Altus Intervention wins frame agreement contract with Aker BP

November 10, 2016

STAVANGER, Norway -- Aker BP has awarded ALTUS Intervention a frame agreement contract for well intervention services consisting of casedhole wireline, slickline and tractor services on three production wells and one exploration well on Alvheim field.

The agreement runs for three years, but with options the agreement will have a total duration of nine years. Startup is scheduled for mid-December.

In addition to this award, ALTUS Intervention already holds well intervention technologies and services contracts with BP Norge, which will be transferred to Aker BP following the formal completion of the merger in December.

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