AGR wins NPD frame agreement for reservoir management

AGR (OSLO:AGR) has signed a two-year frame agreement with the Norwegian Petroleum Directorate.

Offshore staff

OSLO, Norway –AGR (OSLO:AGR) has signed a two-year frame agreement with the Norwegian Petroleum Directorate. There is a one plus one year extension option.

The agreement calls for AGR’s Norwegian reservoir management team to supply geology and reservoir engineering including modeling, petrophysics, simulation, and increased oil recovery.

8/16/2013

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