Oil major BP, oilfield services provider Baker Hughes, and offshore driller Odfjell Drilling have entered into a tripartite agreement to work together to transform platform drilling and completions activity at the Clair field – the largest oilfield in Western Europe.
The three companies said in a joint statement on Thursday that, with this new five-year agreement, with the option to extend for a further four years, the Clair alliance aims to improve production across Clair, initially targeting a 15 per cent increase in average annual production on Clair Ridge, the second phase development of the field.
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