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Author Archives: Stephen Whitfield

Equinor awards drilling, well services contracts for Bacalhau project in Brazil

The contracts with Baker Hughes, Halliburton and Schlumberger for work on the Bacalhau field are each scheduled to last four years with additional two-year options. Under the terms of the contracts, Baker Hughes will provide drilling and completion services, Halliburton will provide intervention services and Schlumberger will deliver wireline services.

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Mock negotiation highlights common sticking points in standard drilling contracts

While the IADC Daywork Drilling Contract has done much to help streamline the process of signing a contract for a drilling rig, there are areas in the contract where negotiation may be necessary. Indemnities, self-insurance and the scope of coverage are among the provisions most often in dispute in negotiations between operators and contractors.

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