AGR signs subsea agreement with Havtroll, Scandpower

AGR Group's Petroleum Services division has signed agreements with Havtroll and Scandpower to enhance the company's subsea tie-back engineering capacity.

Offshore staff

HOUSTON -- AGR Group's Petroleum Services division has signed agreements with Havtroll and Scandpower to enhance the company's subsea tie-back engineering capacity.

Havtroll employs 20 subsea and pipeline specialists with experience in early phase field development and management of turnkey projects. The exclusive co-operation agreement with Havtroll adds significant depth to AGR's ability to structure and project manage tie-back projects.

Scandpower employs 200 engineers worldwide. The co-operation agreement provides additional analytical strength to AGR by enabling risk quantification of subsea production systems and reliability evaluation of tie-back solutions.

02/26/2008

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