Odfjell Technology secures well services contract with HEYCO Energy Group
25/09/2024
Odfjell Technology Ltd, an integrated supplier of well services technology and engineering solutions, has been awarded a contract for onshore activity by energy portfolio company HEYCO Energy Group. The agreement will support Odfjell Technology’s long-term growth plans to expand its well services operations across continental Europe.
The contract will focus on the Viura Field in Northern Spain, where 85% of the country’s natural gas is produced. Odfjell Technology will supply two key services from its leading well services suite: tubular running services (TRS) and drilling tool rental, with the possibility of extending to wellbore clean-up services. These services will be delivered on up to three wells. Odfjell Technology’s TRS crew will be used to deliver the casing running works.
“Securing this contract with HEYCO Energy Group marks a milestone for Odfjell Technology’s well service strategic growth as we look to expand our presence in Spain and more widely across continental Europe,” said
Alex Gomoescu, Vice President of Continental Europe Well Services at Odfjell Technology. “Both companies are built with strong heritage and extensive experience at the core and we look forward to collaborating with HEYCO Energy Group to support its efforts with our innovative, class-leading well services offering.”
HEYCO Energy Group manages oil & gas exploration and development projects in the USA and Europe. The company has been strategically investing in oil & gas plays in the UK and Spain for more than 20 years.
“Odfjell Technology brings experience and operational excellence to our Viura Field development,” said Manuel Gervilla, Technical Director and DF – HEYCO Iberia. “We are proud to have them as part of our team.”
