US-based energy technology giant Baker Hughes has secured two long-term contract extensions with Norwegian state-owned energy company Equinor to support hydrocarbon production in the Norwegian sector of the North Sea.
With two multi-year contract extensions, Baker Hughes will provide integrated drilling and well services solutions, as well as wireline intervention services, to support Equinor’s offshore hydrocarbon production targets in the North Sea.
Under the integrated drilling and well services deal, the US company will deploy comprehensive project solutions in both mature and greenfield developments, leveraging capabilities across its well construction, completion, intervention and metering portfolios to support development on the Norwegian Continental Shelf (NCS).
The company emphasizes that advanced technologies, including Kantori’s autonomous well construction solution and advanced TRU-ARMS reservoir mapping services, will be used to efficiently develop offshore resources.
Based on the intervention contract, Baker Hughes will provide fully integrated intervention services combining its range of surface and downhole solutions with complementary technologies from service partners to extend the life and performance of offshore wells in the North Sea.
The company’s contract extension will increase the scope of service delivery from its technology portfolio centered around the PRIME technology platform, supporting production optimization and emissions reductions across the Norwegian continental shelf.
Amerino GattiExecutive Vice President of Oilfield Services and Equipment at Baker Hughes confirmed: “Baker Hughes’ ability to deliver comprehensive solutions that unlock additional value for our customers has been proven through decades of operation in the North Sea.
“From new well construction to interventions that extend the life of mature fields, our innovative technologies and ability to integrate our services can help create a safer energy future for Norway and the whole of Europe. We look forward to being part of this new chapter of cooperation with Equinor.”
Baker Hughes claims to have played a key role in the Norwegian energy sector for decades. Earlier this year, the company opened a new Subsea Service Center of Excellence and manufacturing plant in Dusavik, and operates a Delivery and Abandonment Center of Excellence in Stavanger.
Extensions with Equinor come shortly after Baker Hughes He won a contract extension With Petrobras to expand integrated well construction operations across Brazil’s offshore oil and gas fields.
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