North-east oilfield service company Romar International said yesterday it had signed a two-year deal to sell its products in the Far East.
Romar said it had agreed a partnership with Step Oiltools, which will promote the Newburgh firm’s offering in south-east Asia.
It expects the agreement to be worth £325,000 a year to Romar.
Romar, which removes swarf – shavings and chips of metal – and other contaminants from fluid systems, said the region was key to the company’s growth.
Commercial director Robbie Gray said: “By entering into this agreement with Step Oiltools, it ensures Romar is continually expanding its product offering into new and existing regions. The south-east Asia region is highly important to the company and there is a high level of demand in the region for our range of magnetic separation products.
“Large volumes of swarf waste can be produced during downhole activities and the requirement to have a reliable and efficient means of disposing of this at surface, without the need for unnecessary mechanical or human intervention, is a critical prerequisite from most operators and drilling contractors.”
Romar also said it planned to enter the United Arab Emirates and former Soviet Union before the year-end. The firm, which employs 13 people, also expects to add a further six to its workforce this year.