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AGR signs Service Order with Mediterranean Oil & Gas

Published: 18.02.13

Petroleum Services of AGR, part of the Oslo Stock Exchange listed AGR Group ASA (AGR) is pleased to announce that through its Aberdeen Operations, the company has signed a Service Order with Mediterranean Oil & Gas plc. for the provision of full Well Management Services to include rig procurement, drilling engineering and planning services, supply chain management and operations support for the drilling of Hagar Qim 1 Well, forecast to be spud in 4Q 2013, pending successful rig sourcing.

Dr. Bill Higgs, Chief Executive of Mediterranean Oil and Gas, commented:
"We are continuing to prepare for the drilling of Hagar Qim 1 in late 2013 and are pleased to be working with AGR on this important phase of the project. AGR has a proven track record of providing drilling support services to Operators conducting exploration drilling activities.”

Åge Landro, Executive Vice President of Petroleum Services, AGR commented:

“AGR is pleased to be involved with Mediterranean Oil & Gas for the Hagar Qim 1 Well. This is an important award and in conjunction with other recent Well Management Project awards, strengthens AGR’s position as the premier provider of Well Management and associated services both in the Mediterranean and North & 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 Falklands Islands and more recently offshore Israel”.
For further information, please contact AGR:
SVP BD and Sales Nick Chilcott                                 Tel: +44 1224 629000
EVP Åge Landro                                                            Tel: +47 920 61 182

AGR delivers a broad service offering within reservoir evaluations, well-planning and management as well as integrated field management to the upstream oil and gas industry. Its core competencies include geology, geophysics, petrophysics, reservoir and petroleum engineering, well construction, drilling management, completion design and installation, field development planning, risk and economics evaluation. The business unit also delivers a broad training portfolio. It has offices in Norway, Australia, Israel, Azerbaijan, Brazil, Canada, CIS, Malaysia, UAE, UK and the USA. Since 2000, AGR has drilled more than 400 wells for operators globally. 

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