HOUSTON & LONDON--(BUSINESS WIRE)--Jun. 18, 2018-- Baker Hughes, a GE company (NYSE: BHGE) announced today that the company was awarded an integrated well services contract to support a large proportion of Equinor's drilling and well construction activities in the Norwegian sector of the North Sea for an initial period of four years with options to extend by up to 10 years. This partnership aims to significantly improve operational efficiencies and reduce well costs over the life of the project through a holistic and collaborative development approach.
BHGE secured a large scope in the award and will be the main drilling and well services provider for the eight rigs developing Troll, Oseberg and Grane – three of the most prolific and active fields in the Norwegian Continental Shelf. Products and services will include integrated drilling services, drill bits, cementing and pumping, drilling and completion fluids, electrical wireline logging and completions. BHGE will also provide upper completions and mechanical well washing services for three other fields.