AGR Enhanced Drilling has announced that “a leading operator” has signed a USD3m deal to use its Riserless Mud Recovery services (RMR®). These services will be used off Sakhalin, Russia, over this year’s summer drilling season. The operating company is using RMR® to help drilling operations in an area that has challenging top-hole conditions and stringent environmental regulations. [...]
Norway’s AGR Petroleum Services has signed a 160 million NOK ($27.6 mln) contract with Genel Energy to deliver well management services for Genel Energy’s North, West Africa offshore drilling campaign. Under the terms of the contract, AGR will provide full well management and related services, including drilling engineering and planning services, supply chain management and operations support for Genel Energy’s high impact [...]
On Wednesday 1st of May 2013 Genel Energy announced the signing of a contract with Noble Corporation for the drilling of its African Offshore drilling campaign, commencing last quarter 2013. Subject to final contract negotiations, AGR will manage the drilling program for the duration of this campaign. The Noble Paul Romano deepwater, semi-submersible rig will [...]
May 2, 2013 | Posted in
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AGR TRACS Training has launched a unique e-learning provision for E&P clients around the world thanks to a partnership with Aberdeen-based digital media company Wildhoney. As the trend for blended learning, a combination of online and face-to-face training grows across the industry, AGR TRACS Training has gone one step further with the launch of an [...]
April 23, 2013 | Posted in
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Global oil and gas service provider AGR has significantly boosted its Australian business with the launch of a new division within the region and growth of its existing Perth-based offer. AGR’s new Subsea Project Management division enhances the company’s current service portfolio, which already includes well management, reservoir management and consultancy services. With the appointment [...]
Following the successful refinancing of AGR Group, the Group’s two business areas, Petroleum Services and Drilling Services, are now financed separately. This enables the two divisions to seek separate strategic alternatives with autonomous managements. Under the leadership of Åge Landro, EVP Petroleum Services and David Hine, EVP EDS-ORS, both divisions are ready to seek further [...]
Petroleum Services of AGR, part of the Oslo Stock Exchange listed AGR Group ASA (AGR) announced that through its Aberdeen Operations, the company has signed a Service Order with Mediterranean Oil & Gas plc. for the provision of full Well Management Services to include rig procurement, drilling engineering and planning services, supply chain management and [...]
February 18, 2013 | Posted in
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AGR Group ASA has signed an agreement whereby BR Industrier AS, acquires 100% of the shares in AGR Well Services AS and AGR Cleanup AS in a combined transaction. The companies are a part of AGR’s Tools & Technology division. The purchase price for the two companies is MNOK 43,2. The transaction will be completed [...]
Petroleum Services, part of AGR has been awarded a well management contract from independent Norwegian E&P company Noreco. The agreement commenced January 1, 2013 and includes well management services for an initial 3 year period, with the possibility of Noreco to extend the contract period by an additional two years. Sjur Talstad, EVP of Petroleum [...]
Norway’s AGR has encountered signs of hydrocarbons while drilling the Aphrodite-2 well in the Ishai License, offshore Israel, 160 kilometers northwest of Haifa. Based on examinations performed during the drilling of the Well, “significant signs of hydrocarbons” (natural gas) were found in the lower Miocene sands. The thickness of the natural gas bearing layer is [...]
