Darcy has landed a contract with Statoil following a successful trial of its downhole well completions technology. Darcy, which specialises in sand control engineering, signed a framework agreement with Statoil to supply its hydraulic screen technology to the Norwegian operator's assets on the Norwegian Continental Shelf (NCS). The contract, which could have a seven-year duration, "could be worth millions to Darcy, representing a step-change in the company's growth".
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