Global Chemical Company LLC, a wholly owned subsidiary of AlMansoori Specialized Engineering, has announced plans for a new specialized chemical manufacturing facility in Abu Dhabi.
The company has entered into Exclusive Agreements with different international companies to have the manufacturing rights of several drilling chemicals of which the major products will be Sulphonated Asphalt which will be the initial product to be manufactured. The plant will be capable of producing 35 million pounds in weight of Sulphonated Asphalt per year. Production is scheduled to start around August 2008.
Covering 30,000 square meters, with the cost of approximately 20 million dollars, the world leading, multipurpose facility has been planned and developed by industry experts. The manufacturing plant will be supplemented with substantial storage facilities for all the company's raw materials and products.
Sulphonated Asphalt, which will be sold under the name Global Chemical CORT SAS, is widely used in the oil and gas sector to drill wells where shales can create problems. The product has enabled the successful drilling and placement of lengthy horizontal laterals in depths of up to 35,000 feet due to the reduction in torque, drag, inhibition of shales and lowering of fluid loss at high reservoir temperatures.
Adel Baobaid, director of Global Chemical Company, said: "We look forward to serving the many oil and gas companies in the region. With more than 200 rigs in close proximity, the plant will be of great importance to the area.
Companies will benefit greatly from purchasing their sulphonated asphaltic products from a local manufacturing plant. Not only will they experience savings on shipping costs and import duty, they will also have a consistent and regular supply of a number of key products.
We foresee considerable scope for expansion in the future as we increase the range of products being produced at the plant."
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Notes to editors
AlMansoori Specialized Engineering (MSE) is the leading regional provider of oilfield services in the Middle East. Established in Abu Dhabi in 1977, the company now has more than 1,000 employees working in over 15 countries providing a variety of oilfield services. AlMansoori Specialized Engineering provides the following oilfield services:
- Slickline & Completions
- Production Testing & Early Production Facilities
- Drill Stem Testing
- Tubular & Industrial Inspection
- Cased Hole Logging & Perforating
- Tubing - Conveyed Perforating
- Mud Engineering & Fluid Filtration
- Directional Drilling
- Safety & Technical Training
- Oilfield Supplies, Trading, & International Agencies
- Manpower Supply
- Oilfield Rentals
In addition, AlMansoori Specialized Engineering has entered into joint venture associations and licensing arrangements with several internationally recognised companies in order to provide a wider range of services to its clients. It has gained a reputation and the confidence of our valued customers by providing a complete range of products and services in co-operation with our Joint Venture partners and through our principals with whom we have established agency agreements in the different territories covered.
AlMansoori Specialized Engineering and its associated companies have modern, world-class facilities equipped with state-of-the-art technology and backed by well-qualified staff from more than 35 different nationalities to serve the needs of its clients.
AlMansoori Specialized Engineering is proud to be one of the few companies from the region to have an integrated Health, Safety, Environment and Quality management system. For further details visit our website www.almansoori.biz
© Press Release 2008
