Core Viewpoint - Baker Hughes has been awarded a contract to provide plug and abandonment (P&A) services for Equinor in the Oseberg East field, marking the beginning of a multi-year framework agreement aimed at enhancing operational efficiencies in well abandonment processes [1][6]. Group 1: Project Overview - The project will involve Baker Hughes' Mature Assets Solutions team leading the planning and execution of integrated P&A services across multiple wells in the North Sea [1][2]. - A P&A Center of Excellence will be established in Bergen and Stavanger to centralize project management and expertise, ensuring cost-effective and reliable solutions for well abandonment [3]. Group 2: Technological Innovations - Baker Hughes' P&A portfolio includes advanced technologies such as PRIME Powered Mechanical Applications, CICM (Casing Integrity & Cement Mapping), MASTODON™ casing retrieval system, and the Xtreme SJI mechanical slotting tool, which are designed to enhance efficiency and reduce operating costs [4]. Group 3: Strategic Importance - This agreement is significant as it allows Equinor to industrialize its P&A operations through end-to-end integration, thereby driving efficiencies in the well abandonment process [6].