Aker Kvaerner Wins NCS Work from ConocoPhillips

ConocoPhillips has awarded Aker Kvaerner a service contract for provision of personnel and equipment for well intervention services on the Norwegian Continental Shelf. The firm contract period is three years with an estimated value of NOK 900 million. The contract includes an option to extend another 2 x 2 years.

"This is a strategically important contract which ensures Aker Kvaerner Well Service's position as the leading provider of well intervention services on the Norwegian Continental Shelf," says Mads Andersen, Executive Vice President in Aker Kvaerner.

The scope of work comprises mechanical wireline services, wireline tractor services and cased and open hole logging services. The work will be undertaken by the Aker Kvaerner subsidiary, Aker Kvaerner Well Service in Stavanger. Data acquisitions services are subcontracted to Baker Atlas.

Through this agreement, Aker Kvaerner continues a good cooperation with an important client. "We look forward to jointly developing and implementing new well intervention technologies that will further enhance safety and increase operational efficiency," says Ole Petter Thomesen, President of Aker Kvaerner Well Service.