AGR: Wins Contract with LUKOIL Overseas North Shelf AS for iQx Solution
Global oil and gas service provider, AGR, announces a further contract award for its well intelligence software solution, iQx™, with LUKOIL Overseas North Shelf AS.
AGR’s iQx™ software, which was commercialized in 2013, was designed to simplify and increase efficiency of the planning and execution of drilling wells. It utilizes public technical and operational data from all wells drilled on the Norwegian Continental Shelf.
The latest deal follows previous contract awards in 2014 with Det Norske Oljeselskap, VNG (Norge), OMV (Norge) and Lundin Norway.