Oil services firm AGR is looking to increase its global share of the field abandonment sector after landing a new deal in Asia.
The Norwegian firm, which has carried out plug and abandonment contracts for exploration wells in the North Sea for years, has now set its sights on international waters.
“There is a growing market demand globally for plug and abandonment services, with many mature fields being decommissioned and a high number of wells that require to be closed down,” said AGR chief Age Landro.
“We have already delivered a number of abandonment projects in the North Sea and are very pleased to have recently secured a new assignment in the Asia Pacific area.
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