EFC Secures Weatherford MPD Contracts
- Business & Finance
Aberdeen-headquartered EFC Group has been awarded multiple multi-million dollar contracts by oilfield services company, Weatherford.
According to EFC Group, the company has developed a long-term relationship with Weatherford, leading to multiple contract awards for Managed Pressure Drilling equipment supply to support the Weatherford Secure Drilling services business.
These contract wins include the design and supply of direct hydraulic controls, hydraulic power units, choke, flow metering and buffer manifolds as well as integrated reelers, umbilicals, hoses & stab plates.
EFC Group CEO, Bob Will, said: “These are major contract wins for EFC Group and we have been proud to support Weatherford as a preferred vendor in this area and as they develop their MPD Deepwater Excellence Initiative.In the midst of a challenging time for the oil and gas drilling industry, MPD is bucking the trend as it continues to be an area of growth, and EFC Group is globally recognised for our 4 year track record and niche experience in this domain. We are delighted to continue this successful partnership with Weatherford, and build on our commitment to safety as we strive to exceed expectations.”
Brian Grayson, director of Pressure Control Systems for Secure Drilling services at Weatherford, commented: “We selected EFC to fulfill these contracts due to a number of factors, in particular the competitive lead time and track record for safety and compliance. We were impressed that they were able to design and build our first system within 14 weeks without compromise.
“The successful implementation of our Deepwater Excellence initiative has been dependent on the relationship between Weatherford and EFC, amongst others, working towards the development of the deepwater MPD market and the associated equipment and services.”