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: 802 (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
ADIPEC 2025
From energy to intelligence to impact: ADIPEC 2025 sets ...
07/11/25
ADIPEC 2025
ADIPEC 2025 Day 3: Energy, finance and technology leader...
07/11/25
Results
Petrobras reaches net income of R$ 32.7 billion in the t...
07/11/25
Cop30
IBP Advocates Global Criteria for a Just Energy Transition
07/11/25
Offshore
Decommissioning Takes Center Stage
07/11/25
Natural Gas
ANP Approves Action Plan on Gas Pipeline Transportation ...
07/11/25
ADIPEC 2025
AI is no longer a side project: Technology leaders at AD...
05/11/25
Environment
ANP Holds Workshop on Methane Emissions in Partnership w...
05/11/25
International Event
International Energy Event Opens Registration for Activities
05/11/25
RD&I
Norway and Brazil Launch New Joint Research Funding Call...
05/11/25
Partnership
DeepOcean and Jana Marine enter Saudi Arabia subsea part...
04/11/25
ADIPEC 2025
ADIPEC 2025: Industry calls for policy pragmatism, embra...
04/11/25
ADIPEC 2025
Johnson Matthey: Leadership and Innovation Driving the G...
31/10/25
OTC Brasil 2025
OTC Brazil connects the Equatorial Margin’s potential to...
30/10/25
OTC Brasil 2025
New Version of ANP’s Greenhouse Gas Emissions Dynamic Da...
30/10/25
OTC Brasil 2025
Port of Açu and IKM Advance Partnership to Create Brazil...
30/10/25
OTC Brasil 2025
Port of Açu and SISTAC Sign Agreement to Provide Decommi...
29/10/25
Royalties
Royalties from August Production Distributed to States a...
29/10/25
OTC Brasil 2025
iUP Innovation Connections Links Innovation Strategy to ...
29/10/25
ANP
Permanent Production Sharing Offer: Registered Companies...
29/10/25
OTC Brasil 2025
Firjan Showcases Technology and Innovation Solutions for...
29/10/25
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.