Companies

Major Statoil contract to Altus Intervention

Statoil has exercised a two-year contract extension with Altus Intervention for the provision of mechanical wireline services on Statoil operated fields and mobile drilling units on the Norwegian continental shelf. The scope of the extended contract has been expanded to also include three of the four Cat D rigs currently under construction.

Altus Intervention
26/05/2014 18:17
Visualizações: 883 (0) (0) (0) (0)

Altus Intervention, previously known as Aker Solutions’ Well Intervention Services, has provided mechanical wireline services to Statoil since 1984. The new two-year contract extends the partnership until early 2017, and Altus Intervention estimates that the contract will generate revenues close to NOK 1 billion. 

“Statoil has the industry’s most ambitious recovery rate target for offshore oil and gas wells. We are proud to be able to support them in reaching their objectives, as we have been doing for 30 years. We have invested heavily into equipment, technology and training to continuously provide Statoil with the most effective onshore and offshore support available,” says Halle Aslaksen, president of Altus Intervention’s Scandinavian operation. 

The contract will occupy around 400 employees, of which approximately 60 per cent will support Statoils offshore operations. Altus Intervention will manage the agreement from its worldwide headquarters, in Stavanger, Norway. The company will also deliver onshore operational support to Statoil's field centres at Stavanger, Bergen, Stjørdal and Harstad. 

For offshore work, the contract comprises of mechanical wireline and some optional logging services on the following Statoil operated fields: Heidrun; Njord A; Grane; Gullfaks A, B and C; Heimdal; Huldra; Kvitebjørn; Oseberg B, C, East and West; Troll A; Veslefrikk; Visund A; and Volve. The contract also covers mechanical wireline work on the majority of the mobile drilling units Statoil utilise in the North Sea, this including Gullfaks satellites, Heidrun satellites, Hyme, Kristin, Mikkel, Norne, Oseberg, Tune, Snorre UPA, Snøhvit, Statfjord satellites, Tordis, Troll, Vega, Vigdis, Visund, Yttergryta and Åsgard. 

Under the new contract extension, Altus Intervention will perform all mechanical wireline work on the three new Cat D rigs Songa Equinox, Songa Endurance and Songa Encourage.

Altus Intervention is the North Sea market leader within well services. It offers wireline, wireline tractor, coiled tubing, LMS and logging services in Norway, Denmark and the UK. Its UK operation also offers pipeline and process services.

Well intervention services are carried out in an oil or gas well, with the objective of maximising production and increasing the recovery rate.

 

 

Most Read Today
see see
International
At OTC Houston 2026, Firjan SENAI holds international ed...
04/05/26
Recognition
BRAVA Energia receives top global industry award for Atl...
04/05/26
International
Brazil reaffirms technological leadership at OTC Houston...
04/05/26
Pre-Salt
PPSA closes 2025 with a net profit of R$ 30.1 million
04/05/26
Results
With 5.531 million boe/d, Brazil continues with record o...
04/05/26
International
Brazil reaffirms technological leadership at OTC Houston...
02/05/26
Environment
Brazil appears among world's largest methane emitters in...
30/04/26
PPSA
Federal Government receives R$ 917.32 million from Tupi ...
07/04/26
Study
Brazil increases dependence on thermal power, but lack o...
07/04/26
Permanent Offer
Permanent Production Sharing Offer (OPP): ANP publishes ...
07/04/26
Taxation
Infis Consultoria promotes the 4th Oil & Gas Taxation Se...
07/04/26
Green Hydrogen
Study at RCGI maps regions with the greatest potential f...
07/04/26
iBEM26
Goldwind advances in Bahia with factory in Camaçari and ...
27/03/26
iBEM26
Bahia showcases its bioenergy potential and reinforces i...
27/03/26
iBEM26
ESG practices in the renewable energy sector are highlig...
26/03/26
iBEM26
ABPIP highlights the role of independent producers in en...
26/03/26
iBEM26
Jerônimo Rodrigues highlights Bahia’s potential in the e...
26/03/26
Campos Basin
New oil discovery in the pre-salt of the Campos Basin
26/03/26
Royalties
Royalties: amounts related to January production for con...
26/03/26
iBEM26
iBEM 2026 begins in Salvador with debates on energy secu...
25/03/26
iBEM26
iBEM 2026 brings together specialists and discusses the ...
25/03/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.