Statoil Awards New Drilling Contracts Worth NOK 12 billion
Tuesday 3 April 2018
Statoil has awarded drilling contracts to Archer, KCA Deutag and Odfjell Drilling for drilling, completion, intervention services, plugging, maintenance and modifications on 18 of Statoil’s fixed platforms.
The contracts take effect from 1 October 2018, initially for a period of four years. The total value is estimated at more than NOK 12 billion. The contracts include three two-year extension options. The work will employ around 2000 people per year.
Long-term contracts will increase the predictability and ensure stable operating conditions for the suppliers and Statoil.
One of the intentions of the contracts is to improve the collaboration between Statoil, the drilling contractors and service contractors. A common incentive programme will stimulate safe and efficient operations through close collaboration and integration of work.
The drilling contracts apply to the following installations:
FIELD - AWARD
Grane - Archer
Gullfaks A, B & C - Archer
Heidrun - Odfjell
Kvitebjørn - KCAD
Njord - Archer
Oseberg B, C, South & East - KCAD
Sleipner - Archer
Snorre A & B - Archer
Statfjord A, B & C - Archer
Visund - Archer
In addition, Statoil has existing drilling contracts with Odfjell for Johan Sverdrup and Mariner, and KCA Deutag for de two Cat J rigs operating at Gullfaks and Oseberg.