4.11.2025 21:21:54 CET | Nekkar ASA | Non-regulatory press releases
November 4, 2025 – Intellilift and InteliWell sign a contract for their joint venture’s game-changing drilling automation solution.
InteliWell, a joint venture formed to accelerate autonomous well construction, has today announced that it has secured a contract to provide automation services on the Transocean Deepwater Titan, an ultra-deepwater drillship operating in the Gulf of America.
The InteliWell platform will be installed in the coming quarter. Initially, automation services will concentrate on automated tripping and drilling connections, utilizing the InteliAutomate and InteliTrak applications.
For the Deepwater Titan team, the InteliWell automation platform will deliver consistency and efficiency, as well as automated well protection and a reduction in the team’s cognitive load when executing repetitive well construction tasks.
Furthermore, InteliWell has contracted Intellilift to deliver the services for its software products. For Intellilift, this contract comprises a fixed-sum project plus Software-as-a-Service fee throughout the contract period.
This is the fourth deployment of the InteliWell automation platform.
To learn more about InteliWell, visit: www.inteliwell.com
Disclosure regulation
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
Contacts
- Ole Falk Hansen, CEO, +47 988 14 184, ir@nekkar.com
About Nekkar ASA
Nekkar (OSE: NKR) is an industrial long-term owner of ocean-based technology companies. The company invests in and develops technology businesses within sustainable oceans, robotics and intelligent logistics, and digital solutions. With a 50-year industrial heritage from Syncrolift, Nekkar applies an active buy-to-own strategy to build long-term value. The group supports empowered operating companies with a strong balance sheet and reinvests strategically to ensure profitability and sustainable growth. As a publicly listed company, Nekkar has a proven track record of shareholder value creation through disciplined M&A, financial management, and capital allocation.