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StatoilHydro hires oilfield Who’s Who for $700M


Published Apr 3, 2008
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StatoilHydro improving recovery with subsea facility

StatoilHydro has signed completion equipment and services for on the Norwegian continental shelf that are good for NOK 1.2 billion ($233 million) in orders a year over three years.

The contracts are worth a combined NOK 3.6 billion ($700 million).

“(These contracts) contribute to standardising completion solutions across the business units,” company subsea vice president, Øystein Arvid Håland, said in a statement.

Six three-year contracts — each with two, three-year long options — have been awarded to Baker Oil Tools, Halliburton, Roxar, Schlumberger, Weatherford and Welldynamics.

Their work starts 1 September 2008, the oil company said.

The award covers all former Statoil assets on the Norwegian continental shelf.

Tags: Baker Hughes, Halliburton, Roxar, Schlumberger, StatoilHydro, Weatherford, WellDynamics




   

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