Get the free weekly contract digest
The new new contracts, who’s behind them, and what they mean — delivered to your inbox every week. No credit card, unsubscribe anytime.
New new contracts, summarized for you
No login, no app to check — it comes to you
See who's moving and how much in your market
Equinor Awards 3+5 Year Contract to Island Drilling for Plug and Abandonment Work
Contract Type
contract
Description
Equinor has awarded Island Drilling Company AS a three plus five year contract for plug and abandonment work on the Norwegian Continental Shelf. The firm contract period is for three years, plus five one-year options, with an estimated value of USD 330 million including mobilization, integrated services, and modifications. The contract will lead to positive implications for the region, including employment opportunities for both onshore and offshore positions, as well as driving procurement of goods and services from Norwegian suppliers.