Equinor awards KCA Deutag over $450 million of drilling and maintenance contracts

Equinor awards KCA Deutag over $450 million of drilling and maintenance contracts

13 March 2024

KCA Deutag, a leading drilling, engineering and technology partner, has secured new contracts and extensions worth a total value in excess of $450 million from Equinor in Norway.

In addition to a four-year extension for their existing contract scope covering five platforms across the Oseberg and Kvitebjørn fields, KCA Deutag has also been awarded additional work to deliver drilling, maintenance and engineering services to a further two platforms.

The additional scope, covering the Njord and Heidrun platforms significantly strengthens KCA Deutag's presence in the Norwegian North Sea where the company also has a separate agreement with Equinor for the management, operation and maintenance of the Askepott and Askeladden Cat J jack-up rigs.

Ole Maier, President of Offshore, commented: "This award of an additional scope as well as a contract extension underscores the strong performance of our teams in Norway and our dedication to delivering innovative solutions and technology that improve the efficiency and safety of Equinor's operations.

"We look forward to the continuation of our successful collaboration with Equinor as we collectively strive to ensure a safe and sustainable energy future."