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Aker BP forms drilling alliance

Nov 21, 2017
2 min read
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Aker BP has entered into two separate alliance agreements, one with Maersk Drilling and Halliburton for Jack-Ups, and one with Odfjell Drilling and Halliburton for semi-submersible.

The framework agreements are for five years with the option to extend for a further five years. The main objective of both partnerships is to increase productivity and efficiency of the drilling process.

The intent is that the Drilling & Wells alliances will plan and execute sanctioned production and exploration drilling activities by using an integrated well delivery model; a “Drilling & Well Alliance”.

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 & Wells alliances will further strengthen our One Team approach and enhance integration and productivity along the value chain. Strategic alliances with our suppliers in addition to the digitalisation strategy are key enablers to our improvement agenda,” said Tommy Sigmundstad, SVP Drilling & Wells in Aker BP.

Both alliances are formed under the “one for all, all for one” collaboration model where the partners align around common goals to drive continuous improvement and create greater value for all. Aker BP said in a statement that it is committed to increase the productivity, quality, flow- and time efficiency throughout the value chain. Strategic alliance relationships are an integral part of this strategy.

“With this alliance and the unique integrated well delivery model, we are leveraging our collective experience and capabilities to reduce waste across the value chain. Maersk Drilling is looking forward to utilising our high performance jack-ups as a platform to implement digital solutions to improve drilling efficiency and lower total well cost for Aker BP,“ added Jørn Madsen, CEO of Maersk Drilling.

“We look forward to working with Aker BP and to applying our digital approach to this alliance. Our Digital Well Program™ built on an open community will enable Aker BP and other service providers to better collaborate and align around the oil and gas digital twin for lean process execution and optimal drilling decisions,” said Nagaraj Srinivasan, Senior Vice President, Landmark and Halliburton Digital Solutions.”