Global advanced completions and production optimisation company, Tendeka, become the first independent service company to win a multi-million Middle East lower completion contract.
The deal, agreed with Kuwait Oil Company (KOC), has been awarded to supply an Inflow Control Device (ICD) technology to enhance production.
The deal will involve the installation of 55 horizontal wells over two years.
Tendeka have agreed to carry out reservoir simulations on each well while working closely with KOC to ensure the best performance possible from each reservoir.
Scott Watters, chief operating officer with Tendeka, said: “This marks the first independent service company to win such a significant lower completion contract in the GCC. It’s a significant milestone in our growth in the Middle East and is, I am sure, the first of other such awards.”
Mr Saad Al Ganbar, chairman with Tendeka’s local business partner, Joint Scientific Group (JSG), added: “It is a great achievement for the future business of Tendeka and JSG in Kuwait, as it is in line with the KOC strategy for the long-term management of reservoirs with innovative technology. It was the result of great teamwork between the two companies and I am sure will be the beginning of similar wins in Kuwait.”