The agreement covers delivery of directional drilling, measurement-while-drilling, logging-while-drilling and mud logging services.
The contract, which becomes effective on September 1, 2008, has a value of NOK900 million and is for a duration of two years. The contract also has two optional extensions, each for two years.
Oystein Haland, senior vice president for sub-surface technology, technology & new energy, said: The contract secures supply of services and competent personnel which ensures cost efficient operations through focus on the quality of tools and services. The contract also contributes to the development of StatoilHydro’s focus area, integrated operations, with the aim of improving safety and drilling efficiency.
