Subsea excavation frame agreement to AGR

Subsea excavation frame agreement to AGR

AGR Group today announced that its subsidiary AGR Subsea Ltd has signed a frame agreement with StatoilHydro for worldwide provision of seabed excavation services. AGR Subsea performs excavation projects utilising the ClayCutter X route preparation system. Full text

Bergen Group to upgrade 3 Transocean offshore drilling rigs

2008.09.07 - Contracts

Bergen Group has through its subsidiary Bergen Group Hanøytangen AS received a Letter of Intent (LOI) from Transocean Offshore (North Sea) Ltd NUF (Transocean) for upgrading of 3 rigs. The LOI also includes an option for modification work on a further unit. The contract will be a significant contribution to Bergen Groups operations in 2008 and 2009.

The LOI is for upgrade and classification work concerning the units Transocean Searcher, Polar Pioneer, Transocean Arctic, as well as an option for corresponding work on a further drilling rig. Bergen Group's scope of work includes detailed project planning, purchasing, as well as involvement in overall project management.

The work commences in September 2008 and will continue until the end of 2009. The work will be carried out at Bergen Group's facilities at Hanøytangen outside Bergen. The facilities, with uniquely sized dry dock and quays combined with easy access from the open ocean, was a key factor for the award of this contract to Bergen Group. Bergen Group Hanøytangen will during this project be able to utilise resources from other units within the Group's Offshore segment; such as Bergen Engineering and Bergen Group Rosenberg.

- We are very pleased to be able to work with the world's largest offshore drilling contractor, says CEO Roger Simmenes in Bergen Group. He continues: - This is a good illustration of the competitive advantages Bergen Group can achieve due to the wide base of resources available to the company within the Offshore segment. We have proven several times that we can complete complex offshore projects at Bergen Group Rosenberg; and now the customers are starting to understand the opportunities Hanøytangen can provide.

- We look forward to cooperate with Bergen Group in executing these projects. Our goal is that Bergen Group will fulfil the duties in a safe and efficient manner, comments Asbjørn S. Olsen Operations Manager Asset, Transocean Norway. Bergen Group will with this LOI become an important factor for us in the coming years, their facilities in Bergen, project experience and service mindedness were important factors in our evaluation.




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