Equinor chooses Deepsea Atlantic rig for three new wells

Norwegian oil and gas company Equinor has exercised three new wells for Odfjell Drilling’s Deepsea Atlantic rig. 

The Deepsea Atlantic drilling rig. Photo Odfjell Drilling

Furthermore, two additional wells are pending final approval by Equinor and its licensees, the rig owner said in a statement on Friday.

The wells have been exercised under the Continued Optionality mechanism in the contract entered into in May 2018, as part of the overall Master Frame Agreement.

The work will start after the completion of the current scope estimated to be in 2Q 2020.

The approximate contract value for the firm scope is $45 million, excluding any integrated services. In addition, a performance bonus will be applicable.

Simen Lieungh, CEO Odfjell Drilling, said: “The Continued Optionality mechanism in the contract serves to provide a framework for the parties to continue a long-term working relationship, and we believe that the extension is evidence of the importance of Deepsea Atlantic in Equinor’s drilling plans.”

The Deepsea Atlantic is a sixth generation deepwater and harsh environment semi-submersible rig capable of operating at water depths of up to 3,000 meters.

This is the second contract extension for Odfjell Drilling this week. Namely, Aker BP earlier this week exercised the first one-year option for the Deepsea Nordkapp semi-submersible drilling rig.

In addition, Odfjell Drilling was this week awarded a contract for platform drilling and maintenance and minor modifications for ConocoPhillips offshore Norway. The contract includes drilling operations, work-over campaigns, plug and abandonment activities, and all preventative and corrective maintenance of ConocoPhillips’ drilling facilities on three offshore platforms in the Greater Ekofisk Area.

Offshore Energy Today Staff


Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email.

Also, if you’re interested in showcasing your company, product, or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.

Share this article

Follow Offshore Energy Today

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 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 1

Offshore Energy Exhibition and Conference (OEEC) 2020

Offshore Energy addresses the technical, operational and commercial challenges associated with future sector growth.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

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