Thursday, December 13, 2018

Aker BP Announces Deals with Maersk, Odfjell, Halliburton‍

Posted by November 21, 2017

 Norwegian oil firm Aker BP ASA revealed on Tuesday:

  • Entered into separate agreements with Maersk Drilling and Halliburton for jack-up drilling rigs, and with Odfjell Drilling and Halliburton for semi-submersible drilling rigs
  • The framework agreements are five years firm with the option to extend for five years
  • The intent is that the Drilling & Wells alliances will plan and execute sanctioned production and exploration drilling activities by using an integrated well delivery model
  • Halliburton will provide Aker BP’s well construction activities performed from either a Jack-Up (Maersk) or Semi-submersible (Odfjell) drilling unit, provided the model is approved in the respective licenses
  • Both alliances formed under "one for all, all for one" collaboration model where the partners align around common goals to drive continuous improvement and create greater value for all
  • Aker BP is committed to increase the productivity, quality, flow- and time efficiency throughout the value chain. Strategic alliance relationships are an integral part of this strategy
  • Says digital solutions are key to the deals, will help improve drilling efficiency, cut costs‍​
Reporting by Terje Solsvik

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