Equinor has awarded three of the largest service providers, Halliburton, Schlumberger, and Baker Hughes, contracts for drilling and well services for the Bacalhau field in Brazil, according to a press release.
The three contracts are estimated at $455 million in total. In terms of longevity, the contracts have a firm period of four years and two two-year options.
Peggy Krantz-Underland, Equinor’s chief procurement officer, said, “The awards build further on our positive cooperation experience with the three selected suppliers in our projects worldwide. They will be essential to ensure safe and efficient drilling and well operations on the Bacalhau field.”
The contract awarded to Baker Hughes covers drilling services and completion. Halliburton’s scope of work will include intervention services and liner hanger, while Schlumberger will deliver wireline services.
Although the contracts were awarded by Equinor (40% operator), it was a joint decision with its partners ExxonMobil (40% operator) and Petrogal Brasil (20% operator).