Statoil Extends Well Services Contract with Aker

Norwegian oilfield service firm Aker Solutions announced Thursday that its client Statoil will extend an existing contract for the provision of well services by Aker to Statoil for a period of two more years. The initial three-year contract, which started in 2009, was to supply mechanical wireline services on Statoil operated fields and mobile drilling units on the Norwegian Continental Shelf.

Aker said that it estimates the two-year extension will generate revenues for it of up to $140 million (NOK 800 million) and the contract will keep around 400 of its staff in employment – 60 percent of whom will support Statoil offshore.

"Our cooperation with Statoil within the mechanical wireline segment dates back to 1984. This partnership has helped build up and continuously develop a highly competent well service community on the Norwegian continental shelf. Statoil has the world's highest recovery rates for offshore oil and gas assets and we are proud to be a supplier to their success," Rolf Leknes, head of Aker Solutions' Scandinavian well intervention services business, said in a statement.

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Shell to Sell Gabon Onshore Assets for... (Mar 24)
 -  Industry Pros Gather for Offshore Achi... (Mar 24)
 -  Statoil Makes North Sea Oil, Gas Disco... (Mar 24)
 -  Report: Hiring Managers See Salaries S... (Mar 23)
 -  Repsol Chooses Atlas for Onshore, Offs... (Mar 23)


Most Popular Articles

From the Career Center
Jobs that may interest you
Equipment Operator
Expertise: Cementing|Coil Tubing|Maintenance Technician
Location: El Reno
 
Account Manger - Levelland/Lubbock, TX Area
Expertise: Customer Service|Production Operator|Well Servicing & Testing
Location: Levelland, TX
 
Dispatcher
Expertise: Dispatcher
Location: Greeley, CO
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours