TCO wins contract with Statoil

Offshore staff

ABERDEEN, UK TCO AS and its subsidiary TCO UK, providers of well completion technologies to the oil and gas industry, have secured a contract with Statoil AS worth 750 million NOK ($121.8 million).

The contract calls for TCO to provide chemical injection systems, and includes a framework contract for the scope of B-annulus system and barrier plugs for Statoil operations on the Norwegian continental shelf.

The initial contract period is two and a half years, with an optional additional period of six years thereafter.

01/22/2014

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...