News

Advanced well technologies have been the theme of catch-up discussions with some key clients and connections of late.

It was great to meet up with Peter Moulsdale, EVP Eastern Hemisphere of The WellBoss Company to discuss their Middle East expansion. WellBoss provides specialist expertise in the design, development, manufacture and installation of completion equipment and systems with a focus on providing tailored solutions to the artificial lift arena. Peter established and built-up Praxis Completion Technology which was sold to WellBoss in Q4 2023, a subsidiary of the Schoeller Bleckmann Oilfield Equipment Group, a listed company based in Austria.

It was also great to be in touch with Jason Watt, Director of The WellGear Group. WellGear provides a full range of high-quality services for both onshore and offshore to the international oil & gas, petrochemical and geothermal industries. Headquartered in the Netherlands and operating globally with offices in the United Kingdom, Continental Europe, Africa, USA and Australia, WellGear provides hydraulic workover, snubbing and plug & abandon services.

I was delighted to catch up with Kevin Wood, Well Completions Sales Director – Middle East of Welltec. Founded in Denmark in 1994, the company is celebrating 30 years of providing advanced intervention and completion services and products to the international petroleum sector and is now a global leader in the field of metal expandable packer technology. Kevin has held senior roles in a wide range of well services companies across Europe, Asia-Pacific and the Middle East and is now leading Welltec’s expansion in Saudi Arabia, Qatar and the UAE.

We were delighted to launch HFI’s ADVI - Abu Dhabi Ventures Initiative eGuidebook Q1 2024 edition earlier this week which supports clients to address key challenges including 100% foreign ownership laws, local partner agreements, technology licences, manufacturing facilities contracts, corporate taxation, ICV procurement policies and Emiratisation regulations. https://www.flipsnack.com/855FBDFF8D6/2024-02-30-advi-booklet-2024-t9fdeelpma/full-view.html

Looking west, advanced well technology was in focus at the IADC/SPE International Drilling Conference and Exhibition held in Galveston, Texas this week and, looking ahead, will take centre stage at the 2024 SPE/ICoTA Well Intervention Conference & Exhibition in The Woodlands, Texas on 19 – 20 March. We continue to look forward to connecting with our clients and connections as they roll-out their well technology in the MENA region.