Tuesday 8 April 2014

AGR wins Frame Agreement with Premier Oil

AGR has been selected by Premier Oil to deliver a range of services within the Norwegian Continental Shelf (NCS).

The contract period is for five years plus additional three years. The scope of the agreement covers Well Management and Well Planning Services for exploration drilling and field developments. The Work Scope will encompass delivery of resources, competence and methodology by AGR’s Well Management team in Norway.

“We are pleased to continue the close working relationship with Premier Oil on the Norwegian Continental Shelf (NCS),” Sjur Talstad, AGR’s Executive Vice President, Norway and Russia said.

“The activity will be carried out from our fast growing Stavanger office which has an excellent track record of delivering Well Management and operational HSE support.

“This contract win follows a busy 2013 for us when at peak we delivered five operations in parallel managing jack-up, semi-submersible and drill-ship rigs during the year.”    

AGR recently celebrated drilling over 500 well projects in 25 countries for 106 clients - an average of one drilling project commenced every 10 days since 2000. On the NCS, the company has managed over 80 drilling projects on 14 rigs on behalf of 21 operators. Last year, AGR’s Norway team was involved in 15% of exploration wells drilled on the NCS.

AGR’s experience spans drilling in a variety of challenging environments, including HPHT, deepwater and ultra deepwater, the Barents Sea and drilling in environmentally sensitive areas.