Global oil services provider AGR Petroleum Services has signed a GBP 18M contract with Genel Energy to provide well management services for Genel Energy’s North/West Africa offshore drilling campaign.
The contract secured by AGR’s Aberdeen-based team involves a complete range of 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 deep-water semi-submersible rig, is expected to take two years to complete.
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 worldwide demand for its “added value” well management services. 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”.