The planned relationship has a duration of five years with options for an additional four years in total.
Ingrid Sølvberg, Vår Energi EVP Technology, Drilling and Subsurface, said: “We are on track to deliver on our 2025 production target, an increase of more than 50% from today’s level. Combined with our exploration capabilities, teaming up with Halliburton will be a key enabler in meeting our ambitious long-term growth targets. Collaboration with strong partners will be a driving force in technology development, contribute to reducing costs and emissions, while also improving efficiency and HSE performance.”
