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Statoil signs NOK120m Letter of Intent for next - generation EC - Drill ® from Enhanced Drilling

OFFSHORE technology provider AGR Enhanced Drilling, via its subsidiary Ocean Riser Systems, has entered into a NOK120m (USD20m) Letter of Intent (LOI) together with Statoil to deliver the next-generation EC-Drill® Managed Pressure Drilling system.

This latest contract will replace a purchase order made last year, when Statoil joined with Norway-based Enhanced Drilling to further develop its EC-Drill® Managed Pressure Drilling (MPD) solution for floating rigs. The initial phase of the project was worth US$5.1m.

The next-generation EC-Drill® system incorporates state-of-the-art control system capability, enhanced riser integration and multiple other features. Testing of the system is due to commence in the autumn and it will eventually be used on the Norwegian Continental Shelf.

Download the press release here... (PDF)

Press contact

All media inquiries should be directed to VP HSEQ & Delivery/General Manager Mark Henskens.

Mobile: +47 91 10 16 43

Email: mahe@enhanced-drilling.com


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