Add Energy’s Well Control celebrates 3 year Framework Agreement with Statoil

Add Energy’s Well Control & Blowout Support has secured a framework agreement with Statoil Petroleum AS for Well Planning, Blowout and Kill Simulations. This framework agreement will provide specialist services to Statoil over the next 3 years with an agreed optional extension of 2 periods of 1-year extension

Under the agreement, Add Energy will be responsible for the provision of blowout simulations, kill simulations, emergency response, risk evaluations and general studies related to special well operations, completion work and production related engineering. The contract will apply to any license on the Norwegian Continental Shelf (NCS) where Statoil is the operator as well as any operations out with Norway; if required.

Morten H. Emilsen, Senior Vice President of Add Energy commented: "We are pleased to be awarded this contract allowing us to continue supporting Statoil with specialist services related to well control and blowout support”

“Over the past few years, we have strategically developed our well control services in line with industry and company specific requirements; enabling us to deliver tailored solutions that are focused on safety, efficiency and cost effective drilling operations. We are extremely grateful that Statoil value our competence and specialist services."