Global oil services provider AGR Petroleum Services has signed an £18 million ($US 27.1 million) contract with Genel Energy to deliver well management services for Genel Energy’s North and West Africa offshore drilling campaign.
The contract, secured by AGR’s Aberdeen-based team, involves provision of full well management and associated services, including drilling engineering and planning services, supply chain management and operations support for Genel Energy’s high impact 10-well drilling campaign.
Starting in the 4Q 2013, the program, using the Noble Paul Romano deepwater semi-submersible rig, is expected to take two years to complete.
Ian Burdis, AGR’s EVP UK and West Africa said: "AGR is pleased to be working with Genel Energy on this exciting project. This is an important award and in conjunction with other recent contract wins, strengthens AGR’s position as the premier provider of well management and associated services in North and West Africa."
“AGR will apply the same focused, committed service quality driven approach that was delivered during the successful remote operations campaign recently concluded in the Falkland Islands and more recently in the South Atlantic and Mediterranean.”
The Genel Energy project is the latest in a number of long-term contracts secured by AGR’s well management business, including the recent establishment of a multi-well, multi-client campaign on the Norwegian Continental Shelf and the well management contract for Statoil.
AGR Petroleum Services has witnessed an increasing world-wide demand for its “added value” well management services. The company’s well management team consists of has members in Europe, Australia, the Middle East and the US.
AGR CEO, Age Landro, said: “AGR has been focusing on building long-term contractual relationships with key industry players and I am delighted we have secured this opportunity to work with Genel Energy.This forms a key part of our long-term strategy and I am very pleased with the success we are achieving in implementing that strategy in our most important regions”.
AGR Petroleum Services is part of the AGR Group, headquartered in Oslo, Norway. As one of the largest independent well-management groups, AGR has established itself as the preferred solutions provider for the global upstream petroleum industry by enabling its clients to achieve increased HSEQ and operations performance savings.