Lundin Extends Frame Agreement with AGR

Lundin Extends Frame Agreement with AGR

AGR’s Facilities Solutions division, part of the global service company AGR, announces that its Frame Agreement with Lundin Norway had been extended for another three years.

The contract covers delivering field and facilities management services for Lundin Norway’s field development projects. AGR’s services range from system engineering and mechanical completion to subsea production system management on all of Lundin Norway`s current projects including Brynhild and Edvard Grieg.

AGR’s Executive Vice President, Sjur Talstad, commented: “We are very glad to continue our cooperation with Lundin. AGR was awarded a facilities management frame agreement with the Operator in early 2012. Our exceptional delivery on the 1.1 bio USD Brynhild project proved that AGR is a flexible and professional partner to Lundin. This is further confirmed by the extension option the Operator has recently executed.”

Lundin Norway explores, develops and produces oil and gas on the Norwegian Continental Shelf. The Brynhild field was discovered in the southern part of the North Sea in 1992. Production is expected to start in the third quarter of 2014.

Press Release, July 10, 2014

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