Norwegian oil and gas services group AGR has signed a contract with Sakhalin Energy for the provision of its risk management software.
The three-year deal includes the firm’s P1 software – a well construction tool – as well as maintenance and support services for the Sakhalin-2 project in the Russian Far East, comprising the Piltun-Astokhskoye oil field and the Lunskoye gas field in the Sea of Okhotsk.
“We are delighted to have landed this significant contract with Sakhalin Energy,” said Petter Mathisen, vice president of AGR’s software solutions division.
“This contract adds to AGR’s position in Russia where currently Rosneft is using P1, and we are hoping this latest win will lead to more projects in the country.
“The philosophy behind this product is that the value of a project is enhanced when operators plan correctly and understand risk and opportunity.”
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