Baker Hughes Awards Two Contracts from Vår Energi

Baker Hughes Awards Two Contracts from Vår Energi

Baker Hughes announced that it has awarded two contracts for supplying technology from Vår Energi which  expand its regional presence in the North Sea for exploration logging, well intervention technology and subsea production systems.

The first contract, a nine-year engagement, during which Baker Hughes will supply all exploration logging solutions to support Vår Energi development to its prospects in the Norwegian Continental Shelf.

The agreement will have a powerful impact to the company’s carbon reduction efforts on its operations. 

For the second contract Baker Hughes will deliver bespoke Balder field vertical tree system, a which is needed for the complexities of this field. This deal will last for 15 years including the support for existing Balder legacy wells and any future developments in the Balder area.

This pivotal engagement is anchored by Baker Hughes’ distinct Norway delivery model, a multimodal site in Dusavik, Stavanger, that ensures a forward-looking local future for Norway’s oil and gas industry.

“Baker Hughes has an extensive and successful history of creating value for customers in Norway and the North Sea,” said Maria Claudia Borras, executive vice president, Oilfield Services & Equipment at Baker Hughes. “The two long-term contract awards from Vår Energi enable us to deploy our superior portfolio not only in well intervention, but also in exploration logging and subsea production. Combining our technology, our exceptional regional expertise, and our dedication to a world-class customer experience ensures successful outcomes for both companies.”


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