AGR inks Sakhalin contract

OE Staff
Monday, April 7, 2014

AGR's software solutions division had signed its first contract with Sakhalin Energy.

The three-year deal includes the latest version of AGR's P1 software, as well as maintenance and support services. The software allows operators to maximize performance during well-construction projects.

AGR relaunched P1 Version 4.0 this spring. The latest version draws on data from previous well-construction projects to offer operators a range of solutions to problems that may arise during construction work. It also provides information on the net effect of changes, allowing users to understand the financial implications.

Petter Mathisen, vice president of AGR’s software solutions division, says: “This contract adds to AGR’s position in Russia where currently Rosneft is using P1, and we are hoping this latest win will lead to more projects in the country."

Sakhalin Energy is the operator of the Sakhalin-2 project. The company was formed in 1994 to develop the Piltun-Astokhskoye oil field and the Lunskoye gas field in the Sea of Okhotsk offshore Sakhalin Island in the Russian Far East. Its shareholders are Gazprom (50%), Shell (27.5%), Mitsui (12.5%) and Mitsubishi (10%).

Categories: Russia Software Well Operations

Related Stories

BP Energy Outlook: Both Main Scenarios See 2025 Oil Peak, Rapid Renewables Growth

Sinopec Strikes Large Oil, Gas Flow at South China Sea Well

N-Sea Acquires Geo Plus

Current News

Esgian Week 28 Report: Rig Activity Robust

ABS to Class Seatrium-built FPSO Pair for Petrobras

Miko to Supply Hull Closure for Equinor FPSO Raia

ADIPEC Technical Conference Receives Record-breaking 5,977 Submissions

Subscribe for OE Digital E‑News