelf.

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Offshore staff

BERGEN, Norway – Sinomine Specialty Fluids (formerly Cabot Specialty Fluids) has signed a framework agreement with Equinor to supply cesium drilling and completion fluids to the company’s operations on the Norwegian continental shelf.

The contract incorporates total fluid management including related engineering, laboratory and reclamation services, and runs until May 31, 2022, with options for five two-year extensions.

The company said it has a potential value in excess of $40 million through to 2022.

Christian Busengdal, Sinomine Specialty Fluids’ Business Director for Europe, said: “Since 2001, with our involvement in the Huldra field, through Kvitebjørn, Gudrun, Visund, Vega, Gullfaks and several others, we’ve seen cesium formate increase operational efficiency and safely deliver highly productive wells for Equinor.”

Equinor’s planning teams are considering cesium formate for Martin Linge, Snorre, Visund and Gullfaks Satellite fields, with other projects in the pipeline.

10/11/2019

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