AGR Nets NPD Deal

AGR has secured a new framework agreement from the Norwegian Petroleum Directorate (NPD) for delivery of reservoir management.

The agreement will see AGR deliver reservoir management studies in subsurface technology, reservoir geology and reservoir engineering over a two year period, with options for extension.

Morten Heir, VP of Reservoir Management at AGR, said: “With this frame agreement, AGR will support the NPD in maximizing Norway’s extraction of its oil and gas resources.

“We are very pleased to have been selected by the NPD and take it as recognition of AGR’s strong capability in delivering G&G and subsurface technical studies, managing projects and training.”

This award represents one of two frame agreements with NPD that AGR has secured recently.

The other covers providing engineering consultancy within drilling and well technology.