Tyrfing Innovation joins Norwegian P&A and slot recovery alliance.

 

The alliance, formed by Odfjell Energy and Odfjell Well Services, aim to provide all services needed to successfully execute projects within P&A or slot recovery operations.

Full press release:

Odfjell Energy and Odfjell Well Services (business areas within the Odfjell Drilling Group) have today announced the launch of a plug and abandonment (“P&A”) and slot recovery alliance with leading companies within the energy industry (the “Odfjell Collaboration Alliance”). The agreement has an initial duration of two years but can be extended.

The aim of the Odfjell Collaboration Alliance is to provide a complete service offering of rig, modular rig, jacking unit, wireline, plugs and all other services needed to successfully execute projects within P&A or slot recovery operations. The focus will be initially in the Norwegian market, with ambitions to expand beyond the Norwegian Continental Shelf.

The Odfjell Collaboration Alliance is managed by Odfjell Energy and Odfjell Well Services. The members include TCO Group, Ardyne, Wellstrøm, Altus Intervention, Control Cutter, JWS Gruppen, Tyrfing Innovation, InterWell and Innovar Solutions.

“We are delighted to announce the launch of this strategic alliance, a move which will provide a high-quality oil service solution within the energy market. Each member was chosen for their strong history, forward-thinking approach and commitment to quality, and brings their unique area of expertise to support the P&A or slot recovery activities. We are confident that the multi-operator approach will lead to cost-effective solutions that will benefit our clients,” says SVP Innovation and Development, Kurt Meinert Fjell, Odfjell Energy.