AGR secures software contract with Petronas

Global oil and gas service company based in Norway, AGR, has been awarded a software contract with Malaysian oil and gas company, PETRONAS Carigali Sdn Bhd (PCSB).

Valued at over $1 million, the contract signals a three year partnership with an option to extend for a further two years between AGR and the government- owned corporation.

This latest agreement will see AGR provide two products from its software portfolio, including P1 and CT, as well as the full training for PCSB’s personnel in their use. The first of the software products to be delivered, P1, is a market-leading probabilistic planning tool for estimating time and cost of well operations.

Meanwhile, CT will act as a real-time cost tracker enabling operational managers to accurately track the financial status of their projects.

Based on experience gathered from over 500 drilling projects managed in all possible environments globally, clients look to these tools for risk mitigation and cost efficiency, resulting in the saving of millions of dollars, AGR says.

AGR’s software portfolio is supported by technical specialists across the business’ international network, with regional hubs in Europe, Norway, the Americas, the Middle East and Asia Pacific.

 

July 04, 2014

 

Share this article

Follow Offshore Energy Today

Events>

<< May 2019 >>
MTWTFSS
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

08th OIL & GAS AFRICA 2019 CONFERENCE

OIL & GAS AFRICA is one of the most prime regional & international Oil and Gas conferences in East Africa…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

OWI WA 2019

West Africa’s only dedicated Offshore Well Intervention Conference is returning for its second year…

read more >

OIL & GAS PHILIPPINES 2019

Oil & Gas Philippines event display products like Oil & gas, fire protection systems and materials…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply