Statoil extends Norway support arrangement with AGR

Statoil has exercised options in its framework agreement with AGR Field Operations for surface management services.

Offshore staff

STAVANGER, Norway – Statoil has exercised options in its framework agreement with AGR Field Operations for surface management services. The extension is valued at around NOK 60 million ($10 million) over a period of 12 months.

AGR will provide including the company’s proprietary SOLV concept on all Statoil’s 44 installations on the Norwegian continental shelf.

12/15/2011

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