AGR has been awarded a frame agreement with Det norske to provide well services and consultancy resources to the operator’s projects on the Norwegian Continental Shelf (NCS).

The frame agreement commences 1 May 2014 with duration of three years. The possible additional two plus two years’ extension will see the frame agreement end in 2021.

Under the agreement, AGR is to provide well services and consultancy manpower to support Det norske’s upcoming exploration and production activity.

Sjur Talstad, AGR’s Executive Vice President, Norway and Russia, said: “We are very pleased to continue our good working relationship with Det norske on the Norwegian Continental Shelf (NCS).“

“AGR has established a long track record of delivering wells efficiently and with high focus on HSEQ. With this contract award AGR will continue our support to Det norske on drilling projects in addition to our existing collaboration within reservoir management.”

AGR has proved its capability to work with Det norske on earlier well management projects. The efficient collaboration between Det norske, AGR and the service suppliers during the first AGR-managed Bredford Dolphin drilling campaign (2007-2011) resulted in Det norske being the best performing exploration operator on the NCS during that period.

About AGR

AGR is the world’s largest independent well management group. The Well Management team comprises highly-qualified and experienced personnel across the globe, delivering services that enable clients to achieve increased HSE&Q and operational performance, enhanced operability and cost savings.

About Det Norske

Det norske oljeselskap ASA (DETNOR) specialize in extracting petroleum resources on the Norwegian Continental Shelf (NCS). We are an ambitious company with significant exploration activity. Recently we have taken part in some major discoveries, Sverdrup being the single most important. During the first quarter of 2013 we will start producing our first own oil from Jette – the company’s first development as operator. Det norske has recently submitted Plan for Development and Operation (PDO) for the Ivar Aasen field to the authorities.