North-east oil service firm Ramco has netted a £4million deal to supply tubular management services to a client down under.
The five-year contract is with Marubeni Itochu Tubulars Oceania (Mito), based in Perth, Western Australia.
Ramco manages the care and maintenance of equipment internationally and is backed by mid-market private equity investor Lloyds Development Capital.
It established an operation in Karratha, Western Australia, in 2015 after working with Centurion, one of the country’s largest transport and logistics providers.
Jason Hughes, Australia general manager at Portlethen-based Ramco said: “With new drilling projects being planned in Australia, we look forward to supporting Mito with the care and maintenance of a large volume of tubular goods over the coming months and years.
“Our dedicated Karratha team will lead this important project, bringing substantial industry expertise and our specialist care equipment to deliver improved cleaning and efficiencies.
“We will work closely with Centurion and Mito to ensure successful delivery of tubular goods to operators across the region.”
Mito is one of Australia’s leading oil industry tubular goods suppliers, with a market presence spanning 30 years.