Statoil has awarded Baker Hughes Norway the onshore contract for integrated drilling services for the Johan Sverdrup field. The estimated contract value is NOK 1.5 billion and is valid for six years with a four-year extension option for the entire field life. The service will be provided locally from Stavanger, Norway.
For the Johan Sverdrup field, Statoil has decided to invite the market to tender for integrated services in order to reduce total well costs and achieve more efficient well services. Baker Hughes will, therefore, provide the whole range of services for cementing and pumping; completion; drilling and completion fluids, as well as offshore handling of drill cuttings; and integrated drilling services.