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AGR delivers its risk management software to Russian firm, Sakhalin Energy

09th April 2014

The Norwegian firm has garnered further Russian contracts for use of its technology and support services

AGR provide software for Sakhalin Energy
The software allows operators to maximise performance during well-construction projects.

Global oil and gas service provider AGR has announced that its software solutions division has signed its first contract with Sakhalin Energy. The three-year deal includes the latest version of its P1 software, as well as maintenance and support services.

The software allows operators to maximise performance during well-construction projects.

AGR relaunched P1 Version 4.0 last spring. The latest version draws on data from previous well-construction projects to offer operators a range of solutions to problems that may arise during construction work. It also provides information on the net effect of changes, allowing users to understand the financial implications.

Petter Mathisen, vice president of AGR’s software solutions division, said: “We are delighted to have landed this significant contract with Sakhalin Energy.

“This contract adds to AGR’s position in Russia where currently Rosneft is using P1, and we are hoping this latest win will lead to more projects in the country.

 “When we first launched P1 Version 3.0 in 2009, it was revolutionary compared to existing risk-management software.

“The philosophy behind this product is that the value of a project is enhanced when operators plan correctly and understand risk and opportunity.

“Usability and user-friendliness is key to P1 Version 4.0.”

“The philosophy behind this product is that the value of a project is enhanced when operators plan correctly and understand risk and opportunity.

“Usability and user-friendliness is key to P1 Version 4.0.”

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