Equinor contracts Deepsea Bollsta rig for $335M, boosting Norway's energy production until 2035.

Norwegian energy firm Equinor has signed a two-year contract with Northern Ocean Wind AS for the Deepsea Bollsta rig, worth about $335 million, with potential five one-year extensions. The rig, designed for harsh environments, will operate on the Norwegian continental shelf starting late 2025, aiding Equinor's goal to maintain high production levels in Norway until 2035. This contract also includes a separate one-well project for Northern Ocean in Norway.

November 18, 2024
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