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AGR Secures Frame Agreement with Det norske

Source: www.gulfoilandgas.com 4/28/2014, Location: Europe

AGR has been awarded a frame agreement with Det norske to provide well services and consultancy resources to the operator’s projects on the Norwegian Continental Shelf (NCS).

The frame agreement commences 1 May 2014 with duration of three years. The possible additional two plus two years’ extension will see the frame agreement end in 2021.

Under the agreement, AGR is to provide well services and consultancy manpower to support Det norske’s upcoming exploration and production activity.

Sjur Talstad, AGR’s Executive Vice President, Norway and Russia, said: “We are very pleased to continue our good working relationship with Det norske on the Norwegian Continental Shelf (NCS).“

“AGR has established a long track record of delivering wells efficiently and with high focus on HSEQ. With this contract award AGR will continue our support to Det norske on drilling projects in addition to our existing collaboration within reservoir management.”

AGR has proved its capability to work with Det norske on earlier well management projects. The efficient collaboration between Det norske, AGR and the service suppliers during the first AGR-managed Bredford Dolphin drilling campaign (2007-2011) resulted in Det norske being the best performing exploration operator on the NCS during that period.

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