DeepWell to supply Wireline Services under the LWI contract between Equinor (RLWI 2020)

On June 19th, 2018 a contract for provision of Light Well Intervention Services for Equinor was awarded AKOFS for the vessel AKOFS Seafarer. The contract includes provision of intervention services together with DeepWell and Welltec, commencing March 2020. The fixed contract is for 5 years with an optional period of 3 years. DeepWell’s scope includes provision of all wireline and basic logging services, together with operational support and crews. DeepWell’s contract value for the initial period is MNOK 250 +

“The award represents another strategic milestone for DeepWell and an extension of our scope and capabilities”, says CEO, Rolf M Leknes. He also expresses his excitement related to the anticipation of cost efficiency resulting from the technical solutions and operational model that is developed for performance of the work.

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