AGR Group ASA

Report
AGR Group ASA
«New» AGR – October 2012 (VNR)
Key events in the history of AGR Group
1987
2000
AGR Services AS
founded – cleaning of
oil and gas
equipment
2003
2004
AGR acquired back
to Norway by original
founders
2005
2006
Acquisition of Drilling
Production
Technology AS
(DPT)
70% of AGR
sold to Altor
Private
Equity
Acquisition of
RC Gruppen
2008
Acquisition of the
Upstream
Petroleum
Acquisition of
Safe Control
NDT
Acquisition of
Triangle
Technology
AGR sold to UK
based PSL Group
2007
Acquisition of
the
Peak Group
Acquisition of
Reservoir
Evaluation
Services AS
AGR listed in the
Oslo Stock Exchange
2011
2012
Sale of AGR Field
Operations division
AGR establishes
AGR Energy
Altor Increases
ownership share up
to 76%.
AGR EDS
acquires ORS
AGR organizes its
business into three
stand-alone divisions.
AGR reestablishes a
structure with
stand-alone
divisions
Acquisition of
TRACS International
Consultancy Ltd
The AGR Group
Sold to Oceaneering in 2011
Petroleum services
• Reservoir
management
• Well management
• Field Development
• HSE&Q
Drilling services
• Well service tools –
rental
• Trenching &
excavation
Field Operations
• Project management
and engineering
• Subsea
Infrastructure
• Facilities Integrity
• Operations and
maintenance
• HSE&Q
AGR Field Operations sold to Oceaneering
MNOK
Sold at 1,365 MNOK
700 MNOK dividend
Today’s structure of AGR
AGR Group ASA
Petroleum
Services
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Well Management
Reservoir Management
Consultancy
Training
HSEQ & Risk
Management
Software Solutions
Technical Operator
Enhanced Drilling
Solutions
•
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•
•
CTS
RMR
EC-drill
Dual Gradient Drilling
Tools &
Technologies
•
•
•
•
Well Service tools
Dynamic Desander
Trenchning & Excavation
Cannseal
A significant global presence
AGR Offices
•
•
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•
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~ 1.000 employees world wide
4 regional hubs (Norway, UK, Australia, Americas)
Revenue in 2011: ~ 1,9 BNOK
EBITDA in 2011: ~ 250 MNOK
Abu Dhabi
Australia
Brazil
Dubai
Israel
Norway
Russia
UK
USA
International development
2000
2011
Regional hubs
Regional hubs
International revenue
International revenue
10
45
AGR Petroleum Services
AGR Petroleum Services is a global player offering a complete portfolio of Reservoir and
Well Delivery Services covering all aspects of a the activities. The services is delivered
integrated as one combined solution, as well as separate services from each of the five
business areas.
Well
Management
Reservoir
Management
Consultancy
Services
HSEQ & Risk
Management
Software
Solutions
Experience and strength
– Managed drilling of 400 wells in 10 years
– 1,000 reservoir studies in 5 years
– Managed 13 rigs simultaneously worldwide
– Drilled the deepest GoM HPHT well at 33,000 ft below mud line and 33,000 psi
Field Development
Gaining
Access
Reservoir
Wells
Facilities
Solutions
Integrated
Services
Exploration
& Appraisal
Production
Abandonment
AGR Integrated Services
AGR Petroleum Services locations in Norway
AGR Petroleum Services has
traditionally been located in
Oslo, Trondheim and
Stavanger.
In 2nd half of 2012 the search for
personnel to start the build-up
of a reservoir and well delivery
business out of the Bergen
region has started.
Trondheim
Bergen
Oslo
Stavanger
AGR Petroleum Services - current
AGR Petroleum Services - future
AGR. Pioneering AchievementsTM.
www.agr.com

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