AGR released new functionality for its bespoke well data software, iQx that will improve the analysis of spatial well data by using data collected from more than 6000 wells drilled on the Norwegian continental shelf. The new GEO module is aimed at geologists and petroleum engineers…
AGR and SP Offshore Energy Services signed a memorandum of understanding (MoU) under which AGR will provide a range of exploration services and the drilling of an ultra deepwater (UDW) well off the Comoros Islands, between Mozambique and the Comoros…
AGR has been awarded a well engineering and operational support services contract with DEA Norge. The contract covers support in well planning and operational execution and consultancy manpower to DEA’s drilling projects on the Norwegian continental shelf (NCS)…
Lukoil Overseas North Shelf AS awarded AGR a US$131,000 contract for its well intelligence software solution, iQx. AGR’s iQx software is designed to simplify and increase efficiency of the planning and execution of drilling wells.…
AGR has secured a contract with LUKOIL Overseas to optimize the Russian firm's drilling performance. The contract covers LUKOIL’s drilling operations in several territories internationally, including Middle East, Black Sea, Africa and Central Asia…
Oilfield services firm AGR has been awarded a three-year well management services contract with options with Edison Norge, supporting Edison across its operating licences, including the its first operated exploration well on the Norwegian Continental Shelf (NCS)…
Xcite Energy selected AGR's well construction planning software P1 to support the planning and development of the Bentley field, one of the largest in the United Kingdom Continental Shelf. The use of the software and the associated procedures…
RossOffshore AS, based in Bergen, Norway, has been awarded long-term helicopter services contract with Lundin Norway AS and the Det norske oljeselskap ASA. The three-year contract is to book personnel for flights offshore Norway, and includes three x two-year options to extend…
Cayman Islands’ registered Lekoil has upgraded the 2C reserves estimate on the Otakikpo marginal field offshore Nigeria by 45%. Otakikpo is in oil mining lease (OML) 11, in a swamp area, offshore Nigeria, adjacent to shoreline in the eastern part of the Niger Delta…
AGR's software solutions division signed a contract with Lundin Norway AS. The two-year deal includes AGR’s software offering, iQ, which is designed to simplify the planning and execution of wells, as well as maintenance and support services…
AGR has been awarded software contracts with Det norske oljeselskap, VNG (Norge) and OMV (Norge) worth in total about US$1 million. AGR will be delivering its bespoke software products P1, CT and iQˣ, which has been shortlisted for the ONS Innovation Award…
Norway-based AGR Holdings (AGR) is to be taken over by private equity firm Silverfleet Capital in a deal worth NOK 1,640 million (€195 million). The deal is expected to be completed on or around end of August 2014. AGR Holdings is the petroleum services division of Oslo-listed AGR Group…
Dallas-based Hunt Oil is planning to drill at least one offshore Benin, Africa. Well services firm AGR has been awarded a contract to provide the well project management services for the drilling, with one firm well and an option for a second…
AGR and Ross Offshore have both this week announced frame agreements with Norwegian clients. AGR won a five-year frame agreement, with several extension options, with BP Norge for consultancy services. AGR's Norwegian team, based in Stavanger…
Limited vessel and rig availability have meant delays on two Alpha Petroleum Resources' UK projects, the Blythe development and appraisal on the Skipper field. The firm is planning to submit a field development plan for the southern North Sea Blythe gas field project Q4…
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