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A new joint project has recently completed a ground-breaking subsea wellhead foundation contract in the Carnarvon Basin, writes Mark Pointon. A new Australian/Norwegian partnership - involving Woodside Energy, ICON Engineering, Neodrill AS and Siem Offshore Australia - has successfully installed and recovered a Conductor Anchor Node, the CAN-ductor, at Woodside Energy’s Ferrand-1 exploration well, which is located in Block WA-404-P, approximately 260 km north-west of Dampier, Western Australia. ​ Perth-based ICON Engineering Pty Ltd teamed up with Neodrill AS to fabricate and install the device using the Siem Offshore vessel Siem Amethyst. A spokesman said it was a logical tie up for Neodrill to partner with ICON, which has a 21-year history of offshore installations and engineering solutions. ​ In doing so, the project set a number of firsts for the CAN-ductor Anchor Node, an innovative cost-saving drilling initiative for exploration wells and production wells. ​ The Ferrand-1 well, at 1500 m, is the deepest that the CAN-ductor has been used to date; it is the first in the Southern hemisphere and the first to be deployed and recovered from an anchor-handling vessel (AHTS). ​ Woodside’s ‘Punch and Go’ concept ​ At the OTCAsia conference in 2016, Woodside Energy chief science and technology manager Neil Kavanagh spoke of a new technology Woodside was developing that would help lower costs, called the “Punch and Go” concept. It was devised from a study the company undertook to examine the drilling of subsea exploration wells from a light intervention vessel. ​ “All we want to know is, is there a reservoir, how thick is it, and are there hydrocarbons inside?” said Mr Kavanagh. He continued, “Taking some of the work that has been going on around the world, we asked the question, could a lightweight intervention vessel using a pre-installed conductor and surface casing drill into a reservoir and drill a very slim hole? What we learned is the answer to that question is yes.” ​ “We asked, could a lightweight intervention vessel using a pre-installed conductor and surface casing drill into a reservoir and drill a very slim hole? We learned is the answer to that question is yes.” ​ Neodrill/ICON Conductor Anchor Node ​ The first project to use the “Punch and Go” concept was completed in late July 2018, using the Norwegian Neodrill AS patented suction-based Conductor Anchor Node. The technology was developed to provide the option of pre-installing drilling conductors from anchor-handling or light construction vessels, instead of the costlier drilling rigs, thereby significantly reducing drilling costs. This type of anchor node is in principle a combination of a specially designed suction anchor and a centrally placed single length of conductor. The advantages of the system are that it reduces operational and technical risk by providing a strong well foundation with verified load capacity. ​ ICON managing director David Field said pre-installing a Neodrill CAN-ductor with a light vessel (like the Siem Amethyst), instead of a drilling rig cut days from the rig time required to safely drill offshore wells. “This is in addition to the higher operational and accidental well load capacities, fatigue risk mitigation and reduced environmental footprint [that the unit provides]”, he said. At the time the project was awarded in 2017, Neodrill chief executive officer Jostein Aleksandersen said “The CAN-ductor has proven to save three to four rig days, including plugging and abandonment (P&A) operations.” He further explained that “its ability to be deployed by a less expensive vessel, such as an AHTS or construction support vessel means the operator’s drilling budget can be reduced, whether they are exploration or production wells. ​ CAN-ductor deployment Manufactured in Batam Indonesia, the 16 m CAN was loaded onto the Siem Amethyst for installation in February 2018. Siem Amethyst is a 91 m dynamically positioned (DP) AHTS that has powerful 28,000 bhp engines and a bollard pull of 297 tonnes. During installation, the Amethyst’s fully redundant DP system was used to accurately keep the vessel in the required position and provide a platform for the remotely operated vehicle used in the deployment process. ​ The suction anchor is deployed once lowered to the seabed using the vessel’s anchor-handling winches. When in position, with its 16 m body embedded on the sea floor, the centre conduit is used to accommodate the conductor and provide its necessary top support. This operation was carried out ahead of the drilling Rig MS-1’s arrival and removed the 36” and 42” hole drilling, conductor running, and cementing operations from its drilling schedule. ​ Speaking after the unit was successfully recovered and returned to Dampier Western Australia, in July 2018, marine manager for Siem Offshore Australia Charlie Baker said: “Siem is delighted to be involved in the first CAN-ductor project in the Southern hemisphere. We quickly identified this as a real opportunity to demonstrate that our high-spec large anchor handlers, with integrated Itech7 –WROV (Work Class Remotely Operated Vehicles) are extremely versatile vessels. ​ “This particular project required a real collaboration from all parties, a true team effort. It was stimulating during the planning phase and exciting for it be executed with such a great success. Woodside, ICON, Neodrill and Siem have established that this form of subsea infrastructure is successful.” ​ To view the article in the OSJ click here

The world's deepest installation of a CAN-ductor (Conductor Anchor Node suction pile with integrated conductor) well foundation has been completed after being successfully recovered from Woodside Energy's Ferrand-1 deepwater exploration well in the Carnarvon basin, offshore Western Australia. The CAN-ductor was designed, supplied, installed and recovered by a venture comprising Norwegian developers Neodrill AS and Australian offshore installation contractor ICON Engineering Pty Ltd using a Siem Offshore Anchor Handling Tug in a water depth of 1,492 m.The CAN-ductor replaced the traditional well conductor casing, and provided significant additional structural capacity for the high pressure, high temperature well drilled in relatively weak soil. Its use reduced the number of rig days compared to the traditional method of installing the surface conductor and wellhead, and eliminated the HSE risk of lifting and landing numerous joints of heavy conductor.The recovery of the CAN after the completion of the well allows for its re-use in other wells. The 16-m high, 6-m diameter CAN-ductor was pre-installed in February 2018 in preparation for the semisubmersible drilling rig's later arrival in April for the drilling operations. ​ This content is from an article in World Oil magazine, published on the 11th October 2018. To view the original article, please click here.

As we enter the next phase of growth, we are delighted to welcome Martin Doig to the company as Business Development Manager, UK. Martin has over 30 year experience in the oil and gas industry. He has held engineering and managerial roles with operating companies and has a variety of experience with service providers, holding positions in Drilling Engineering, Business Management, Product Research & Development, Business Development, Procurement and Project Management. His skills cover many disciplines from well delivery to drilling waste processing and completions. ​ Martin, who joined the company on the 1st November, will focus on growing the business and opportunities for CAN technology in the UKCS. He will be based in Aberdeen.

Estimated market for Neodrill in Australia and New Zealand is $3-5 million USD Neodrill’s CAN-ductor for Woodside on its Ferrand-1 project in Western Australia in 2018 Tim Dallas has almost 30 years experience in the oil and gas sector, with 17 years focused on the Australian and wider APAC region Stavanger, 13 November 2019 – Today the innovators in pre-rig technology, Neodrill, announced it is bringing its CAN (Conductor Anchor Node) technology to Australia and New Zealand. To support this new phase of growth, the role of business development manager for the region has been created. The position has been filled by Tim Dallas, a business development expert with almost 30 years of experience in the oil and gas sector. ​ Neodrill’s technology is applicable under all well conditions and water depths. This adaptability is particularly useful in areas, like Western Australia, where there is a wide range of water depths and sea conditions. In the North West shelf waters can range from 50m to 1300m, with some newer exploration areas reaching further depths. With a strong commitment among operators in the region to high environmental standards, the technology’s green credentials will be a key selling point. A recent Lifecycle Assessment by Asplan Viak found that the environmental impact of the CAN-ductor is between 21 – 44% less than that of a conventionally drilled well. ​ In 2018, Neodrill partnered with Woodside Energy on its Ferrand-1 exploration well in Western Australia. At 1500m, it was the deepest CAN-ductor installation to date and led to significant cost savings with 3-4 rig days saved from the drilling schedule Commenting on the appointment, Neodrill’s Chief Executive Officer, Jostein Aleksandersen said: “Australia is a heavily regulated region and companies exploring for oil and gas are committed to minimising their environmental impacts. We are very proud to be playing a role in helping the industry transition to cleaner, safer and greener processes. ​ “We have already shown the ability of our technology in the region, with our deepest ever Can-ductor installation on the the Ferrand-1 exploration well. We look forward to working with more partners across the region – and setting new records for our technology.” ​ Tim Dallas, Business Development Manager APAC, said: “The CAN is an innovative adaptation of the long-established suction anchor technology. It is applied in a way that provides a step change in the approach to well design and installation. Not only does it reduce cost, but it provides the advantage of easy and effective decommissioning of an exploration well, with the added advantage of re-use. I am very proud to bring Neodrill’s CAN Technology to the Australian and New Zealand markets.” The Neodrill team is currently attending the Australia Subsea Technology Conference in Perth, which is run by Norwegian Energy Partners (NORWEP).

Announcement follows success of the Cambo appraisal well, where a CAN-ductor established strong well load capacity under extremely soft seabed conditions in deep water Optimisation study will investigate the CAN’s size relative to its load capacity Siccar Point says ‘the CAN-ductor significantly reduces the drilling scope and can deliver tighter time and cost performance’ Stavanger, 29 August 2019 – Today the innovators in pre-rig technology, Neodrill, announced a new contract with Siccar Point Energy for an optimisation study on the CAN-ductor as part of the Cambo field development. The study was awarded following the success of the Cambo appraisal well in 2018, which saw Neodrill’s CAN-ductor deliver a strong well foundation under extremely soft seabed conditions in deep water. ​ Neodrill’s engineering team designed and developed a 32x20” CAN-ductor to meet the appraisal well’s challenging conditions. Installed at a water depth of 1,082 m, and a final inclination of just 0.20 degrees, the project was successfully carried out under challenging weather conditions. Colin Higgins, Wells Manager at Siccar Point commented ‘the CAN provides great inertia to the operation. When the rig arrives on location it can wake up the transponders, run the 17 ½” assembly from the derrick and drill to approximately 840m in the first 36 hours.’ ​ As the conductor is installed prior to rig arrival, the CAN-ductor typically removes 2-4 rig days per well and alleviates the need for the heavy lifting of tubulars. “The top hole section of each well has very high levels of time and cost uncertainty for deep water drilling. As the CAN-ductor eliminates this completely, it was a key selling point for us” said Colin. Explaining the reason the CAN-ductor was selected, Colin said “It was due to the total value offered by the CAN and not an individual benefit in isolation.’ As well as cost savings and increased safety measures, there are also substantial environmental benefits to the technology. The environmental impact of the CAN-ductor is between 21 – 44% less than that of a conventionally drilled well for top hole activity. CO2 emissions in particular are decreased by 32%*. ​ The new optimisation study will look at the CAN design, with a view to examining how to deliver the required load capacity for the lifetime of the production wells. Furthermore certain Subsea Production Systems equipment will be integrated into the CAN-ductor as part of the analysis. ​ Commenting on the ongoing partnership with Siccar Point, Neodrill’s Chief Executive Officer, Jostein Aleksandersen said: “Cambo was an important project for us. As our second deployment in the UK North Sea, we demonstrated the adaptability of our technology under challenging conditions. We successfully installed our longest CAN in deep water during February in the West of Shetland – this is not an easy task. ​ “The success of this project is proof that Neodrill is a problem solver for operators who are experiencing challenging issues with the seabed conditions. ​ “We are are looking forward to the optimisation study and are grateful for the opportunity to put our industry-leading technology to the test once again. As a company that embraces smarter, greener and safer technology, we share many values with Siccar Point Energy and are very proud of our ongoing partnership.”

Agreement will see InterMoor support Neodrill with local project execution and installation support InterMoor has over 15 offices worldwide and is a specialist in providing mooring, foundations and subsea installation services Stavanger, 09 DECEMBER 2019 - Neodrill, the leader in pre-rig technology solutions, has announced a global cooperation agreement with InterMoor - the global provider of mooring, foundations and subsea installation services. ​ Effective immediately, the new partnership is a global non-exclusive agreement that will see InterMoor support Neodrill with project execution, installation services and business development of its CAN technology. Specialising in the deployment and recovery of a wide range of subsea hardware, including suction anchors, the new contract will see InterMoor utilise its capabilities and experience to execute projects by providing project management, fabrication services, logistics, and delivering offshore operations for the CAN technology. ​ InterMoor has a global presence, with offices in key regions for Neodrill including Asia Pacific, West Africa, the Gulf of Mexico, Latin America and the North Sea. Commenting on the news, Neodrill’s Chief Executive Officer, Jostein Aleksandersen said: “In 2019 we experienced a huge amount of client growth and entered a number of new markets – including Australia, the Gulf of Mexico, and South East Asia. To properly serve this new growth we need to invest in new collaborations, and nurture our infrastructure, so that we are set up to operate at scale. “As leading subsea services experts, InterMoor is a natural fit for a global partnership such as this. We look forward to working with the InterMoor team to bring our industry-leading CAN technology to our clients.” Tom Fulton, Chief Technology Officer, InterMoor said: “We are excited about this new cooperation agreement with Neodrill. InterMoor’s solid project management experience and our track record of years of offshore installation campaigns are the perfect match to develop new markets and deliver international projects for Neodrill’s CAN technology.” -ENDS-

We are pleased to announce that Rasmus Stølsmark has joined the Neodrill team as a Senior Project Engineer. Rasmus brings with him a wealth of experience in product design and development, including concept and detail engineering, 3D modelling, analysis, as well as, production and testing. Joining our expanding Projects and Engineering team, his focus will be on supporting projects and to take part in the continuous innovation of new technologies and ideas. ​Rasmus holds a BSc in Mechanical Engineering and an MSc in Offshore Technology from the University of Stavanger. He has nearly 10 years of experience in the oil and gas sector with ROV technology. Commenting on his new role, Rasmus said: “Coming from a large international company, it was the ambition and drive of the rapidly-growing Neodrill team that attracted me to the role. As an engineer, the possibility to design a new product that has the potential to truly change the sector is a chance you cannot say no to.” Jostein Aleksandersen, CEO, commented: “This year we celebrate our 20th anniversary and a key reason behind our success is investing in the right people. As a product developer with extensive experience, Rasmus will play an important role in looking at how we can bring even more efficiencies to our industry-leading CAN technology. Welcome to the team.”

Wellhead Saver System (WSS) will redirect bending forces from the BOP away from the wellhead Drift-off is becoming an increasingly prominent issue due to increased use of deepwater rigs in shallow water WSS will reduce idle rig time, cut costs and deliver HSE benefits Stavanger, 21 February 2020 – Neodrill, known for its industry-leading CAN technology, has launched its new Wellhead Saver System. Designed to directly address the industry challenge of drift-off, it is estimated that the new solution will deliver savings in the order of 6 to 12 rig days on a typical well. Enhanced health and safety benefits are also a key part of the technology. ​ When deepwater rigs are used under shallow water conditions, the forces and bending moments from the BOP and riser are placed on the wellhead. The new WSS adapts the established CAN well foundation to redirect the bending forces away from the wellhead directly into the well foundation. By protecting the wellhead, conductor and casing from over-bending and over-stressing, it is possible to increase the drift-off distance before disconnect occurs. This allows the rig to stay on location and remain connected to the well in more severe weather conditions, saving idle rig time costs. ​ Compared to the traditional approach of tethering the BOP and wellhead system down, the WSS is connected to both the wellhead and the CAN, which allows it to act as a wellhead saver sub. This process enables drilling operations to take place without loading the original wellhead. It also facilitates installation of the production tree on a virgin wellhead. Compared to the BOP tethering system, a unique aspect is that it avoids long steel and fiber wires that may require re-tensioning during operations. ​ It is anticipated that the WSS will deliver cost savings and HSE benefits. The use of the CAN technology, as well as the reduced weight of the system in comparison to the BOP tethering system, also reduces the CO2 footprint. ​ Neodrill’s Chief Executive Officer, Jostein Aleksandersen said: “With the increased use of deepwater drilling rigs in shallow water operations, the underlying threat of ‘drift-off’ will increase substantially. Our Wellhead Saver System has been designed to overcome the challenges typically associated with the use of heavy BOPs on deepwater rigs in shallow water. ​ “Sitting as part of our new solutions offering, the WSS looks to bring a smart solution to the market to effect real positive change.”

CAN-complete will provide clients with a full service Engineering, Procurement, Construction and Installation (EPCI) solution The new service will see Neodrill manage all aspects of the CAN installation, resulting in project synergies, decreased overhead costs and streamlined processes Partnership will see Ross Offshore act as Neodrill’s marine department on installation activity Neodrill, the leader in pre-rig technology solutions, has launched a new service, the CAN-complete. The new offering will provide clients with a full service Engineering, Procurement, Construction and Installation (EPCI) for the subsea well tophole and structural foundation. As part of this, Ross Offshore will act as Neodrill’s marine and chartering department. ​ The CAN-complete service will see Neodrill manage all aspects of a CAN installation – simplifying the process for clients by removing unnecessary interfaces with multiple suppliers. Neodrill will design and deliver the CAN solution best suited to the soil conditions, before organising the installation vessel. The Neodrill team will then work in partnership with Ross Offshore for the installation and subsea activity. ​ The CAN-complete will result in a reduction in the oil company’s internal resources required, thereby reducing project overheads. It will also utilise synergies from other projects and deliver streamlined processes, making campaigns with different clients possible. A reduction in lead time will also be possible on some projects. This service has been launched in direct response to client feedback. ​ Commenting on the news, Neodrill’s Chief Executive Officer, Jostein Aleksandersen said: “Expanding into the service end of CAN installations is the natural next step for us at Neodrill. A number of our clients have recently asked us if we can manage the whole process and we are now pleased to be able to provide this to them. Neodrill will be a one-stop-shop for customers in terms of tophole and structural well foundation service, which will go along way towards streamlining the process and cutting costs further. “ As part of this offering, we are very proud to announce this partnership with Ross Offshore. Much-respected in the industry for the quality service and consultancy they deliver, we know it will be a strong and worthwhile partnership between our two companies.” ​ VP Ross Offshore, Operations, Jarle Vespestad said: “We have previously worked with Neodrill on several projects, towards the same goal of safe and efficient CAN installations for our clients. This partnership will capture both companies expertise giving the market, access to a tailor-maid EPCI solution for this scope.”

The projects represent Neodrill’s first and second 2-wells campaigns with Neptune Energy In the first campaign the 2 CANs were installed on two exploration wells in the Norwegian North Sea in April The second campaign is scheduled for December, where 2 CANs will be installed for the Tail well and Dugong appraisal well Neodrill’s CAN technology reduces environmental impact by up to 44% compared to conventional technologies for the top hole, saving 2-4 rig days per well Stavanger, 14 December 2020 – Neodrill, known for its industry-leading CAN technology, has signed a frame agreement and announced its first two projects with Neptune Energy. Two CAN-ductors were installed in April on two of Neptune Energy’s exploration wells in the Norwegian North Sea. In August, Neptune Energy and its partners announced the commercial discovery of oil at the Dugong well (PL882) in the Norwegian sector of the North Sea, one of the largest discoveries in Norway this year. The first campaign in April was the first delivery of a two-well campaign by Neodrill. It included one CAN-ductor installed on the Dugong well and another exploration well in the area. The second campaign is scheduled for December and includes one CAN-ductor on the Tail well and another on the Appraisal well. The innovative, new strategy of installing two CANs in one mobilisation makes a compelling value case. The ability to use one installation vessel across both wells results in cost savings, efficiency gains and reduced emissions. ​ The CAN technology has already been proven to reduce environmental impact by up to 44% on top hole activity, compared to conventional technologies. With one vessel being used for two wells, Neptune Energy’s overall emissions across the two campaigns will be substantially reduced. ​ “Neptune was pleased with the first installation of CANs earlier this year and are happy to be able to use this technology again on our Dugong drilling operations commencing in January 2021. Using the CAN technology enables lower environmental impacts compared to the conventional drilling, which is of high importance for our company,” says Thor Andre Løvoll, Director of Drilling & Wells, Neptune Energy Norge. ​ Løvoll explains that the environmental impacts are mainly lower due to the reduced rig time and need for casing materials. “We estimate a reduced rig time of 2-4 days per well, which also reduces the drilling cost for the Dugong Appraisal and Tail well,” adds Thor Andre Løvoll. ​ Citing the CAN’s successful track record, and an increased focus by operators on proven green technologies, Neodrill’s Chief Executive Officer, Jostein Aleksandersen said: “We are seeing a real tipping point in the industry at the moment as the movement away from traditional technologies gains traction. Clients want to see a new, dynamic approach that removes any unneccessary risks and costs to projects. What this new project shows, is that the belief and confidence in our value case to deliver efficiencies, in terms of cost and environmental benefits, is real. ​ “We look forward to continue working with Neptune Energy over the coming months on this second campaign.” -ENDS- ​ ABOUT NEODRILL Founded in 2000, Neodrill has developed a smarter structural well foundation, an innovative new way to facilitate the installation of conductors in pre-rig stage using light vessels. Using its patented CAN® (Conductor Anchor Node) technology, Neodrill works with oil and gas companies across the world on fields of varying operational conditions. By protecting the wellhead, the technology delivers a range of commercial, operational, and environmental benefits for exploration and production wells. Based in Stavanger, Norway, the company offers CAN-based solutions, with further opportunities to ‘build’ upon the technology. It is owned by Petropartner, Equinor, and its employees. For more information please visit www.neodrill.com. For media enquiries please contact: Blair Grant, phone +47 479 76 667, or on email blair@project-neon.com

Cut and recover allows the rig to leave the site as soon as the cement plugs are in place. The surface casing is then cut from a vessel, using the new tool, at the same time as the CAN is recovered Neodrill will offer the new ‘cut and recover’ service as part of its CAN-complete offering, reducing rig time by an estimated 12 hours World’s first project of this kind was performed for Wintershall DEA Norge in the Norwegian Sea in April Neodrill, the leader in pre-rig technology solutions, has together with Baker Hughes, the leading energy technology company, performed the world’s first cut and recover operation for Wintershall Dea Norge in the Norwegian Sea. Rig time was reduced by an estimated 12 hours, with work to cut the surface casing moved off the critical path of the rig schedule. ​ The project enabled the rig to adandon the well site as soon as the cement plugs were in place. The surface casing was then laterly cut from a vessel, using Baker Hughes’ new casing cutting tool. This optimized process removes the need for unneccesary, expensive rig time in the abandonment phase. ​ The new ‘cut and recover’ service will now be offered as part of Neodrill’s CAN-complete. The CAN-complete sees Neodrill offer a full service Engineering, Procurement, Construction and Installation (EPCI) solution to manage all aspects of a CAN installation, reducing the operator’s internal resource requirements and overheads. With the inclusion of cut and recover, the CAN-complete will now also reduce rig time in the abandonment phase by allowing the rig to leave the well site after setting the cement plugs. ​ Commenting on the news, Neodrill’s Chief Executive Officer, Jostein Aleksandersen said: “With every project, we carefully consider our approach and how it can be improved to drive forward even more cost savings for our clients. Our CAN technology has already been proven to reduce rig time by 2-4 days to establish a tophole foundation and now we are pleased to be reducing time in the abandonment phase too. As a team, we are very proud to have been involved in the world’s first ‘cut and recover’ operation. Working with Baker Hughes, we removed 12 hours from the rig schedule and delivered real cost savings for Wintershall Dea as a result.” ​ “The cut and recover service will be offered as part of our standard CAN-complete offering. At a time of uncertainty for the sector, we are proud to be bringing new solutions to the market that have a positive impact in terms of costs, safety and the environment.” ​ “The choice of the CAN-ductor was based on finding sustainable solutions for drilling in a sensitive area. It turned out to be economically sound also. The new recovery method is a continuation of the environmental focus and the cost-effective way of running this project”, Tore Øian, Head of Drilling in Wintershall Dea. Tom Huuse, Director, Norway & Denmark Oilfield Equipment for Baker Hughes said: “We are very pleased to partner with Neodrill to deliver for Wintershall Dea this cut and recover operation, using our leading technology that improves safety and effeciencies. We look forward to support our global customer base with our technology offerings." ​ -ENDS-

On the 22nd June 2018, the court ruled in favour of Neodrill in recent litigation between Neodrill and Equinor. Equinor claimed that some of Neodrill’s IP were invalid, and that their use of the Cap-X well foundations was therefore lawful. Equinor installed five Cap-X foundations in the Barents sea in the summer of 2017. In Neodrill’s view, this installment was an infringement on Neodrill’s patents, and Neodrill therefore claimed damages for this illegal use. In Neodrill’s view, the preliminary injunction in May of 2017 was correct. Equinor claimed damages for costs which occurred as a result of the preliminary injunction in May 2017, which prohibited Equinor from using the Cap-X foundations. ​ Neodrill has always claimed that their IP is valid, and that Equinor’s Cap-X foundations are an infringement of these patents. Neodrill further claimed that Equinor has illegally misused confidential Neodrill information in relation to the design and development of Cap-X. The latter constitutes, in Neodrill’s view, a breach of good business practice and is in itself a violation of Neodrill’s proprietary rights. The court ruled in favour of Neodrill on all counts and Equinor have been instructed to cover costs and pay damages totaling 45M NOK. Equinor have until the beginning of September 2018 to appeal this ruling. Neodrill have had a close relationship with Equinor since 2001 when they were part of Equinor’s supplier development program. Since 2010, Equinor has been the second largest owner of Neodrill and they continue to hold these shares.