Akastor has completed the transfer of all shares in AGR, an offshore engineering, consultancy, and software company, to the Norwegian energy and marine consultancy group ABL Group under the terms first announced on March 20, 2023.A total of 18,166,667 Consideration Shares in ABL Group will be issued to Akastor’s wholly-owned subsidiary RGA Energy, of which 2/3 will be transferred to Nordea and DNB (with 1/3 issued to each bank) as settlement of the loans they previously had against AGR AS…
Norwegian energy and marine consultancy group ABL Group has agreed to acquire 100% shares in offshore engineering, consultancy, and software company AGR from Akastor.'The purpose is to bolster ABL Group’s offering within well and reservoir consultancy…
For its offshore drilling and well projects in Norway, the oil and gas company Wintershall Dea will use AGR Software's iQx probabilistic time and cost estimation and tracking applications. AGR said Tuesday that the development would help with…
AGR’s Well Management division has secured a new contract, of an undisclosed value, with Emperor Energy on its Judith-2 appraisal well off the coast of Victoria, Australia.'AGR’s Well Management experts in Perth will progress the preparation…
Offshore drilling company COSL Drilling Europe has recently secured a contract for its COSLInnovator semi-submersible drilling rig, and the rig will start drilling for CNOOC Petroleum Europe Limited next month.The news was shared this week by…
SpotOn Energy has acquired AGR Well Management, a Scotland-registered well management division of AGR.As compensation for the transfer, AGR received 20% ownership in SpotOn Energy, which will strengthen the cooperation between AGR and SpotOn Energy going forward…
Energy industry services firm AGR has appointed Matt Street to the position of Well Engineering Manager, to be based at the company’s Aberdeen office in the UK. 'A senior energy industry professional who has worked on numerous well projects…
Engineering firm AGR said Thursday it was taking part in a three-year research initiative committed to developing new technologies and processes that aim to significantly reduce the cost of carbon capture related to transport and permanent storage…
Australian oil and gas company Western Gas, the operator of the offshore Exploration Permit WA-519-P in W. Australia, has found a partner to fund part of the drilling costs for the Sasanof-1 offshore exploration well.The partner is the ASX-listed Global Oil and Gas Limited…
Chinese offshore drilling company COSL is set to sign an integrated drilling contract with Empyrean Energy to drill the Jade exploration well on Block 29/11, offshore China. The drilling is expected to start in December, Empyrean said Thursday…
Australian oil and gas company Western Gas, the operator of the offshore Exploration Permit WA-519-P, said Friday it would drill the Sasanof-1 exploration well offshore Western Australia in Q1 2022, using a Valaris semi-submersible drilling rig…
Energy industry software solutions provider AGR Software has agreed to acquire the Deloitte Digital portfolio application ‘RIG’ for digital rig scheduling.'The acquisition will expand AGR Software’s portfolio of applications which enable game…
Independent energy services company AGR said it has won a contract to assist with well planning and engineering on the Jade prospect in Block 29/11, offshore China.The contract, signed with oil and gas development company Empyrean Energy, will…
Norwegian energy services firm AGR said Monday it had signed a 'Contract for Leased Personnel' with OMV Norway, a Norwegian subsidiary of Austria-based OMV.The contract for the provision of specialist personnel on the Norwegian Continental Shelf…
Offshore surveyor Fugro has signed a strategic framework agreement with dCarbonX, a geo-energy resource company, which is working on 'decarbonization exploration projects' supporting the development of offshore geo-energy resources in the UK and Ireland…
Subscribe
