AGR to provide well management on Awilco rig

AGR Petroleum Services has confirmed that it has entered into a Letter of Intent with oil-service company Awilco Drilling to provide well-management services on the semi-submersible drilling rig, Wilphoenix.
 
The $7m (£4m) agreement is to undertake activity on one firm well, with six optional wells in the UK Continental Shelf.

Wilphoenix is in the final stages of a substantial upgrading programme at Remontowa Shipyard in Poland and has scheduled delivery for around the end of the first quarter of 2011.