June 10, 2015

AGR has signed a collaboration Agreement with ABT Oil and Gas (ABTOG) to join the Marginal Field Delivery Consortium. The objective of the Marginal Field Initiative is to develop marginal hydrocarbon fields around the world and unlock these vast resources which could remain undeveloped, as conventional solutions render them uneconomic to produce. Using proven technologies to radically reduce CAPEX and OPEX, ABTOG are able to transform the economics of these undervalued assets and profitably deliver marginal field projects, providing considerable returns to the operators and investors alike. AGR is joining the Consortium together with Frames. The other Members include ABT Oil and Gas, Kongsberg Maritime,  Apollo Offshore Engineering and Braemar Shipping. Read more…

Wednesday 10 June 2015