Fresh multi-year extension for UK firm covering Equinor’s oil & gas assets off Norway
Aberdeen-headquartered Tendeka, a specialist in advanced completions, production solutions and sand management for the oil and gas industry, has inked a multi-year extension deal to provide sand and inflow control technology across Equinor’s oil and gas assets on the Norwegian Continental Shelf (NCS).
Tendeka revealed earlier this week that it had signed a new multi-year contract extension, which would enable it to “exclusively deliver” standardised sand-face completion equipment across all Equinor’s assets on the NCS. This deal builds upon the previous relationship between the two players, including the three-year contract the two firms inked in 2019, which enabled Tendeka to provide sand screen services to the Troll field.
Commenting on this, Brad Baker, CEO at Tendeka, remarked: “This is real recognition for the work our team has delivered to Equinor for more than a decade. It’s also recognition of our drive for innovation on this project and both teams’ joint approach to implementing sustainability measures that can make a difference.”
The UK-based company explains that this agreement, which includes options for further extension periods, will see it manage the complete sand and inflow control equipment supply chain through standardisation. No financial details about this deal were disclosed at this point.
Karianne Amundsen, Tendeka’s Scandinavia Area Manager, stated: “This award is a result of a wider standardisation initiative which will enable improved logistics, reduced waste and shorter lead times. We look forward to continuing our collaboration and delivering great results for Equinor’s assets to support the company in their strategy of creating long-term value in a low carbon future.”
Aside from sand and inflow technologies that will be supplied under this contract, Tendeka provides advanced completions and production optimisation, offering technologies such as FloSure, FloFuse and PulseEight EAV.
Equinor has multiple assets in Norway and is responsible for 70 per cent of the country’s oil and gas production. The Norwegian state-owned giant’s portfolio of operated assets on the NCS includes Gina Krog, Grane, Gullfaks, Heidrun, Heimdal, Johan Castberg, Johan Sverdrup, Kristin, Kvitebjørn, Martin Linge, Njord, Norne, Oseberg, Sleipner area, Snøhvit, Snorre, Statfjord area, Troll, Valemon, Visund, Åsgard, and Aasta Hansteen.
Regarding Equinor’s most recent activities related to its assets on the NCS, it is worth noting that the Norwegian firm awarded a multi-year contract to Bristow Group earlier this month for search and rescue (SAR) services.
When it comes to Equinor’s activities elsewhere, the company recently revealed plans to replace diesel with natural gas as the main fuel for power generation at a field off Brazil.
This will enable the Norwegian giant to reduce the carbon footprint from its operations with fuel substitution.