Welltec Bags Rig Support and Well Intervention Gig for Petronas
- Business & Finance
Welltec has been awarded a direct contract for the provision of Well Tractor® and mechanical intervention services for PETRONAS Carigali Sdn Bhd (PCSB) in Malaysia. The scope of the work is for rig support and well intervention as required for 70 wells in the East region assets group, including Sabah and Sarawak.
Welltec® will provide its proprietary, e-line based technologies such as Well Tractor®, Well Cutter™, Well Stroker®, Well Miller®, Well Key® and Well Cleaner® in order to increase safety and efficiency on rig operations as well as perform, remediate and improve production from platform wells.
“This is an exciting award for Welltec®. This successful tender award will enable PETRONAS Carigali Sdn Bhd to capitalize on our new technology for supporting its rig operations on development wells in addition to making use of our unique services to realize the full production potential of their existing wells. Our e-line based solutions provide them a portfolio of services capable of transforming how they conduct their well work,” says Ronan Le Gloahec, Senior Vice President, Welltec.
Welltec® is a provider of tractor technology for conveyance solutions as well as the foremost e-line based provider of milling, clean-out and mechanical solutions for interventions which have been successfully developed and applied by Welltec® over the last two decades.
Press Release, July 09, 2014