Equinor has signed three-year contracts with Tendeka AS and Baker Hughes Norge AS for providing sand screen services at a total value of around NOK one billion (about US$117 million), including options for five two-year extensions.
The contract awards were marked at Equinor’s head office at Forus on June 26.
The sand screen technology is based on a metal filter preventing sand from entering and damaging the wells. This key technology is applied by Drilling & Well for purposes such as securing production and extending the life of wells.
“These suppliers have been our service providers over time. They will be central in our effort of making wells more profitable. We are looking forward to continuing our good cooperation for many years ahead,” Peggy Krantz-Underland, Equinor’s chief procurement officer, said.
Tendeka AS has been awarded a contract for providing sand screen services to the Troll field, which has the most widespread use of such screens. Furthermore, they have already signed contracts for similar services to the two Cat J rigs that are drilling for the Gullfaks and Oseberg fields.
Baker Hughes Norge AS has been awarded a contract for providing sand screen services to the other Equinor-operated fields on the Norwegian continental shelf.
Both suppliers will also supply valves preventing undesirable fluids from entering the production stream, in addition to preventing sand from entering the wells.
Recommended Reading
U.S. Shale-catters to IPO Australian Shale Explorer on NYSE
2024-05-04 - Tamboran Resources Corp. is majority owned by Permian wildcatter Bryan Sheffield and chaired by Haynesville and Eagle Ford discovery co-leader Dick Stoneburner.
Exxon Shale Exec Details Plans for Pioneer’s Acreage, 4-mile Laterals
2024-05-03 - Exxon Mobil plans to drill longer, more capital efficient wells in the Midland Basin after a major boost from the $60 billion Pioneer Natural Resources acquisition. Data shows that Exxon is a leading operator drilling 4-mile laterals in the Permian’s Delaware Basin.
Infrastructure Company Savage Acquires Houston’s Texon
2024-05-03 - Texon, a midstream service provider, will continue operations under its legacy brand.
1Q24 Dividends Declared in the Week of April 29
2024-05-03 - With earnings season in full swing, upstream and midstream companies are declaring quarterly dividends. Here is a selection of dividends announced in the past week.
Pitts: US, Qatar Face off in LNG ‘Olympics’
2024-05-03 - In the LNG exporting space, the U.S. is squaring off with its fiercest competitor, Qatar, with both countries expected to outpace Australia