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Equinor brings on another rig

Monday, November 18 2024

Fossil Energy – Drilling

Equinor has awarded a two-year firm contract to Northern Ocean Wind AS to employ the mobile rig Deepsea Bollsta on the Norwegian continental shelf.

Photo: Northern Ocean Ltd.

The contract value for the firm period is around USD 335 million, with a planned start-up in the latter part of 2025. The contract also includes five one-year options.

“We have an ambition to maintain our production from the Norwegian continental shelf at a high level towards 2035, supplying the energy that Europe demands. Our ability to continuously drill new wells is at the heart of this. There is still a large remaining resource potential in our producing fields. We also see attractive exploration opportunities in Norway,” says Kjetil Hove, executive vice president for Exploration and Production Norway (EPN).

Deepsea Bollsta is a sixth-generation harsh environment, winterized, mobile rig.

The contract value does not include integrated rig services or mobilisation/demobilisation fees.

Related posts:

  1. Equinor submits DPO for Irpa gas discovery
  2. Permission to drill wildcat well in Barents Sea
  3. Equinor secures new helicopter capacity
  4. Equinor strengthens its position in the Norwegian Sea

Filed Under: Drilling, Equinor, International News, Norway, Semisub Tagged With: drilling, Equinor, norway, semisub

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