Tenaris has received a multi-year contract worth more than $100m from Neptune Energy for the supply of equipment and services to support drilling activities on the Norwegian Continental Shelf.
The contract is valid for five years and comes with a pair of two-year extension options.
Neptune Energy Supply Chain Management & Logistics Norway head Kjell-Petter Schou Andreassen said: “The new contract strengthens our collaboration with Tenaris, which has supported our strong operational and safety performance across all of our drilling activities.”
Under the contract, Tenaris will manufacture, transport and provide pipe-handling and repair services for a range of casing materials used in offshore drilling activities.
The casing materials include high alloy casing with connections such as TenarisHydril Blue, Blue Quick Seal and Blue Max, as well as high-performance conductor casing with TenarisHydril BlueDock weld-on connectors.
This will initially support an exploration well and an appraisal well in the Neptune-operated Gjøa area in the Norwegian part of the North Sea this year. The contract became effective last month.
Tenaris Norway country manager Christer Andersen said: “Tenaris is delighted to have been selected as Neptune`s partner for the supply of OCTG tubulars and services.
“We look forward to continuing to add value to Neptune’s operations in the years to come with our global industrial footprint, state-of-the-art technology and our advanced, low-carbon product portfolio.”
In August last year, Neptune made a discovery at the Ofelia exploration well, near the Gjøa field in the Norwegian North Sea.
In its annual report for 2022, the company stated that it will drill an appraisal well at the Ofelia discovery in the third quarter this year, followed by an exploration well at the Cerisa prospect.