AGR acquires F.J. Brown & Associates

Offshore staff

NORWAY -- Norway-based AGR Group has acquired Houston-based F.J. Brown & Associates Inc. for $20 million (NOK 120 million) in cash.

AGR says the acquisition strengthens its three core business sectors in North, Central, and South America: petroleum services, drilling services, and field operations.

Francis Brown, president of F.J. Brown, is to join the Board of AGR Americas and lead AGR Petroleum Services' well management operations for North and South America. The other three executive owners of F.J. Brown – Alfred S. Arcache, Ralph D. Doughty and Gerald J. Bologna – will continue in their current capacities.

"The F.J. Brown acquisition represents an important step in our goal to be the leading provider of well construction engineering and well project management services, not only in the Gulf of Mexico, but globally," says Sverre Skogen, chief executive of AGR Group.

"F.J. Brown's focus on health, safety, and environmental protection, together with the highest quality of service, long-term customer relations, and a loyal work force, makes this an excellent fit with the values and ethos of AGR," says Erling Storaune, CEO of AGR Americas.

"The F.J. Brown team is pleased to be joining a well-managed international group of professionals," says Francis Brown, president of F.J. Brown & Associates. "We look forward to integrating into the AGR team to provide an expanded list of services to our clients."

According to AGR, F.J. Brown has managed or participated in the drilling supervision of more than 100 exploration, appraisal, and development wells over the past 12 months.

4/20/2007

Related Articles

People

Dec 12, 2014

The board of directors of Royal Dutch Shell plc has appointed Charles O. Holliday as chairman with effect from the conclusion of the 2015 Annual General Meeting.

Ensco announces management changes

Dec 5, 2014

Ensco plc has promoted Carey Lowe to executive vice president. 

People

Nov 14, 2014

Helge Lund has resigned as president and CEO of Statoil.

NH9 completes its first 1,000-m deepwater well in South China Sea

Nov 11, 2014

China Oilfied Services Ltd. says the NH9 semisubmersible has completed drilling the first 3,281 ft (1,000-m) deepwater well.

Indonesia energy minister appoints new oil and gas chief

Nov 5, 2014 Indonesia Energy and Mineral Resources Minister Sudirman Said reported on Nov. 4 that he had signed a letter to replace the director general for oil and gas at the ministry, according to The Jakart...

Trending News

Offshore photo of the day

Gulf, Pacific win offshore block in the Gulf of Suez

Aug 4, 2015

Egypt’s Ministry of Petroleum division Ganope has awarded Gulf Hibiscus and Pacific Oil an offshore exploration block in the southern Gulf of Suez.

Peregrino reaches production milestone offshore Brazil

Aug 4, 2015

Statoil has produced the 100 millionth barrel of oil from the Peregrino field in the Campos basin offshore Brazil.

Tap Oil awaits confirmation of offshore Myanmar block

Aug 4, 2015

Tap Oil expects to sign a production-sharing contract soon for the shallow-water block M-7 in the Moattama basin offshore Myanmar. 

BW Group to supply FSRU for EGAS

Aug 4, 2015

Egyptian Natural Gas Holding Co. has contracted BW Group to provide a floating, storage, and regasification unit for an LNG regasification project in Ain Sokhna Port, Egypt.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

Search More Job Listings >>