Chevron Taps AGR Subsea to Build, Deploy Deepwater Drilling System

AGR Subsea Inc., a subsidiary of AGR Group ASA, has been issued a letter of agreement (LOA) by Chevron to Project Manage, Engineer, Build and Deploy a Dual Gradient Drilling System which has the potential to be an enabling technology for certain deepwater assets globally. It is estimated that the system will be deployed by 1Q 2011.

On successful negotiation of the contracts, AGR will be awarded a 2-1/2 year Engineering and Project Management contract and a further 5 year Operational Services Contract.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Static Equipment / LNG Tank Engineer
Expertise: Mechanical Engineering
Location: Houston, TX
ARAMCO QM20 Third Party Inspector
Expertise: Electrical Engineering|QA / QC / Inspection|Technical Writing
Location: Bolingbrook, IL
Power Generation Technician
Expertise: Electrical Technician|Electrician|Maintenance Technician
Location: Broussard, LA
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours