ORS merged with AGR Group
16. July 2012
Two innovative, Norwegian drilling technology companies in the oil/gas services industry are now operating as one.
Ocean Riser Systems (ORS) has merged with Enhanced Drilling Solutions (EDS), a division of AGR Group (AGR), to form AGR EDS-ORS.
AGR EDS-ORS headquarters will be at the former EDS division head office in Straume, Norway. The new company retains EDS offices in the USA, Canada, Brazil, Australia and Azerbaijan.
Former ORS-staff will continue to be based at its Oslo and Houston offices.
The integration of both AGR Enhanced Drilling Solutions and ORS will be a gradual process over the coming months, with no disruption to customers.
Ocean Riser Systems is a company in the Viking Venture II portfolio.
Read more on www.agr.com.
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