Svenska Petroleum Exploration Guinea Bissau AB (Svenska) has engaged AGR Well Management Limited (AGR) to plan, manage and execute their upcoming exploration campaign offshore Guinea Bissau.
The global oil services provider signed a contract with Svenska to deliver well management services for Svenska’s offshore Guinea Bissau drilling campaign. The contract involves provision of full well management and associated services including drilling engineering and planning services, supply-chain management, and operations support for the drilling campaign on Svenska’s operated Blocks 2 and 5A licences.
Starting in the final quarter of 2013, the programme is for a minimum of one firm well with the option of two additional exploration wells depending on results (rig contract allowing). The sequence length could therefore range from 45 days (dry hole case) to up to 180 days. This will be further clarified once the rig contract is tendered and the rig availability is known.
Jan Hagen, Svenska’s executive vice president, commented, “This programme shows Svenska’s continuing commitment as an operator with its co-venturers to maintain active levels of exploration offshore Guinea Bissau”
Ian Burdis AGR’s EVP UK and West Africa commented, “AGR is pleased to be working with Svenska on this exciting project. This is an important award and in conjunction with other recent contract wins, strengthens AGR’s position as the premier provider of Well Management and associated services in North and West Africa”
