Norway-based Reelwell AS has secured a multiyear contract with Vår Energi ASA for its DualLink powered digital drill pipe know-how.
The preliminary contract covers operations on Var Energi’s COSLPioneer rig for one yr, with the choice of 4 further one-year extensions, Reelwell mentioned in a information launch.
The contract additionally contains an choice to develop the scope to incorporate all Vår Energi installations throughout the North Sea, relying on future operational necessities, the corporate famous.
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Based on the discharge, the DualLink system integrates real-time telemetry with wellbore energy, “delivering enhanced operational management and making certain uninterrupted energy to downhole instruments”.
The know-how improves information transmission and ensures extra exact, dependable operations all through the drilling and wells course of, permitting Reelwell to supervise the gathering and evaluation of essential drilling information, “facilitating steady optimization of wellbore operations on the rig,” it mentioned.
Scotland-based properly companies know-how supplier Odfjell Know-how will act as a strategic associate to Reelwell AS. That is the primary contract because the two corporations introduced a collaboration in 2024, Reelwell mentioned.
Below the settlement, Reelwell will likely be liable for the general supply of the contract, whereas Odfjell Know-how will likely be liable for all the required drill pipe elements and equipment for the mission. The 2 corporations will oversee the upkeep necessities, whereas Odjfell Know-how will facilitate the logistics dealing with and on-site assist for the rig.
Reelwell CEO Svein Strømberg mentioned, “In the present day marks an essential milestone within the Reelwell journey. The contract with Vår Energi will see the DualLink system deployed offshore on the NCS for the primary time. With its distinctive skill to offer each real-time information and dependable downhole energy, DualLink has the potential to revolutionize not solely drilling however all the wells course of. From drilling and completions to interventions and past, our know-how empowers operators to reinforce effectivity, precision, and management. We’re delighted to embark on this journey with Vår Energi and our valued strategic associate Odfjell Know-how”.
Elisabeth Haram, Odjfell Know-how EVP for Effectively Providers mentioned, “We’re trying ahead to collaborating with Reelwell and Vår Energi on this technological step change, unlocking a big potential for future drilling and completion operations with the DualLink know-how. The usage of revolutionary powered wired drill pipe know-how and real-time information assortment will assist Vår Energi’s sustainability aims, lowering each carbon emissions and enhancing operational effectivity”.
Settlement with R&D Options
In the meantime, Odfjell Know-how has entered right into a cooperation settlement with Australia-based power business gear and companies supplier R&D Options, in a bid to develop the corporate’s presence in Asia Pacific.
R&D Options is a privately owned firm with a monitor file of 15 years offering drilling, completion, move management, intervention instruments and companies to the oil and fuel and geothermal markets, in accordance with a separate information launch. Headquartered in Perth, Western Australia, the corporate companies clients and repair companions throughout Australia, Asia, Canada, Europe and the USA.
“Increasing our status and relationships into Australia is a essential a part of our international progress technique. With sturdy localised operations already in place throughout Southeast Asia, we’re assured our new cooperation settlement with R&D Options will allow the identical wonderful degree of customer support and supply for the Australian power market,” Paul Toner, Odjfell Know-how Vice President for Center East and Asia Pacific, mentioned.
Odjfell Know-how mentioned it strengthened its plug and abandonment (P&A) and slot restoration providing with the acquisition of McGarian TDC Ltd. in 2024.
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