Reelwell AS, has secured a multi-year contract with Vår Energi ASA for the provision of its disruptive DualLink powered digital drill pipe technology. This is a milestone contract for Reelwell and Odfjell Technology, which will see the DualLink deployed offshore on the Norwegian Continental Shelf (NCS) for the first time.
Vår Energi ASA has confirmed an oil discovery in the operated Countach appraisal well near the Goliat field in the Barents Sea.
Vår Energi struck a similar supply deal with Germany’s VNG Handel & Vertrieb for the delivery of 5 bcm (176.6 bcf) of gas over 12 years.
The company has discovered gross recoverable hydrocarbons of up to 39 million barrels of oil equivalent (mboe) in the North Sea.
Vår Energi drilled a dry well in Barents Sea production license 1025 S.