ROMAR Nails Two Contracts in South East Asia

ROMAR Nails Two Contracts in South East Asia

Aberdeenshire-based oilfield service company ROMAR International has been awarded two contracts with a combined six figure value in South East Asia with two major oil and gas operators.

This is the first contract win for the company since recently expanding into the region with local representative, STEP Oiltools. ROMAR has employed a further six personnel in recent weeks to support the two operations.

ROMAR’s core business activities evolve around its innovative designs using magnetic separation expertise, experience and technologies to provide value-added solutions. The company has developed a range of products and services tailored to suit various demands and applications across the offshore oil and gas markets worldwide.

The first project will commence in July this year. The scope of work includes use of the ROMAR SS1000 Swarf Handling system and Swarf Flowhead for the abandonment of four wells. Following the initial contract, there is capacity for a contract extension for ROMAR to provide contingency cover for a longer term period.

Similarly, the second, based in Northern Australia, will involve ROMAR swarf handling systems being used to assist in well abandonment and slot recovery operations. The assignment will begin in early August and will last for a 30 day period.

ROMAR International commercial director Robbie Gray said: “Being awarded these contracts with such high profile companies is a huge milestone for ROMAR. South East Asia is a target location for us and we have seen considerable growth in the region thanks to our relationship with STEP Oiltools. We have employed a further six staff off the back of these contracts to keep up with demand. 

“Now that two of our SS1000 Swarf Handling systems are in the area, we look to keep them there on a permanent basis as we expect to see considerable growth in the region over the next 12 months. These contracts are a testament to the quality of our products and underpin ROMAR’s position as market leader in this sector.”

Jamie Dix, vice president Asia, STEP Oiltools, said “We have successfully worked with ROMAR over past year, and securing these contracts is really positive. ROMAR’s patented range of en-mass magnetic separation products are the only technologies of their kind currently available to the offshore oil and gas industry and we are delighted to continue to represent ROMAR within South East Asia.”

Since 2001 the company has grown in size and as well as South East Asia, currently provides products in many oilfield industry provinces including the UK and Norwegian North Sea, West Africa, Gulf of Mexico, and South America. Its success is reinforced by its ability to set up strategic partnerships in regions where ROMAR’s products will be well utilised.

 

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Press Release, June 27, 2013