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Home›Business & Finance›Australia: Shell Inks RMR Deal with AGR
Business & Finance

March 5, 2012 · about 14 years ago

Australia: Shell Inks RMR Deal with AGR

SHELL is continuing its successful relationship with AGR’S Riserless Mud Recovery system (RMR™) with a new USD 4.7m deal (NOK27m). The contract is for multiple development wells on Shell’s Prelude Floating LNG development off Australia’s north-west coast. Bernt Eikemo, General Manager Asia Pacific a

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SHELL is continuing its successful relationship with AGR’S Riserless Mud Recovery system (RMR™) with a new USD 4.7m deal (NOK27m).

The contract is for multiple development wells on Shell’s Prelude Floating LNG development off Australia’s north-west coast.

Bernt Eikemo, General Manager Asia Pacific at AGR , said: “ Shell has used RMR™ on all the wells it has drilled in Australia since 2006 – a fact that AGR is very proud of.

“We are very happy to get the opportunity to work once again with Shell Development (Australia) Pty Ltd.”

The contract is for three years with the option of two one-year extensions.

RMR™, together with its sister technology the Cutting Transportation System (CTS™), has been deployed on more than 500 wells worldwide.

Riserless Mud Recovery allows engineered mud to be used in the top-hole section of a well, enabling a much more stable foundation for successful drilling, with all mud and cuttings being returned to the rig. There is no discharge to the seabed.

The top-hole section can be drilled more safely, quickly and with less impact on the environment.

AGR is a company in AGR Group. AGR supplies innovative technical solutions and services to the global offshore industry. It has offices in Norway, Australia, Azerbaijan, Brazil, Canada, CIS, Malaysia, UAE, UK and the USA.

[mappress] Subsea World News Staff , March 05, 2012; Image: AGR

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