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REELWELL has secured a multi-year contract with Var Energi for the provision of its DualLink powered digital drill pipe technology.
This is a milestone for Reelwell and Odfjell Technology, as it will deploy the technology offshore on the Norwegian Continental Shelf for the first time.
The initial contract covers operations on the COSLPioneer rig for one year, with the option of four additional one-year extensions.
The contract also includes an option to expand to include all Vår Energi installations across the North Sea. Reelwell will be responsible for the overall delivery of the contract, including the provision of its DualLink technology.
Odfjell Technology will be responsible for all necessary drill pipe components and accessories, as well as maintenance requirements.
Svein Strømberg, CEO, Reelwell said: "Today marks an important milestone in the Reelwell journey. The contract with Vår Energi will see the DualLink system deployed offshore on the NCS for the first time. With its unique ability to provide both real-time data and reliable downhole power, DualLink has the potential to revolutionise not only drilling but the entire wells process. From drilling and completions to interventions and beyond, our technology empowers operators to enhance efficiency, precision, and control. We are delighted to embark on this journey with Var Energi and our valued strategic partner Odfjell Technology."