Neptune Energy hands out $100m drilling support contract

London-headquartered operator Neptune Energy has awarded a contract worth more than $100m to fabricator Tenaris to provide equipment and services in support of drilling activities on the Norwegian Continental Shelf.

The contract covers the manufacture, transport, handling and repair of a broad range of casing materials used in offshore drilling.

Initial work will include support for one exploration well and one appraisal well in the Neptune-operated Gjøa area in the Norwegian Sea in 2023.

The five-year contract has two two-year extension options.

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