BP has signed a new, 12-month contract with AGR Drilling Services, potentially worth NOK110m,(USD$19,8 million).
The contract is for AGR DS’s Riserless Mud Recovery system (RMR®) (image) , which enables operators to drill top-holes more safely, quickly and cleanly.
BP will use the technology from the Norwegian supplier of offshore drilling solutions on its Caspian Sea operations.
Since 2004, AGR DS has supplied RMR® to BP on 40 of its wells in the Caspian, down to a water depth of 525m (1,722ft).
The AGR DS team in the firm’s Baku office will provide technical and offshore operational support for this contract.
Johan Møller Warmedal, AGR DS Executive Vice President , said: “We’re proud of this continued endorsement of our services by BP and delighted with the opportunity to further strengthen our working relationship with them.
“We see RMR® not only as a step change for the drilling industry, but also as an incremental improvement in risk reduction, operational safety and technical solutions.”
AGR DS has so far provided RMR® services on more than 130 wells worldwide. In total, 42 wells have been drilled using the technology in the Caspian Sea to date. The region is renowned for challenging drilling conditions.
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Source: Agr, January 19, 2011;