Norway-headquartered AGR Holdings AS (AGR) has been acquired by the independent European private equity firm Silverfleet Capital. The deal, worth NOK 1,640 million (€195m) is expected to be completed on or around end of August 2014.
Oslo Stock Exchange was announced of the following:
AGR has been awarded a contract to provide Well Project Management services to Dallas based ‘Hunt Oil’ for the drilling of one exploration well plus one future option well located in offshore Benin.
With a softening rig market upon us, now is a good opportunity for operators to secure a rig for drilling projects at more favorable rates than those we have been seeing recently.
AGR Aberdeen-based Rock Mechanics Engineer and Senior Geoscientist has been invited to address a high-level energy industry gathering in the United States which will bring together specialists from around the world to consider ways of improving oil well drilling and completion efficiency.
AGR delivers facilities solutions management service to Lundin Norway.
Global oil and gas service company, AGR, has been awarded a software contract with Malaysian oil and gas company, PETRONAS Carigali Sdn Bhd (PCSB).
AGR has developed several Multi Client studies on the Norwegian Continental Shelf that help the small and medium-sized E&P companies but also majors identify exploration prospects in a cost-efficient method.
AGR’s iQ x™ well intelligence software is in the running for a prestigious ONS (Offshore Northern Seas) 2014 Innovation Award.
The five-year contract has several extension options.