Aberdeen-based production and integrity evaluation specialist READ Cased Hole (READ), has been awarded a multi-million-dollar contract by Danish energy giant, Maersk Olie og Gas A/S, which is part of the multinational Maersk Oil energy company, and the A.P. Moller-Maersk Group.
The dual-award, five-year contract, with an optional three-year extension, appoints READ as the primary service provider for cased hole logging services, including production evaluation and well integrity domains, which would be delivered across Maersk’s assets in the Danish North Sea.
“We are confident that the range of production and well integrity solutions READ will continue providing will be instrumental for Maersk’s success as the market leader in mature well management and recovery,” Roy Martin, CEO of READ, said.
Maersk Oil produces a mixture of oil and gas oil from 15 fields in Denmark. Its biggest partnership is the Danish Underground Consortium (DUC) where 85% of the oil and 97% of the gas export in the country stems from.
Source: www.worldoil.com
