Integrated Drilling Agreement to Baker Hughes

press release
Tuesday, August 21, 2012

Baker Hughes has been awarded an agreement with Statoil to provide integrated drilling services for 25 fields on the Norwegian continental shelf (NCS).


The services will help meet Statoil's expectations for enhanced drilling performance and service quality. The agreement with Baker Hughes will cover the delivery of directional drilling, measurement-while-drilling, logging-while-drilling, mud logging, including 24/7 onshore support and drilling engineering services.

 

"The agreement contributes to the development of improved drilling efficiency which will ensure cost-efficient drilling through focus on the quality of tools, services and personnel." says head of drilling and well in Statoil, Øystein Arvid Håland.

 

"If we are going to achieve our long-term production goals, we must drill more cost-efficient wells. Hence we need to improve drilling progress and reduce downtime during operation. By awarding the agreement to Baker Hughes, Statoil will benefit from their proven technical expertise and extensive experience on the NCS and we look forward to continuing our long standing relationship with this supplier."
 
 

The agreement includes focus on integrated operations (IO) which covers the integration of people, multidiscipline work processes and collaborative technologies to make and execute better decisions quicker. IO is enabled by the use of real time data transfer to achieve more efficient interaction between installations, onshore support groups, experts and other vendors, leading to more efficient drilling operations.

 

"Work processes with integrated operations are a way of sharing the knowledge between offshore personnel, experts onshore, our own management and our suppliers during operations." says senior vice president Operation in Development and Production Norway in Statoil, Bente Aleksandersen.
 

"Baker Hughes has been awarded the agreement because they supplied the best combined technical and commercial offer. Their IO experience is a part of this. This will lead to a considerable increase in the current workload for the supplier. And we are pleased to see that contracts with Statoil generate positive spin-offs and local content where our operations are."

 

The supplier is currently established on several locations in Norway such as Stavanger, Gulen, Bergen, Kristiansund and Sandnessjøen. In January 2013 Baker Hughes will also open a base in Hammerfest supporting operations in the Barents sea.

 

The firm two-year part of the agreement has an aggregated value of approximately BNOK 3. The agreement also has two two-year optional extensions, not included in the estimated contract value.

 

The integrated drilling services will be performed on the installations Brage, Dagny (optional), Eirin (optional), Grane, Heidrun TLP, Heidrun SS, Kristin Kvitebjørn, Njord, Norne, Morvin Oseberg B/C/Sør, Oseberg Øst (optional), Sleipner, Skuld, Snøhvit, Tyrihans, Troll, Volve, Vega, Veslefrikk, Aasta Hansteen and Åsgard.

Work under the contract will commence in third quarter of 2012.

Maritime Reporter September 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Coast Guard Foundation to Honor USCG in Miami

The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families, announced today that

Maritime Broadband Opens Office in Greece

Maritime Broadband has expanded its worldwide footprint by opening an office, Maritime Broadband Hellas, in Athens, Greece. The new office addresses the growing

Renewable Energy: Schottel Tidal Turbines Ready For Use

In the last months Schottel  successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions.

Offshore

Renewable Energy: Schottel Tidal Turbines Ready For Use

In the last months Schottel  successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions.

Total CEO Killed in Moscow Runway Accident

Private jet collided with snow plow during takeoff; Total's CEO a defender of Moscow policies. Insiders Boisseau and Pouyanne long seen as potential successors.

Statoil: New Oil in the Grane Area

Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea.   Well 25/8-18 S, drilled by the rig Transocean Leader,

Energy

PES to Begin Operating Benzene Terminal in November

Philadelphia Energy Solutions plans to start operating a new benzene offtake terminal next month at its 335,000-barrel-per-day refinery in Philadelphia, two people familiar with the plans said.

Weak Oil Threatens US Export of LNG

Plunging global oil prices may turn hopes for cheap liquefied natural gas supplies from the United States into a costly disappointment for Asian buyers who have

Renewable Energy: Schottel Tidal Turbines Ready For Use

In the last months Schottel  successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1545 sec (6 req/sec)