Equinor has been awarded 26 new production licences by Norway’s Ministry of Petroleum and Energy in the 2020 Award in Predefined Areas (APA) - 12 licences as operator and 14 licences as partner.
Maersk Drilling has been awarded a contract with TotalEnergies E&P Danmark which will employ the high-efficiency jack-up rig Maersk Reacher for well intervention services in the Danish North Sea.
Subsea and maintenance contracts give operators the largest risk. However, that’s not to say other segments aren’t without their fair share of inflationary challenges.
Vår Energi and Equinor have commenced a five-year helicopter-sharing agreement in the North Sea to reduce costs and environmental footprint of crew transport.
