Following the announcement
regarding AGR and First Geo joining forces through establishment of a new company, we are pleased to say that the transaction has been completed.
In Norway, the joint company will be located at Karenslyst alle 4 in Oslo, Laberget 22 in Stavanger and C.Sundts gate 37 in Bergen. Oslo Stock Exchange listed Akastor AS holds 100% of the shares in the new merged company.
The company operating under the brand “AGR” aims to be one of the largest well, reservoir and G&G, petroleum software as well as consultancy manpower providers on the global oil and gas market. Together, the combined track record covers managing of over 535 well projects and delivering more than 1,500 subsurface and operational geology studies.
The newly formed team of bespoke experts comprises around 400 professionals with offices in Norway, the UK, the Middle East, Australia, Houston and Mexico.