Independent well completion and intervention technology developer and manufacturer Omega Completion Technology has secured a completions framework contract with Statoil.
The ReACT signalling method provides a means to remotely activate downhole completion equipment without the need for costly and complex intervention operations. The technology is a reliable, industry-recognised solution providing both a primary and back-up remote actuation functionality and mechanical contingency option. Fredrik Harestad, general manager for Omega Completion Technology AS commented: “This is a great milestone for Omega in Norway and very well timed, as confirmation was received on the first anniversary of the business operations in Norway. The contract award is a result of dedication, teamwork, our unique technology offering and successful operations over many years. It shows that Statoil has acknowledged Omega as a leading supplier of unique completion equipment.”
