Norway: AGR Signs 3 Year Inspection Agreement with Seadrill Offshore

AGR Field Operations has signed a 3 year agreement with Seadrill Offshore AS for the provision of inspection and surveys according to authority requirements. The agreement covers all of Seadrill’s rigs on the Norwegian Continental Shelf.

AGR Field Operations will under this agreement provide services relating to Drilling Equipment, Lifting Equipment, Rope Access, Derrick Inspection, NDT of Loose/Fixed Drilling Equipment, Pipe Inspection, Inspection of Lifesaving Equipment, and other services within AGR`s competence.

Lasse Øvreås, VP Inspection and Integrity Services of AGR Field Operations commented:

“We are very pleased to add Seadrill to our list of clients with this long term agreement. AGR’s Inspection and Integrity group continues to build on its reputation for providing a cost effective and flexible model for managing technical integrity on drilling rigs. Our team will work closely with Seadrill to provide services to their rigs and deliver value to their operating model.”

Seadrill is a leading offshore deepwater drilling company, aiming to be our customers’ most important partner in making oil and gas available in a safe and cost-effective manner. The company operates a versatile fleet of 40 units for operations in shallow to ultra-deepwater areas in harsh and benign environments. Seadrill has some 7,500 skilled and highly competent employees, representing over 40 nationalities, operating in 15 countries on five continents. Seadrill is listed both on the New York Stock Exchange and the Oslo Stock Exchange.

AGR Field Operations is part of the Oslo Stock Exchange listed AGR Group. AGR Field Operations supports both operators and asset holders with expertise and knowledge in the management of their assets during their entire life-cycle. We provide innovative technologies and solutions that maximize efficiencies and improve profitability for our customers. Our areas of expertise lie within field development, operations, operational support and asset integrity management of oil and gas infrastructure. In addition we serve local industries including power utilities, nuclear, marine, and food processing. We have approximately 800 employees and have offices in Norway, Sweden, UK, Malaysia, Singapore, Australia, USA and Brazil.

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Source: agr, August 11, 2010: