KCA Deutag, a leading drilling, engineering and technology partner, has secured new contracts and extensions worth a total value in excess of $450 million from Equinor in Norway.
In addition to a four-year extension for their existing contract scope covering five platforms across the Oseberg and Kvitebjørn fields, KCA Deutag has also been awarded additional work to deliver drilling, maintenance and engineering services to a further two platforms.
The additional scope, covering the Njord and Heidrun platforms significantly strengthens KCA Deutag’s presence in the Norwegian North Sea where the company also has a separate agreement with Equinor for the management, operation and maintenance of the Askepott and Askeladden Cat J jack-up rigs.
Ole Maier, President of Offshore, commented: “This award of an additional scope as well as a contract extension underscores the strong performance of our teams in Norway and our dedication to delivering innovative solutions and technology that improve the efficiency and safety of Equinor’s operations.
“We look forward to the continuation of our successful collaboration with Equinor as we collectively strive to ensure a safe and sustainable energy future.”
About KCA Deutag
With over 130 years of experience, KCA Deutag is a leading drilling, engineering and technology company working onshore and offshore with a focus on safety, quality and operational performance. It operates approximately 110 drilling rigs in 20 countries, either directly or through affiliates, employing people across Africa, Europe, Middle East and other geographies.
About Equinor
Equinor (OSE:EQNR, NYSE:EQNR), is an international energy company with a proud history. Formerly Statoil, we are 20,000 committed colleagues developing oil, gas, wind and solar energy in more than 30 countries worldwide. We’re the largest operator in Norway, among the world’s largest offshore operators, and a growing force in renewables. Driven by our Nordic urge to explore beyond the horizon, and our dedication to safety, equality and sustainability, we’re building a global business on our values and the energy needs of the future.