WWCS , IEV Group Set to Conquer Asia Pacific Offshore Market
- Business & Finance
Wright’s Well Control Services (WWCS) announces the formation of a strategic alliance with IEV Group, a multi-national company headquartered in Malaysia (IEV), to introduce and promote WWCS’ plug and abandonment, decommissioning and removal, wireline and e-line, completion and recompletion, hydrate remediation, well pumping and other offshore services to the Asia Pacific market.
IEV will leverage its extensive presence in the region to provide sales, marketing, logistics, support, local third-party supplies and project management for WWCS’ operations in Malaysia, Thailand, Indonesia, Vietnam, Myanmar, India, Philippines, Papua & New Guinea, Australia, Taiwan, China, Singapore, East Timor, UAE, Saudi Arabia, Kuwait, Qatar and other Middle Eastern countries.
“Asia and Australia have the second highest concentration of offshore structures in the world only behind the Gulf of Mexico, so this strategic partnership to offer rigless well control services in the region is a perfect fit with our plans for international growth,” says WWCS president David Wright.
“With IEV’s help, we are excited to now offer clients substantial day-rate savings over conventional rig-based methods in this dynamic offshore market.”
“Our new alliance with Wright’s Well Control Services is a natural extension of our commitment to provide clients with best-in-class technologies for all their needs offshore,” says IEV founder and Group CEO, Christopher Do. “Oil and gas operators throughout Asia and Australia will be quick to embrace WWCS’ rigless services once we demonstrate the dramatic favorable impact to the bottom line these techniques offer.”
IEV Group provides a range of innovative and cost-effective engineering solutions to the petroleum and marine industries. The company excels in applying advanced technologies to replace conventional work methods thus helping clients to reduce costs and achieve desired results within schedule. IEV, along with its strategic alliance partners, has carved a niche as a leading integrated engineering solutions provider in the East Asian region.
Wright’s Well Control Services offers comprehensive surface, subsea and ultra-deepwater offshore and land-based services for clients in the Gulf of Mexico and Asia Pacific regions. Wright’s specializes in cost-effective rigless applications including patent-pending hydrate remediation and subsea blowout preventer technologies. WWCS was founded in 2006 by David Wright who has 25 years of offshore and onshore engineering experience including work at Halliburton, The Red Adair Company and ATP. Wright’s is a privately held company employing 60 people with corporate offices in Humble (Houston), Texas, USA and an operations facility is Lake Charles, Louisiana, USA.
Source:PRNewswire, April 18, 2011;