Aberdeen oil service company Omega Completion Technology has secured a completions framework contract with Statoil for its downhole completion solution.
The deal covers Omega’s remotely activated completion technology (ReACT) to all 35 Statoil assets in the Norwegian Continental Shelf (NCS) for initial period of two years with an option for additional six years to follow.
The company first delivered the technology to the Norwegian major 10 years ago and has provided completion equipment for more than 30 Statoil wells.
“This is a great milestone for Omega in Norway and very well timed, as confirmation was received on the first anniversary of the business operations in Norway,” said Fredrik Harestad, general manager for Omega Completion Technology.
“The contract award is a result of dedication, teamwork, our unique technology offering and successful operations over many years.
“It shows that Statoil has acknowledged Omega as a leading supplier of unique completion equipment.”