AGR Wins Excavation Gig for Petrobaltic Rig
AGR Drilling Services has signed a £1m (NOK9.3m) contract to supply its excavation technology and expertise – hot on the heels of a £9m deal for the company.
The latest deal is with LOTOS Petrobaltic SA, the only Polish firm involved in oil exploration and extraction in the Baltic Sea.
AGR DS will excavate three legs on LOTOS Petrobaltic's jack-up rig Baltic Beta. This is to allow the inspection of connections between the legs and the 'spud can' – the foot of the leg that spreads the rig's load so it does not sink too deeply into the seabed.
The project, which starts in April and is expected to last a month, involves the removal of sand, sludge, clay and other debris from the seabed. Last year, AGR DS excavated 9m below the seabed around one of the legs, removing more than 300m3 of material. This allowed inspection of braces and struts so the rig's certification could be maintained. Now LOTOS Petrobaltic wants AGR DS to return to Baltic Beta and clear the remaining chords of Leg 3, as well as the other two legs.
AGR's John Sands, Vice President Trenching and Excavation, said from the Norwegian firm's Aberdeen office, "We welcome the opportunity to return to Baltic Beta and look forward to working with LOTOS Petrobaltic again. AGR can offer the most experienced team for this work and can also provide the best spread of equipment, through the implementation of lessons learned through the 2010 excavation campaign."
AGR DS will be using its high power, suction-dredging pump on the project, with ROV deployment.
Less than two weeks ago, the company announced Shell Norske AS had signed a letter of intent for a trenching and excavation contract worth £9m (NOK84.2m) on the Ormen Lange field.
- Falcon Oil Declares Commercial Flow Test Results for Shenandoah Well
- Japan Failing to Meet Corporate Demand for Clean Power: Amazon
- Macquarie Strategists Expect Brent Oil Price to Grind Higher
- UK Oil Regulator Publishes New Emissions Reduction Plan
- PetroChina Posts Higher Annual Profit on Higher Production
- Pennsylvania County Joins List of Local Govts Suing Big Oil over Climate
- McDermott Settles Reficar Dispute
- US, SKorea Launch Task Force to Stop Illicit Refined Oil Flows into NKorea
- Russian Navy Enters Warship-Crowded Red Sea Amid Houthi Attacks
- USA Commercial Crude Oil Inventories Increase
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call
- India Halts Russia Oil Supplies From Sanctioned Tanker Giant
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- Centcom, Dryad Outline Recent Moves Around Red Sea Region
- PetroChina Set to Receive Venezuelan Oil
- Czech Conglomerate to Buy Major Stake in Gasnet for $917MM
- US DOE Offers $44MM in Funding to Boost Clean Power Distribution
- Oil Settles Lower as Stronger Dollar Offsets Tighter Market
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension
- Equinor Makes Discovery in North Sea