ESNAAD (an ADNOC Group Company) Petroleum Services Division announced today that they have signed a Business Collaboration Agreement with NAPESCO International Petroleum Company (NAPESCO International) to provide Oil Well Stimulation and other Services
Mr. Darwish Al Qubaisi, ESNAAD´s General Manager, stated that ESNAAD is very pleased to have entered into this agreement and looks forward to working closely with NAPESCO in providing quality well intervention services to ADCO operations in the UAE.
Mr. Omran Hayat, NAPESCO International Chairman, stated that NAPESCO International is excited with regard to moving operations into the UAE and looks forward to building and maintaining a long term business relationship in the region.
Mr. Khaled Al Saif, Managing Director of NAPESCO added that this alliance with ESNAAD is an important complement to both our on-going growth and expansion strategy outside of Kuwait, and we are truly pleased to have associated ourselves with a quality organization such as ESNAAD.
NAPESCO International is an operating group of the Kuwait based National Petroleum Services Company (K.S.C.C.); a publically traded company (Kuwait Stock Exchange - NAPESCO) engaged in the provision of oilfield services including cementing, stimulation, coiled tubing, nitrogen, and downhole service tools; and is a leading provider of environmental services within the state of Kuwait.
ESNAAD provides fully-fledged services and supplies to the oil and gas industry with emphasis on the production and marketing of drilling chemicals, oil well services, handling materials, labour and equipment supply, marine services, huge storage facilities, lease of warehouses, offices, stores and special installations.
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© Press Release 2009
