Deep Casing Tools nets order from Statoil

Deep Casing Tools has announced the signing of a frame agreement with Statoil Petroleum AS.

The company says that the contract covers the supply of Deep Casing Tools’ revolutionary drillable casing and liner reamer technology, including its high-speed, drillable reaming system, the Turbocaser™ Express, already deployed by Statoil. The agreement applies to the Norwegian Continental Shelf and has a contract life of two years with three option periods of two years each.

Deep Casing Tools CEO Lance Davis said: “This very significant multi-year agreement cements the foundation of our Norwegian and North Sea business as we continue to build our track record.

“The opportunity in Norway, as in other arenas, is to provide solutions to some key industry drivers: risk reduction when running tubulars to total depth, reducing flat time and trouble zone costs, and improving well bore conditions for cement placement and integrity.

“In answer to growing industry demand, we have now supplied more than 200 tools globally.”

 

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply