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Equinor Awards NCS Well Plugging Contracts Valued at $330 Million
Apr 01, 2025•about 1 year ago
Contract Type
contract
StavangerEnergyOil And GasRenewable EnergyBiomass Energyoil & energy
Description
Equinor ASA has awarded Island Drilling Company AS a three-year contract valued at approximately $330 million to plug wells on Equinor-operated fields on the Norwegian continental shelf (NCS). Additionally, oil service companies Archer Oiltools and Baker Hughes Norge have secured framework agreements for plugging services as part of this operation.
Company Information
Company
Equinor
Location
Stavanger, Rogaland, Norway
About
Equinor Nigeria Energy Company Limited is a subsidiary of Equinor, a major international energy company based in Norway. The Nigerian subsidiary focuses on upstream oil and gas operations, with a notable stake in the Agbami offshore oil field operated by Chevron.