Equinor awards up to 5-year agreement to AGR for subsurface support
(WO) - AGR has been awarded a long-term frame agreement by Equinor to provide subsurface and field development support related to project developments of Equinor’s facilities, offshore installations and onshore plants.
Under the agreement, AGR will provide expertise in multidisciplinary subsurface work, including greenfield and tie-in projects, brownfield projects onshore and offshore, plus subsurface and business consulting services. The objective is to provide Equinor with technology and services focusing on disciplines related to early phase multidiscipline support for onshore and offshore facilities, and further secure capacity, flexibility, continuity, and competence.
The frame agreement is valid for three years, plus options to extend the agreement by up to two periods of one year each (3+1+1).
“Equinor is continuously evaluating new upstream oil and gas fields in addition to upgrades of existing installations and onshore plants. Further, we know that Equinor is exploring activities within energy transition projects such as offshore wind, new low carbon value chains – such as blue hydrogen and ammonia, and carbon capture, utilisation, and storage (CCUS). As part of this frame agreement, our reservoir management and subsurface team is prepared and capable of supporting all such projects,” says SVP Reservoir Management, Jørgen L. Jørgensen, at AGR.
The work will be delivered by AGR’s reservoir management and subsurface team, which also includes subsurface experts from Ross Offshore, which was acquired by AGR’s parent company, ABL Group, earlier this year.
AGR’s reservoir and subsurface in-house team consists of specialists in geology and geoscience, reservoir engineering, petrophysics, production technology, petroleum economics, facilities, and operations geology. The team has jointly delivered more than 1,700 reservoir studies for oil majors, banks and governments around the world, plus worked on 65+ CCS projects.
AGR is part of Oslo-listed energy and marine consultancy group ABL Group ASA.
