An Aberdeen-headquartered well technology firm said a new multimillion-pound order showed the decision to target the Middle East market was paying dividends.
Deep Casing Tools
A new cost-reducing, first of its kind well abandonment tool developed by Aberdeen-headquartered Deep Casing Tools has gone from concept to offshore trial with Equinor in just nine months.
A private equity investor in oil and gas technology firms has said there is a lot of “fear and uncertainty” in the mergers and acquisitions market.
Aberdeen-headquartered Deep Casing Tools has secured a £1.1m order with a major oil and gas operator in the Middle East.
An Aberdeen-headquartered oil field technology firm is hoping a new well construction tool will generate £10 million over the next 2-3 years.
The US onshore market holds massive potential for ambitious UK-based oil and gas service companies. With more than 900,000 active wells, breaking into this lucrative sector is a huge focus for E&P technology SMEs the world over.
An Aberdeen-based oil field technology firm has re-entered the Canadian market after being buoyed by a recent investment.
EV Private Equity (EVPE) said yesterday it was planning “several more” investments in North Sea oil and gas technology during the coming year.
An Aberdeen-headquartered oil field technology firm has won a new contract worth about £2.25 million to supply equipment to an unspecified operator in Saudi Arabia.
An Aberdeen-headquartered oil field technology firm has been “re-energised” after securing fresh investment worth more than £3.75 million from a private equity firm.
Deep Casing Tools has won a $4.7million tool order from an unnamed operator in the Middle East.