Oil and gas service company AGR has announced plans to further expand its involvement in field abandonment projects, in a bid to build on a successful year of offshore activity.
The company has delivered several successful plug and abandonment contracts for exploration wells in the North Sea and the Norwegian Sea and looks to expand its share of the global market during 2014.
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Recently, AGR secured a contract to provide well abandonment project management services for an offshore field in the Asia Pacific region.
The independent well management group, which enjoyed one of its busiest years during 2013, has drilled a well every ten days since 2000, on average.
AGR CEO Åge Landro said: "There is a growing market demand globally for plug and abandonment services, with many mature fields being decommissioned and a high number of wells that require to be closed down.
"It is an area of offshore activity where we can offer operators experience, high levels of drilling, operational and project management expertise, and a flexible approach to meet specific project requirements."
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By GlobalDataThe company, which also offers consultancy manpower, expert software solutions and tailored training, has drilled nearly 500 wells in all possible environments.
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