Stay Connected

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

Nigeria president appoints new executives for NNPC, NPDC

Aug 4, 2014 Nigeria President Goodluck Jonathan has appointed Joseph Dawha as group managing director of the Nigeria National Petroleum Corp. (NNPC). The president has also appointed Anthony Muoneke as managin...

ANP approves Petrobas’ plan to upgrade Marlim field

Jul 28, 2014

The National Agency of Petroleum, Natural Gas and Biofuels (ANP) has approved a plan for Petrobras to renew its development plan for the Marlim field offshore Brazil.

FMC, operators to develop next-gen subsea equipment

Jul 23, 2014 FMC Technologies Inc. (NYSE: FTI) has signed an agreement that establishes a joint industry program (JIP) with Anadarko Petroleum Corp., BP, ConocoPhillips, and Shell to develop a new generation of...

People

Jul 17, 2014

Willbros Group Inc. has promoted Earl Collins to president.

Woodside keen to explore offshore Lake Tanganyika

Jul 14, 2014

Woodside has finalized an agreement to farm-in to the Lake Tanganyika basin in western Tanzania.

Trending News

Hydratight launches hot bolting services for offshore assets

Oct 24, 2014

Hydratight now offers hot bolting services globally on all types of flanged joints.

Palantir Solutions launches new reserves management and planning tool

Oct 24, 2014

Palantir Solutions is offering a new reserves management and planning solution called PalantirRESERVES, which is powered by PalantirDATAFLOW, a data management planning platform.

Fugro offers high-resolution subsea laser scanning

Oct 24, 2014

Fugro has expanded its offshore oil and gas services by adding high-resolution subsea laser scanning, which can be applied to a range of subsea services including metrology, field mapping, structure mapping, change detection, and integrity management.

OFG completes CSEM hydrate survey offshore Japan

Oct 24, 2014

Ocean Floor Geophysics Ltd., in cooperation with Fukada Salvage and Marine Works Co. Ltd., has completed a high-resolution CSEM survey of near-surface gas hydrates in Japanese waters using the Scripps Institution of Oceanography Vulcan system for the National Institute of Advanced Industrial Science and Technology (AIST).

Statoil takes an offshore operatorship in Australia

Oct 24, 2014

Statoil continues to expand in Australia, with the award of 100% equity share in an exploration permit in the Northern Carnarvon basin on the Northwest Shelf of Australia.

  Offshore
Digital Magazine
Look Inside
Cover
Current Issue

Oil & Gas Jobs

Search More Job Listings >>