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AGR stays on with StatoilHydro

AGR Field Operations has bagged a two-year extension on a contract it has with Norwegian giant StatoilHydro.

In a release, AGR said the work covers inspecting and verifying non-complex lifting equipment across StatoilHydro’s North Sea operations, from Sleipner in the South to Snohvit in the North.

The work covers 30 offshore installations and four onshore facilities. AGR added that the contract has two further options to extend, each for two years.

The extension has an estimated value of Nkr32 million ($4.9 million).

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