SLB Selected as Main Drilling Services Supplier for Vår Energi in Norway
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
SLB was selected by Vår Energi to serve as the main integrated drilling services supplier for the Transocean Barents and Deepsea Bergen rigs on the Norwegian Continental Shelf. This contract covers an initial four-year period and includes four potential one-year extensions through 2034. The agreement expands SLB's role in Vår Energi's offshore operations by adding integrated drilling services to existing relationships.
From baystreet.ca
Why it matters
The contract requires SLB to provide technical expertise and digital workflows for drilling exploration and development wells. This selection strengthens the operational relationship between SLB and Vår Energi, who are working on mature offshore assets in Norway.
Vår Energi and SLB are working on mature offshore assets and expanding digital collaboration in Norway.
From baystreet.ca
Who's involved
- Vår EnergiNorwegian oil and gas company receiving the drilling services contract.
- SLBOilfield services company selected as the main drilling services supplier.
- OneSubseaCompany that functions as a joint venture and subsidiary of SLB.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- SLBSpeculative
SLB could see increased revenue from the direct contract award for integrated drilling services on the Norwegian Continental Shelf.
Keep exploring
The entities involved
-
Vår Energi
Norwegian oil and gas company
Nothing else this week.
-
SLB
oilfield services company