News

Hugh was delighted to meet up this week with Jeff McNamara, President  and Peter Moulsdale, EVP - Eastern Hemisphere of WellBoss to discuss their Middle East business expansion. Jeff is responsible for the vision, strategy, and overall direction of the company. Before coming to WellBoss, Jeff held a series of executive, operational, and sales roles, which included Vice President, North America for a Silicon Valley software startup company, North American Region Manager for Halliburton, and several technical sales roles spanning 12 countries.

Prior to working at WellBoss, Peter founded and managed Praxis Completion Technology until its acquisition by The WellBoss Company in 2023. It was a pleasure to support Praxis in their Saudi business expansion, prior to their acquisition by WellBoss. Peter has worked for major service companies throughout the globe in operations, sales and regional managerial roles before being involved in a startup business at an executive and board level.

The WellBoss Company, wholly owned by Schoeller-Bleckmann Oilfield Equipment AG, designs and manufactures the industry's most reliable well completion technology, delivering unrivaled, data-driven performance and cost-effective solutions for operators looking to optimize their frac operations.

Next month with see the start of some key conference events starting with ONS2024 in Stavanger and culminating with ADIPEC 2024 in Abu Dhabi in November; we look forward to catching up with clients and connections at these events. Coming up on the 3 September, the EIC is hosting its Middle East Technology Showcase in Abu Dhabi. This is an excellent opportunity to highlight innovative technologies spanning across the entire energy sector and we would encourage clients and connections to contact Ryan McPherson at EIC if they are interested in participating.

HFI has recently launched the summer edition of our Saudi Arabia Ventures Initiative (SAVI) eGuidebook which highlights the importance of well-structured local partner ventures as a key aspect of success in the Saudi energy market. The eGuidebook is intended to support our clients and connections and a copy is available from Sally Reeves, HFI's Client Relations Manager.
 
If you are looking for specialist support in relation to the establishment, restructuring or exiting of energy sector ventures in the MENA region, we would be delighted to discuss your plans in confidence and to discuss HFI’s solutions and services in detail. Please email Sally Reeves to arrange a meeting/call with Hugh Fraser.