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Press release

PXO AS is proud to announce to have won a contract with Equinor for the supply of Operations Documentation and Training Material for operations of the Bacalhau field offshore Brazil, which is under development. The work will commence immediately and extend through 2025.

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The Bacalhau field sits at a water depth of above 2,000m and consists of an FPSO and a tie-back subsea production systems with a total of 19 wells. The field is operated by Equinor with ExxonMobil, Petrogal Brasil and Pré-sal Petróleo SA (PPSA) as license partners. The investment is expected to be approximately 8 billion USD.

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PXO AS will be supported by the Stavanger based company Visco AS for development of training animations.

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"This contract award represents a new milestone for PXO - it´s an exciting project calling for PXO´s innovative solutions building on related type of work performed for Equinor, and other field operators, lately and the excellent working relations developed between our two companies", says Leif Olav Moe, CEO of PXO AS.

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PXO AS is a Norwegian company, based at Forus outside Stavanger, offering industry-specific consultancy services to the energy sector for efficient integration of people, operations, production, maintenance and HSE – to a large extent applying digital solutions.

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For more information, see: www.pxo.no

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Contact person:

Mette Solvik, VP Marketing & Operations Support