Offshore staff
STAVANGER, Norway – Equinor is exercising options for drilling services on numerous producing fields in the North Sea and Norwegian Sea, under agreements with three drilling contractors signed in 2018.
The two-year extension options, with a total value of NOK8 billion ($900 million), cover drilling, completion, intervention services, plugging, maintenance, and modifications on 19 offshore installations.
The scope of work will be the same as defined under the original contracts.
Archer’s extension, due to take effect on Oct. 1, covers the rigs which the company is operating on Statfjord A, B and C, Gullfaks A, B and C, Grane, Njord, Sleipner A, Snorre A and B, and Visund.
Odfjell Drilling’s platform drilling contracts extensions are for to Heidrun and the Johan Sverdrup drilling platform. Odfjell is responsible for drilling operations, workover campaigns, P&A activities and preventative/corrective maintenance on the two sets of installations.
KCA Deutag is the drilling service provider for Kvitebjørn and Oseberg B, C, South and East.
Following this option, the contract period is firm until 4Q 2024. This option is the first of three options of two years each.
02/16/2022
