Peak Group Company News

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Awilco Nabs LOI for Drilling Program Offshore Indonesia
Awilco Offshore received a LOI from an International Operator, for a drilling program in Indonesia of 3 firm wells using the jackup drilling rig WilCraft. The estimated contract value for the firm period of 90 days is $17.5 million.
8:00 PM EST | August 04, 2008
New Deals Boost Duffy and McGovern in SE Asia, Australia
Duffy and McGovern has secured three new deals in Australia and China, boosting its order book in Southeast Asia and Australasia by more than £100,000 (US$197,000).
8:00 PM EST | April 16, 2007
Arrow to Supply Liquegas with Coal Seam Gas from Daandine
Arrow Energy N.L. has reached an agreement on the terms and conditions for the supply of gas from Arrow's Daandine field to AGR Group company Liquegas Energy Pty Ltd.
8:00 PM EST | April 10, 2007
Nautical Reports Smaller Loss, More Cash in the Bank
Nautical Petroleum plc on Monday announced its interim results for the six-month period to December 31, 2006.
8:00 PM EST | March 25, 2007
AGR Names Erskine to Head Petroleum Services
AGR Group, the Norway-based oil technology and services group has appointed Richard Erskine as Executive Vice President, Petroleum Services.
7:00 PM EST | February 11, 2007
AGR Reports Growth for 2006, Expects Promising 2007
The AGR Group said that its figures for 2006 reflect the company's successful application of new business models and technology
7:00 PM EST | February 07, 2007
AGR Secures Ensco Jack-up for UK North Sea Campaign
AGR Group, the Norway-based oil technology and services group, has contracted the jack-up Ensco 100 for a new multi-client, multi-well campaign in the UK sector of the North Sea.
7:00 PM EST | January 14, 2007
Nautical Secures Two Rig Slots
Nautical Petroleum plc, which specializes in developing heavy oil assets in the UK and Europe, reported that it has secured two drilling rig slots from The Peak Group in mid-2007.
7:00 PM EST | November 20, 2006
AGR to Acquire Excavation and Trenching Provider
Ability Group ASA (AGR), the Norway-based oil technology and services group has agreed to acquire SeaVation Limited, the UK-based global provider of subsea excavation and pipeline trenching services to the upstream oil and gas industry.
7:00 PM EST | November 05, 2006
Peak Secures Rig Slot for UKCS Southern North Sea Ops
Peak Well Management Limited (Peak), the Aberdeen-based provider of international well construction services to the global oil and gas industry, intends to use the ENSCO 92 jack-up drilling rig for operations in the UKCS Southern North Sea.
8:00 PM EST | August 20, 2006
Peak Strengthens Middle East Office
The Peak Group, a member of the Ability Group (AGR), has enhanced its position in the Middle East with the announcement of a key appointment.
8:00 PM EST | June 06, 2006
AGR of Norway Acquires The Peak Group
The Ability Group (AGR) of Norway has entered into an agreement to acquire The Peak Group, the UK-based global provider of well construction services to the upstream oil and gas industry.
8:00 PM EST | May 28, 2006
The Peak Group Provides Impetus to North Sea Operations
The Peak Group said today that it was supporting a significant UK drilling program by independent oil companies in spite of the tough rig market conditions.
8:00 PM EST | April 10, 2006
The Peak Group Leads Eight Well Program in Australia
The Peak Group has brought together four independent operators for its first multi-well, multi-operator well management project in Australia.
7:00 PM EST | March 19, 2006
Peak Group Wins Louisiana Drilling Project
The Peak Group has secured a significant contract with Texas-based Falcon Bay Energy to drill a deviated well in swamp land in South Louisiana.
7:00 PM EST | December 04, 2005
Peak Expands Management Team
The Peak Group has strengthened its management team with key appointments in two of its business units.
7:00 PM EST | November 13, 2005
The Peak Group Wins Its First Contract from KNOC
The Peak Group has secured its first contract with the Korea National Oil Corp (KNOC) for an exploration well offshore Benin, West Africa.
8:00 PM EST | October 18, 2005
The Peak Group Secures Credit Facility from RBS
The Peak Group has agreed an £11 million finance structure with the Royal Bank of Scotland (RBS) to enhance the services the company provides for its clients' well construction projects.
8:00 PM EST | October 11, 2005
The Peak Group Wins West African Contract
The Peak Group has secured its first contract offshore Mauritania by agreeing to drill an exploration well for Dana Petroleum.
8:00 PM EST | October 02, 2005
Peak Expands Its International Management Team
The Peak Group has enhanced its international expansion with the appointments of two key personnel.
8:00 PM EST | August 17, 2005
The Peak Group Develops Multi-Well Program for North Sea
The Peak Group has brought together two independent operators for a groundbreaking multi-well project in the North Sea.
8:00 PM EST | August 11, 2005
The Peak Group Secures North Sea Contract with Century
The Peak Group has announced the latest development in its 20 well program of activity for the North Sea by securing a four well contract in the Southern North Sea with Century Exploration (UK) Limited.
8:00 PM EST | July 10, 2005
The Peak Group Wins Vaalco Contract
The Peak Group has enhanced its activity in West Africa by securing a contract with VAALCO Gabon (Etame), Inc. for a two well project off Gabon.
8:00 PM EST | July 04, 2005
The Peak Group Wins Major Contract for Falklands
The Peak Group has secured a major contract with Desire Petroleum and Rockhopper Exploration for the well design and drilling project management of a planned three well program in the North Falkland Islands basin.
8:00 PM EST | June 13, 2005
Peak Group Secures Australian Well Management Contract
The Peak Group has secured a major contract with Australian oil exploration company AED Oil Limited for the provision of its well construction project management and procurement services.
8:00 PM EST | June 07, 2005
The Peak Group Enhances Global Strategy
The Peak Group has enhanced its global growth strategy by expanding its operations in Houston.
8:00 PM EST | May 18, 2005
Peak Group Collects Award at The Oil & Gas Oscars
The Peak Group has won the award for Most Promising Company in this year's Scottish Offshore Achievement Awards.
7:00 PM EST | March 16, 2005
The Peak Group Wins Key Irish Sea Well Contract
The Peak Group has secured a major contract with Burlington Resources Irish Sea Limited for the planning and management of three gas wells in the East Irish Sea.
7:00 PM EST | February 13, 2005
Peak Appoints Business Development Manager In London
The Peak Group has appointed Hugh Mackay as business development director.
8:00 PM EST | June 21, 2004
Peak Opens New Office In Dubai
The Peak Group has announced its continued world wide expansion with the opening of an office in Dubai.
8:00 PM EST | April 21, 2004
Peak Group Appoints New Manager in Houston Office
The Peak Group has appointed Matt Abell as Performance Engineering Manager in the Houston office.
8:00 PM EST | April 04, 2004
Nexen to Use Peak Group's Probabilistic Software
The Peak Group has signed an agreement with Nexen Inc for the use of Peak's innovative probabilistic software P1 and C1.
7:00 PM EST | March 17, 2004
Peak Group Expands Into Scandinavia
The Peak Group has expanded its operations into the Scandinavian oil and gas sector by agreeing a contract with Norwegian well construction consultancy Vestdrill.
7:00 PM EST | January 07, 2004
Transocean to Utilize Peak's P1 Technology in the North Sea
Peak Group revealed that Transocean has utilized its P1 technology for a contract in the North Sea with Oilexco.
8:00 PM EST | September 07, 2003