Equinor: platform contracts extended
(CercleFinance.com) - Equinor, on behalf of several licenses, announces that it has awarded contracts for the use of Transocean Encourage, mainly in the Norwegian Sea, and Transocean Enabler, for the Johan Castberg field.
The companies have also signed a strategic collaboration agreement.
The platforms had been the subject of 8 -year contracts with Equinor that expire on 1 December 2023 and 1 April 2024 respectively. This will be the first contract extension since the rigs, known as Cat D rigs, were built specifically for Norwegian conditions.
The Norwegian offshore drilling program consists of nine wells to be drilled on the Tyrihans, Verdande, Andvare and Vigdis fields located in the Tampen area of the North Sea.
The total estimated value of the nine wells is approximately $191m and the drilling campaign is scheduled to start on 1 December.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
The companies have also signed a strategic collaboration agreement.
The platforms had been the subject of 8 -year contracts with Equinor that expire on 1 December 2023 and 1 April 2024 respectively. This will be the first contract extension since the rigs, known as Cat D rigs, were built specifically for Norwegian conditions.
The Norwegian offshore drilling program consists of nine wells to be drilled on the Tyrihans, Verdande, Andvare and Vigdis fields located in the Tampen area of the North Sea.
The total estimated value of the nine wells is approximately $191m and the drilling campaign is scheduled to start on 1 December.
Copyright (c) 2023 CercleFinance.com. All rights reserved.