Equinor has awarded approximately $2.9 billion in drilling service contracts over 3-year fixed terms to several suppliers. The services, primarily related to liner hangers, will be delivered to both new and existing fields on the Norwegian continental shelf.
“These contracts will help us continue our safe and efficient drilling and well operations. The suppliers are specialists that we have worked with before, and we know what they stand for. We look forward to continuing our good cooperation,” Geir Tungesvik, Equinor’s senior vice president for drilling and well, said in a statement.
The contracts cover deliveries complementing the drilling and well service contracts signed in 2018. Each contract comes with five 2-year options. The services related to liner hangers and additional completion are based on framework contracts with standardized conditions where the volume may vary. Peggy Krantz-Underland, Equinor’s chief procurement officer, said the company standardized the contract setup between suppliers to help simplify collaboration.
“For these services, we do not buy from the biggest suppliers only, but also from small-size suppliers with the required specialist competencies,” Krantz-Underland said.
Liner hangers reduce the length of the last liner set in a well by several hundred meters by allowing the liner to be suspended below the ground, rather than extending a single casing string to the top of the wellbore. This saves metal/cementing costs and time for rig and personnel.
| Liner Hangers | Additional Completion | Downhole Monitoring |
Halliburton Schlumberger Baker Hughes, a GE Company Weatherford | Halliburton Schlumberger Baker Hughes, a GE Company Weatherford Ramex NOV Wellbore Technologies Petroleum Technology Company TCO Interwell Norway Welltec Oilfield Services
| Halliburton Schlumberger Baker Hughes, a GE COmpany Weatherford Roxar Flow Measurement |