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.
 

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Rockies Area Operations Manager
Expertise: Mud Engineer / Drilling Fluids|Well Servicing & Testing
Location: Denver, CO
 
Drilling Chokes Operator
Expertise: Field Service Tech|Well Servicing & Testing
Location: Odessa, TX
 
Callout Offshore Mechanic
Expertise: Mechanic
Location: Broussard, LA
 
search for more jobs

Brent Crude Oil : $55.49/BBL 2.45%
Light Crude Oil : $52.42/BBL 2.04%
Natural Gas : $3.2/MMBtu 5.04%
Updated in last 24 hours