Welltec Opens Factory in Esbjerg, Denmark
- Business & Finance
Welltec has today entered into an agreement to establish a purpose-built manufacturing facility in Denmark’s energy capital Esbjerg. The facility is expected to be operational at the end of 2014 with a staff of 25-35 employees.
The new facility will increase Welltec’s manufacturing capacity within the completions solution segment and ensure high quality and uniform production as volumes grow. In addition, the facility will be used as an offshore supply base and a hub for Welltec’s operations in the Danish, German and Dutch parts of the North Sea as well as land-based operations in Central Europe.
“We are continuously expanding our business with the major operators in the oil and gas industry to create a stronger and more resilient company. It is important for us to be represented in Esbjerg, allowing us to further develop our relations to clients and partners in the North Sea directly out of Denmark’s energy capital. At the same time, the facility in Esbjerg will be central to the development, manufacturing and delivery of Welltec’s revolutionizing technologies for the oil and gas industry,” said Jørgen Hallundbæk, CEO of Welltec.
The facility comprises approximately 65,000 square feet of manufacturing area and 13,500 square feet of office area at a prime location in Esbjerg with close proximity to the harbor and highway.
Press Release, November 08, 2013; photo: MEDVIND/Bent Sørensen (taken from Port of Esbjerg website)