Equinor incorporates another platform

Equinor has awarded Northern Ocean Wind AS a two-year firm contract for the use of the Deepsea Bollsta mobile platform on the Norwegian continental shelf.

The value of the contract for the firm period is estimated at approximately $335 million, with commissioning scheduled for the end of 2025. The contract also includes five one-year options.

«We have the ambition to maintain our production from the Norwegian continental shelf at a high level towards 2035, supplying the energy that Europe demands. Our ability to continually drill new wells is the key to this. There is still great resource potential in our producing fields. We also see attractive exploration opportunities in Norway,” says Kjetil Hove, Executive Vice President of Exploration and Production Norway (EPN).

Equinor strengthens its gas portfolio

Northern Ocean Wind AS is a company owned by Northern Ocean Ltd. Deepsea Bollsta will be operated by Odfjell Drilling. It currently operates three platforms for Equinor: Deepsea Aberdeen, Deepsea Atlantic and Deepsea Stavanger. The rig is currently in Africa and has been drilling in Namibia, but has a history of operations in Norway.

“We are pleased to continue our cooperation with Odfjell Drilling, which has demonstrated a strong culture of safety and performance. This will add flexible capacity to our drilling portfolio. We have an average of 25 active drilling operations on the Norwegian continental shelf. Drilling capacity is important to us as we plan to drill 50 to 70 recovery wells and 20 to 30 exploration wells annually,” says Erik Kirkemo, Senior Vice President of Drilling and Wells.

The value of the contract for the firm period is estimated at around $335 million, with start-up scheduled for the end of 2025.

Deepsea Bollsta is a sixth generation mobile platform for harsh environments and winterized.

The contract value does not include the integrated platform services or mobilization and demobilization costs.