Total E&P UK extends use of RMR in £4.5m deal
Total E&P UK, one of the largest operators in the UK sector of the North Sea, has extended its contract for AGR’s Riserless Mud Recovery system (RMR™) by four years.
TOTAL E&P UK’s multiple-well deal with Norwegian solutions provider AGR also includes the firm’s Cutting Transportation System (CTS).
The extension, worth approximately £ 4.5 million (NOK 40 million), takes the contract period up to the end of July, 2015.
Total E&P UK, an exploration and production subsidiary of the TOTAL Group, was an early adopter of RMR™ technology, first signing up to the system in 2006. This latest contract extension follows an earlier one made in 2009.
David Hine, EVP of AGR’s Enhanced Drilling Solutions, said, “We’re delighted with the continued commitment to our technologies and services by Total E&P UK. It is also a further endorsement of the added value created through our RMR™ and CTS™ solutions.”
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/26102011/total_extends_use_of_rmr_in_4-5million_pound_deal/
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