Global oil services provider AGR Petroleum Services has signed an £18million/ NOK 160 million contract with Genel Energy.
The company is to deliver Well Management services for Genel Energy’s North/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 final quarter of 2013, the programme, 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 highly-reputable professionals, located in Europe, Australia, the Middle East and the USA.
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”.
Press Release, May 22, 2013