Wireline and well intervention technology specialist Wireline Engineering has concluded an agency agreement with a local company in Oman to further develop its activities in the Omani market.
The one-year agreement with Oman Oil Industries Supplies and Services Company (OOISS) has options to extend annually and is showing early signs of success with the first rental equipment mobilised for offshore and onshore wells operated by a number of oil & gas companies.
Under the agreement, OOISS will provide local support and promote Wireline Engineering's full product portfolio to oil and gas firms in the Sultanate of Oman. High customer demand is expected for its world-leading Open and Cased Hole Roller Bogie technology as well as specialised gas lift and oriented perforating tools.
Aberdeen-headquartered Wireline Engineering has an aggressive internationalisation plan covering the Americas, Middle East and Far East.
It has had a permanent presence in the Middle East since 2005 and has built an impressive track-record in the region with equipment deployed across The United Arab Emirates, Kuwait, Saudi Arabia and Qatar
Bill Petrie, managing director of Wireline Engineering, said: "Expansion into Oman is another major step for Wireline Engineering to enhance its presence in the Middle East. There is huge scope for specialist wireline conveyance products in Oman and in particular our Roller Bogie technology, which is widely acknowledged as an effective solution for downhole operations in deviated wells, is already proving popular.
"OOISS is a highly professional company and an excellent fit for us. The company is a successful and established player in the Omani oil & gas industry with extensive presence and knowledge of the market. It has the contacts and infrastructure to support our needs and we look forward to working with their team over the coming years."
Wireline Engineering develops original well intervention and completion technologies for the oil and gas industry worldwide.
The company was established in 1998 and its headquarters are in Aberdeen, UK. It has international offices in the Americas, Middle East and Far East and employs 50 people worldwide.
-Ends-
Wireline Engineering designs and manufactures innovative wireline and well intervention products for the upstream oil & gas industry. The company is focused on delivering tangible value to its customer's well activities by finding smarter, easier and better ways to meet operational and business goals.
Wireline Engineering combines operational experience and creative design with state of the art manufacturing and product testing facilities to generate smart products and fast-track solutions worldwide.
Issued on behalf of Wireline Engineering by thinkPR. For further information contact Donna Doo on +44 (0)1224 623963, +44 (0) 7725 646544 or email donna@thinkpr.co.uk.
© Press Release 2011
