OKEA signs AGR for offshore Norway field studies

Offshore staff

STRAUME, Norway – Reservoir/well engineering group AGR has a frame agreement to support assets offshore Norway owned by Norwegian E&P company OKEA.

The latter was formed late last year, with a declared goal of unlocking value in fallow (conventional) oil and gas discoveries with the support of service companies.

AGR says the partnership will pursue cost-effective development solutions to bring discoveries into production.

Morten Heir, AGR’s vice president of Reservoir Management, said: “Our first assignment covers supporting OKEA in their field development and reservoir evaluation studies.”

06/07/2016

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