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03 AUG 2026 MONDAY
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Norwegian rig owner and operator Island Drilling has won a long-term contract from Equinor for plug and abandonment work on the Norwegian Continental Shelf. The contract, starting in the first quarter of 2026, is for a firm period of three years plus five one-year extension options. The firm deal, involving the Island Innovator semisub rig, is worth about $330m and includes mobilisation, integrated services and modifications. Island Drilling said the new award would have positive implications for the region, including the employment of an additional 10 to 15 staff onshore in Bergen and Stavanger and between 80 and 100 new employees offshore. In related P&A contract awards, oilfield services player Archer revealed a deal with Equinor on Friday for the Snorre UPA and Heidrun B and C templates. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsNorway
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news Splash247 ·2025-03-28

Island Drilling scores Equinor contract

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