Brownfield Boost: Vigdis Gets a Subsea (Pump) Lift
wellhead pressure, which also leads to higher oil recovery from the wells.“Advanced processing equipment on the seabed is key in our subsea factory strategy, aiming to increase and extend production from existing fields and contribute to new development solutions on new fields,” said Geir Tungesvik, SVP for project development in Equinor.Subsea pumps have proven particularly strategic to deep-water fields with long distances between subsea facilities and platforms.The contract for supplying the boosting system, including the template and trawl protection, was awarded to OneSubsea, with
Statoil Awards $1.5 Bln Drilling Contracts
number one priority. These contract awards will help ensure safe and efficient well deliveries, and sustain a high level of activities on the Norwegian continental shelf. A resilient manpower base capable of performing the required scope of work has been an important selection criterion,” says Geir Tungesvik, Statoil’s senior vice president, drilling & well. Long-term contracts will increase the predictability and ensure stable operating conditions for the suppliers and Statoil. “The contracts provide us with a good foundation for close and predictable collaboration
West Phoenix to Drill in UK and Norway
by authorities for use both on the NCS and UKCS. “We needed a high capacity rig, because we will be drilling wells in high-pressure, high-temperature formations. We chose the Phoenix, which is a modern 6th generation dual-derrick rig. Seadrill has rigs suited for our needs,” says Geir Tungesvik, Statoil’s senior vice president for drilling and well. The Ragnfrid North well has an estimated value of $19.5 million, while the value of the three wells on the UKCS is estimated at $18.5 million. The figures include integrated drilling services such as fuel, casing running,
Statoil Awarding Service Contracts for Two Cat J rigs
safe operations, cut well costs and ensure efficient well deliveries. We look forward to working closely with these two suppliers on the licences’ own rigs. These contracts will help increase activities on the Norwegian continental shelf, ensure predictability, and create more jobs,” says Geir Tungesvik, Statoil’s senior vice president for drilling & well. Oseberg Cat J will contribute to continued development of the Oseberg area. From the autumn of 2017 the rig will drill wells for the Vestflanken 2 project. Later the rig may be used for further developing the area in the
Statoil Awards Norwegian Continental Shelf Drilling Contract
demonstrated innovation and submitted good proposals for continued development of these services, and Statoil is positive to continuing the work with all of the three companies. The current contracts will help maintain activity on competitive terms in a market challenged by profitability,” says Geir Tungesvik, Statoil’s senior vice president for drilling and well
February 2024
