bp, Baker Hughes and Odfjell Drilling form alliance for Clair field
Friday 28 May 2021
bp, Baker Hughes and Odfjell Drilling have entered into a tripartite agreement to work together to transform platform drilling and completions activity at the bp-operated Clair field – the largest oilfield in Western Europe.
A new five-year agreement, with the option to extend for a further four years, the Clair alliance aims to improve production across Clair, initially targeting a 15% increase in average annual production on Clair Ridge, the second phase development of the field.
This will be achieved through drilling the best quality wells safely and more efficiently and harnessing the skills and expertise of each company in a single collaborative team. This agreement sees the parties embark on a new progressive commercial relationship that will provide for sharing risk and reward. It is an example of best practice oil and gas supply chain principles in action.
The new way of working will also use Integrated Operations Level (IO3) – the most progressive, technologically-advanced model for shaping offshore work and onshore support. IO3 features a single well services provider working as part of an integrated operating team, using enabling technologies to move tasks onshore from offshore.
The Clair alliance will have a new governance structure with a project management team onshore and personnel from bp, Baker Hughes and Odfjell Drilling managing day-to-day drilling and completion operations offshore. The Clair alliance will be overseen by a steering group of representatives from all three companies.