Statoil lengthens Altus well engineering contract

Offshore staff

STAVANGER, NorwayStatoil has extended by two years Altus Intervention’s contract to provide power mechanical services for the Heidrun, Statfjord, Snorre, Sleipner, and other satellite fields offshore Norway.

This is in addition to Altus’ contract covering provision to16 fixed Norwegian offshore installations of mechanical wireline operations, tractor conveyance, cased-hole logging, and P&A services.

This contract has a fixed term of four years but it could be extended to 10.


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


Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Shell Leverages Data to Transform from Reactive to Predictive Operations

This 6-page report describes how Shell engaged in a massive project with OSIsoft to transform the...

Selection, Use, Care and Maintenance of FR Clothing

For industries operating in an inherently dangerous environment, the importance of selecting the ...

Evolution or Revolution: IT / OT convergence means a world of possibilities

The oil and gas industry is experiencing a rapid paradigm shift in regards to digital transformat...