Baker Hughes bags contract

By Beate Schjolberg

 23 August 2012 22:59 GMT

Baker Hughes has secured a deal from Statoil to provide integrated drilling services at 25 Norwegian offshore fields, writes Beate Schjolberg.

The two-year contract is worth Nkr3 billion ($509 million), and can be extended for up to four years.

The work includes directional drilling, measurement-while-drilling, logging-while-drilling and mud logging, as well as round-the-clock onshore support and drilling engineering services at fields in the North Sea, the Norwegian Sea and the Barents Sea.

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