Aker BP ASA enters into separate drilling and well alliance agreements.

Aker BP ASA has entered into separate drilling and well alliance agreements, which both aim to drive ‘continuous improvement’ and create ‘greater value’, according to a company statement.

One of the agreements is with Maersk Drilling and Halliburton for jack-ups, and the other is with Odfjell Drilling and Halliburton for semi-submersibles. The agreements are scheduled to last for five years, and there is an option to extend for a further five years.

As part of the partnerships, the drilling and wells alliances will plan and execute sanctioned production and exploration drilling activities by using an integrated well delivery model.

Halliburton will provide Aker BP’s well construction activities performed from either a jack-up (Maersk) or semi-submersible (Odfjell) drilling unit, provided the model is approved in the respective licenses.

“The drilling and wells alliances will further strengthen our ‘one team’ approach and enhance integration and productivity along the value chain,” said Tommy Sigmundstad, Aker BP SVP Drilling & Wells, in a company statement.

“Strategic alliances with our suppliers in addition to the digitalization strategy are key enablers to our improvement agenda”, he added.

Jørn Madsen, CEO of Maersk Drilling, said the alliance would leveraging collective experience and capabilities to reduce waste across the value chain.

“Maersk Drilling is looking forward to utilizing our high performance jack-ups as a platform to implement digital solutions to improve drilling efficiency and lower total well cost for Aker BP,” said Madsen in a company release.

Odfjell Drilling CEO Simen Lieungh said the partnership with Aker BP was recognition of Odfjell Drilling’s capabilities to deliver safe and efficient wells.

Nagaraj Srinivasan, Halliburton Digital Solutions senior vice president, said the company looked forward to working with Aker BP and applying its digital approach to the alliance.

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