Independent exploration and production (E&P) company ConocoPhillips Skandinavia has awarded Halliburton a five-year contract to provide comprehensive well stimulation services.
The contract, which also includes options for three extensions, is aimed at enhancing well performance and reservoir productivity in the North Sea.
Halliburton, a global provider of products and services to the energy industry, will be responsible for transforming Tidewater's ship the North Pomor into a stimulation vessel.
This upgrade is designed to offer efficient offshore well stimulation services, incorporating Halliburton's Octiv digital fracturing services to optimise equipment performance and operational efficiency.
Halliburton Completion and Production senior vice-president Mark Dawson said: “We are pleased to strengthen our long-standing relationship with ConocoPhillips through this important award.
“This contract win complements our extensive experience in well stimulation and highlights how we execute globally. The combination of our latest technology and our focus on automation and safety is how we maximise value for our customers.”
ConocoPhillips, operating in 15 countries, integrates various efforts to efficiently discover and produce oil and natural gas.
Earlier in the year, ConocoPhillips, under production licence 891, finished drilling a second appraisal well, 6507/5-12 S, at the Slagugle oil discovery in the Norwegian Sea.
The Slagugle oil discovery was initially proven in 2020, with preliminary estimates suggesting resources in the range of 30.8 million barrels of oil equivalent (mboe) to 61.6mboe in Triassic reservoir rocks.
