Agr Software News

 

The key to CCS: monitoring, measurement and verification

Jul 01, 2015

Carbon capture and storage (CCS) projects need to demonstrate, through monitoring, that the injected CO2 is contained within the geological store during and after injection and no unexpected migration has occurred. In order to achieve this…

IOG eyes Skipper FPSO options

Jun 30, 2015

Independent Oil and Gas (IOG) has started discussions with potential floating production, storage and offloading (FPSO) vessel providers for its UK north Sea Skipper development.  The firm, which recently agreed to acquire 50% of the Skipper license from Alpha Petroleum…

iQx GEO adds new functionality

Jun 16, 2015

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, SP Offshore enter MoU

May 07, 2015

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 picks up DEA NCS contract

Apr 21, 2015

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)…

AGR wins Lukoil software contract

Feb 23, 2015

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.…

Lukoil picks AGR for drilling optimization

Feb 10, 2015

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…

Edison lines up first NCS well

Jan 06, 2015

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 selects AGR software for Bentley

Nov 10, 2014

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…

Ross Offshore gets NCS transport contract

Oct 24, 2014

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…

Lekoil ups Nigeria reserves 45%

Sep 23, 2014

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 wins Lundin Norway deal

Sep 18, 2014

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…

ONS: AGR bags NCS contracts

Aug 24, 2014

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…

AGR Holdings sold to private equity

Jul 21, 2014

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…

Benin exploration drilling planned

Jul 17, 2014

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…

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