The portfolio will cover all needed services, including everything from drilling services to logistics and marine operations. The contract protfolio consists of the largest suppliers on the shelf. An important criteria for the evaluation of suppliers in this portfolio has been that they have made safe and cost effective deliveries over time.
Our goal with this product is to offer a flexible portfolio, where the operator selects which contracts to adopt, and for which project. One of the advantages of the concept is that the operators can streamline their planning process by access to market-based contracts, without even having to conduct time-consuming bidding processes.
Premier Oil is the first operator to use the portfolio for their well, Myrhauk, to be drilled in July with Maersk Guardian.